Latest reading: Merchandise exports were broadly stable in June, falling just 0.1% year-on-year, following May’s 2.2% fall. Meanwhile, merchandise imports...
Merchandise Exports in Malaysia
Merchandise exports were worth USD 329.5 billion in 2024 in Malaysia compared to USD 233.9 billion ten years earlier, and averaged USD 259.7 billion over the last decade. For more exports information, visit our dedicated page.
Malaysia Merchandise Exports Chart
Note: This chart displays Exports (USD billion) for Malaysia from 2014 to 2024.
Source: Macrobond.
Malaysia Merchandise Exports Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Merchandise Exports (USD bn) | 234.1 | 299.4 | 352.2 | 312.7 | 329.8 |
| Merchandise Exports (ann. var. %) | -2.5 | 27.9 | 17.6 | -11.2 | 5.5 |
Merchandise exports rise at a milder pace in June
Latest reading: Merchandise exports climbed 7.2% on an annual basis in June, on the heels of May’s 9.3% increase. The figure marked the weakest growth since January, likely due to the fading boost of export frontloading ahead of higher expected U.S. tariffs. Meanwhile, merchandise imports rose 12.4% in annual terms in June (May: +17.8% yoy). As a result, the merchandise trade balance improved from the previous month, recording a USD 2.0 billion surplus in June (May 2025: USD 0.2 billion surplus; June 2024: USD 3.0 billion surplus). Lastly, the trend deteriorated, with the 12-month trailing merchandise trade balance recording a USD 29.0 billion surplus in June, compared to the USD 30.0 billion surplus in May.
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Malaysian merchandise exports projections for the next ten years from a panel of 6 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable merchandise exports forecast available for Malaysian merchandise exports.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Malaysian merchandise exports projections.
Want to get access to the full dataset of Malaysian merchandise exports forecasts? Send an email to info@focus-economics.com.
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