Latest reading: Merchandise exports rose 7.5% annually in July, on the heels of June’s 10.8% upturn and underpinned by higher...
Merchandise Trade Balance in Malaysia
The merchandise trade balance in Malaysia averaged USD 36.3 billion in the decade to 2024. The 2024 reading was USD 29.9 billion. For more information on trade, visit our dedicated page.
Malaysia Trade Chart
Note: This chart displays Trade Balance (USD billion) for Malaysia from 2024 to 2018.
Source: Macrobond.
Malaysia Trade Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Merchandise Trade Balance (USD bn) | 43.6 | 61.2 | 58.2 | 47.2 | 30.4 |
Merchandise exports gain steam in July
Latest reading: Merchandise exports shot up 18.0% year-on-year in July (June: +7.1% year-on-year). Meanwhile, merchandise imports growth decelerated to 11.1% over the same month last year in July (June: +12.4% yoy). As a result, the merchandise trade balance improved from the previous month, recording a USD 3.5 billion surplus in July (June 2025: USD 2.0 billion surplus; July 2024: USD 1.5 billion surplus). Lastly, the trend improved, with the 12-month trailing merchandise trade balance recording a USD 31.0 billion surplus in July, compared to the USD 28.9 billion surplus in June.
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 trade 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 trade forecast available for Malaysian trade.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Malaysian trade projections.
Want to get access to the full dataset of Malaysian trade forecasts? Send an email to info@focus-economics.com.
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