Latest reading: In August, the trade balance was USD +34.7 billion, following a USD +30.4 billion reading in the prior...
Merchandise Imports in Malaysia
Merchandise imports in Malaysia were worth USD 299.6 billion in 2024, compared to USD 208.7 billion ten years earlier, and they averaged USD 223.5 billion over the last decade. For more information on imports, visit our dedicated page.
Malaysia Merchandise Imports Chart
Note: This chart displays Imports (USD billion) for Malaysia from 2014 to 2025.
Source: Macrobond.
Malaysia Merchandise Imports Data
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Merchandise Imports (USD bn) | 238.2 | 294.0 | 265.6 | 299.5 | 339.2 |
| Merchandise Imports (ann. var. %) | 25.0 | 23.4 | -9.7 | 12.8 | 13.3 |
Merchandise trade surplus widens in July
Latest reading: In July, the trade balance was USD +5.5 billion, following a USD +3.9 billion reading in the prior month. Over the last 12 months, the trade balance summed to USD +63.2 billion. Merchandise exports increased 43.2% in annual terms in July, coming on the back of a 51.6% rise in the previous month. Merchandise imports increased 41.5% in year-on-year terms in July, following a 49.2% 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 imports projections for the next ten years from a panel of 7 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 imports forecast available for Malaysian merchandise imports.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Malaysian merchandise imports projections.
Want to get access to the full dataset of Malaysian merchandise imports forecasts? Send an email to info@focus-economics.com.
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