Exports in Malaysia
Merchandise exports deteriorate in April
Merchandise exports contracted 20.3% over the same month last year in April, weakening further from March’s 7.3% drop. The downturn marked the sharpest decline since May 2020. Meanwhile, merchandise imports decreased 14.2% over the same month last year in April (March: -7.7% yoy), marking the weakest reading since May 2020.
As a result, the merchandise trade balance worsened from the previous month, recording a USD 2.9 billion surplus in April (March 2023: USD 6.0 billion surplus; April 2022: USD 5.5 billion surplus). Lastly, the trend deteriorated, with the 12-month trailing merchandise trade balance recording a USD 54.7 billion surplus in April, compared to the USD 57.3 billion surplus in March.
Malaysia Exports Chart
This chart displays Exports (USD billion) for Malaysia from 2013 to 2022.
Malaysia Exports Data
2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Merchandise Exports (USD bn) | 217 | 249 | 240 | 234 | 299 |