Exports from Malaysia jumped 48.2% from a year earlier to MYR 141.3 billion in August 2022, easily beating market consensus of a 34.4% rise and following a 38% advance in the previous month. It was the 13th straight month of double-digit growth in exports and the largest since April 2021, amid surging commodity prices. Sales grew for all sectors: manufactured goods (47.7%); mining (59.1%); and agricultural goods (42.6%). The expansion in the manufacturing sector was mainly boosted by higher exports of electrical and electronic products (48.5%) and petroleum products (180.3%). Among major trade partners, exports were up to the US (38.2%), China (21.3%), Singapore (54.5%), Japan (41.5%), ASEAN (60.4%), and the EU (30.7%). Considering the first eight months of the year, exports grew by 30.3%. source: Department of Statistics, Malaysia

Exports YoY in Malaysia averaged 12.89 percent from 1971 until 2022, reaching an all time high of 84.30 percent in February of 1974 and a record low of -30.40 percent in January of 2009. This page includes a chart with historical data for Malaysia Exports YoY. Malaysia Exports YoY - data, historical chart, forecasts and calendar of releases - was last updated on October of 2022.

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Malaysia Exports YoY


Malaysia Exports YoY
Exports supported by influx of foreign direct investments have been one of the most important factors driving Malaysia’s GDP growth in recent years. Malaysia's main exports are: electrical and electronics products (36 percent), chemicals (7.1 percent), petroleum products (7.0 percent), liquefied natural gas (6 percent), and palm oil (5.1 percent). Malaysia's main export partners are: Singapore (14 percent), China (13 percent), European Union (10 percent), Japan (9.5 percent), the United States (9.4 percent) and Thailand (6 percent).
Actual Previous Highest Lowest Dates Unit Frequency
48.20 38.00 84.30 -30.40 1971 - 2022 percent Monthly

News Stream
Malaysia Export Growth Strongest in 16 Months
Exports from Malaysia jumped 48.2% from a year earlier to MYR 141.3 billion in August 2022, easily beating market consensus of a 34.4% rise and following a 38% advance in the previous month. It was the 13th straight month of double-digit growth in exports and the largest since April 2021, amid surging commodity prices. Sales grew for all sectors: manufactured goods (47.7%); mining (59.1%); and agricultural goods (42.6%). The expansion in the manufacturing sector was mainly boosted by higher exports of electrical and electronic products (48.5%) and petroleum products (180.3%). Among major trade partners, exports were up to the US (38.2%), China (21.3%), Singapore (54.5%), Japan (41.5%), ASEAN (60.4%), and the EU (30.7%). Considering the first eight months of the year, exports grew by 30.3%.
2022-09-20
Malaysia Export Growth Beats Estimates
Exports from Malaysia grew 38% from a year earlier to MYR 134.1 billion in July 2022, topping market consensus of a 36.5% rise, after a downwardly revised 38.7% gain in the previous month. This was the 23rd consecutive month of increase in exports, and the 12th straight month of double-digit growth, amid surging commodity prices. Sales grew for all sectors: manufactured goods (35.4%), mining (100.4%), and agricultural goods (24.1%). The expansion in the manufacturing sector was mainly boosted by higher exports of electrical and electronic products (35.2%); and petroleum products (80.3%), Among major trading partners, exports increased to the US (20.5%), China (9.8%), Singapore (57.1%), Japan (30.8%), the ASEAN countries (55.6%), and the EU (21.2%). Considering the first seven months of the year, exports expanded by 27.8%.
2022-08-19
Malaysia Exports Rise to Record High
Exports from Malaysia surged 38.8% from a year earlier to a record peak of MYR 146.2 billion in June 2022, easily beating market consensus of a 20.1% gain, after a downwardly revised 30.4% rise in the previous month. It was the 22nd consecutive month of increase in exports, which was the most since May 2021, and the 11th straight month of double-digit growth, amid soaring commodity prices. Further, the latest reading pointed to the tenth consecutive months of exports value exceeded MYR 100 billion. Sales increased for all sectors: manufactured goods (33.8%), mining (116.3%), and agricultural goods (46.8%). The expansion in the manufacturing sector was mainly boosted by higher exports of electrical and electronic products (40.9%); and petroleum products (104.1%), Among major trading partners, exports grew to the US (30.6%), China (4.2%), Singapore (71.6%), Japan (55.8%), the ASEAN countries (55.2%), and the EU (39.4%). Considering the first half of the year, exports expanded by 26.1%.
2022-07-20


United Nations Comtrade Database
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