Latest reading: In August, the trade balance was USD +12.8 billion, following a USD +17.1 billion reading in the previous...
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 2025 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 trade surplus widens in August
Latest reading: In August, the trade balance was USD +3.8 billion, following a USD +3.4 billion reading in the prior month. Over the last 12 months, the trade balance summed to USD +33.3 billion. Exports were up 6.4% in year-on-year terms in August, coming on the back of a 17.6% rise in the prior month. Imports were down 1.8% in year-on-year terms in August, coming on the back of a 11.1% rise in the previous month.
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 5 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.
Latest Global Trade News
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