Malaysia Balance of Trade  1970-2017 | Data | Chart | Calendar | Forecast

Malaysia reported a MYR 4.71 billion trade surplus in January of 2017, compared to a MYR 5.39 billion surplus a year earlier while market expected a MYR 8.2 billion surplus. It was the smallest surplus since July 2016, as imports rose more than exports. Year-on-year sales increased by 13.6 percent to MYR 70.2 billion, following a 10.7 percent rise in December and below market consensus of a 15 percent growth. Imports went up 16.1 percent to MYR 65.5 billion, compared to 11.5 percent growth in the preceding month and higher than market expectations of a 10 percent increase. In December 2016, trade surplus stood at MYR 8.72 billion. Balance of Trade in Malaysia averaged 3159.96 MYR Million from 1970 until 2017, reaching an all time high of 15767.47 MYR Million in May of 2008 and a record low of -2880.61 MYR Million in June of 1997.

Malaysia Balance of Trade
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-01-06 04:00 AM Nov MYR9.03B MYR9.8B MYR10.10B
2017-02-08 07:00 AM Dec MYR8.72B MYR9.03B MYR9.3B MYR8.2B
2017-03-03 04:00 AM Jan MYR4.71B MYR8.72B MYR8.2B MYR6.4B
2017-04-05 04:00 AM Feb MYR4.71B
2017-05-05 04:00 AM Mar
2017-06-05 04:00 AM Apr




Malaysia Trade Surplus Narrows To 6-Month Low


Malaysia reported a MYR 4.71 billion trade surplus in January of 2017, compared to a MYR 5.39 billion surplus a year earlier while market expected a MYR 8.20 billion surplus. It was the smallest surplus since July 2016, as imports rose more than exports.

Year-on-year, sales increased by 13.6 percent to MYR 70.2 billion, following a 10.7 percent rise in December and below market consensus of a 15 percent growth. Sales increased for the third straight month, driven by electrical & electronic products (11.4 percent to MYR 24.9 billion, 35.4 percent of total exports), palm oil and palm oil-based products (23.3 percent to MYR 6 billion, 8.5 percent share), crude petroleum (48.1 percent to MYR 2.5 billion, 3.5 percent share), natural rubber (39.1 percent to MYR 393.7 million, 0.6 percent share) and LNG (2.8 percent to MYR 3.3 billion, 4.7 percent share). In contrast, outbound shipments fell for timber and timber-based products (-5.2 percent to MYR 1.9 billion, 2.8 percent share).

Exports increased to China (31.6 percent), the ASEAN countries (13.9 percent), and Singapore (18.8 percent) and the EU countries (5.8 percent).
 
Imports to Malaysia increased 16.1 percent from a year earlier to MYR 65.58 billion in January of 2017, compared to 11.5 percent growth in the preceding month and higher than market expectations of a 10 percent increase. It was the third consecutive month of rise, as purchases went up for most categories: intermediate goods (+10.4 percent, due to industrial supplies, processed: 5.9 percent; parts & accessories of capital goods, except transport equipment: 9.6 percent and fuel & lubricants, primary: 98.4 percent), capital goods (35.2 percent, due to an increase in capital goods except transport equipment: 24.7 percent, transpport equipment, industrial 236.3 percent). In contrast imports for consumption goods declined (1.6 percent, due to a decrease in semi-durables (-5.2 percent), food & beverages, processed for household consumption (-2.8 percent).
 
In December 2016, trade surplus stood at MYR 8.72 billion.

Statistic of Malaysia l Chusnul Ch Manan| chusnul@tradingeconomics.com
3/3/2017 11:58:07 AM



Malaysia Trade Last Previous Highest Lowest Unit
Balance of Trade 4711.86 8718.81 15767.47 -2880.61 MYR Million [+]
Exports 70241.50 75552.50 75741.40 328.10 MYR Million [+]
Imports 65529.64 66833.66 66833.66 313.60 MYR Million [+]
Current Account 12200.00 5998.00 39982.00 978.00 MYR Million [+]
Current Account to GDP 1.30 3.10 17.10 -13.20 percent [+]
External Debt 908704.13 865283.00 908704.13 9063.00 MYR Million [+]
Terms of Trade 97.40 97.10 117.20 92.50 Index Points [+]
Tourism Revenues 69119.60 71998.80 71998.80 8580.50 MYR Million [+]
Tourist Arrivals 2646810.00 2054165.00 2806565.00 459374.00 [+]
Gold Reserves 38.26 36.39 38.26 35.46 Tonnes [+]
Crude Oil Production 668.00 674.00 791.00 489.00 BBL/D/1K [+]
Terrorism Index 2.69 3.58 3.58 0.00 [+]
Capital Flows -13202.00 -6317.26 51408.25 -71566.30 MYR Million [+]
Foreign Direct Investment 10825.00 6545.00 37325.00 4590.00 MYR Million [+]



Malaysia Balance of Trade Notes

International trade plays a large role in Malaysian economy. Since 1998, Malaysia have been reporting consistent trade surpluses, mainly due to rise in exports of electrical and electronics products. In 2015, the biggest trade surpluses were recorded with Hong Kong, Singapore, Japan, and United States while the biggest trade deficits with China and Taiwan. . This page provides the latest reported value for - Malaysia Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Malaysia Balance of Trade - actual data, historical chart and calendar of releases - was last updated on March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
4711.86 8718.81 15767.47 -2880.61 1970 - 2017 MYR Million Monthly



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