Japan: Merchandise exports decelerate in June
Yen-denominated merchandise exports rose 5.4% in annual terms in June, down from May’s 13.5% rise. June’s result marked the weakest...
Merchandise Imports in Malaysia
Merchandise imports in Malaysia were worth USD 294.0 billion in 2022, compared to USD 205.9 billion ten years earlier, and averaged USD 209.9 billion over the last decade. For more imports information, visit our dedicated page.
Malaysia Merchandise Imports Chart
Note: This chart displays Imports (USD billion) for Malaysia from 2014 to 2023.
Source: Macrobond.
Malaysia Merchandise Imports Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Merchandise Imports (USD bn) | 205.0 | 190.5 | 238.2 | 294.0 | 265.5 |
| Merchandise Imports (ann. var. %) | -6.0 | -7.1 | 25.0 | 23.4 | -9.7 |
Merchandise exports grow at a faster pace in May
Merchandise exports rose 2.8% year on year in May (April: +1.2% yoy). May’s result marked the most robust outturn since February 2023. Meanwhile, merchandise imports climbed 8.9% in annual terms in May (April: +7.3% yoy). As a result, the merchandise trade balance improved from the previous month, recording a USD 2.1 billion surplus in May (April 2024: USD 1.6 billion surplus; May 2023: USD 3.5 billion surplus). Lastly, the trend pointed down, with the 12-month trailing merchandise trade balance recording a USD 37.1 billion surplus in May, compared to the USD 38.4 billion surplus in April.
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 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 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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