Latest reading: Merchandise exports were broadly stable in June, falling just 0.1% year-on-year, following May’s 2.2% fall. Meanwhile, merchandise imports...
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 rise at a milder pace in June
Latest reading: Merchandise exports climbed 7.2% on an annual basis in June, on the heels of May’s 9.3% increase. The figure marked the weakest growth since January, likely due to the fading boost of export frontloading ahead of higher expected U.S. tariffs. Meanwhile, merchandise imports rose 12.4% in annual terms in June (May: +17.8% yoy). As a result, the merchandise trade balance improved from the previous month, recording a USD 2.0 billion surplus in June (May 2025: USD 0.2 billion surplus; June 2024: USD 3.0 billion surplus). Lastly, the trend deteriorated, with the 12-month trailing merchandise trade balance recording a USD 29.0 billion surplus in June, compared to the USD 30.0 billion surplus in May.
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 6 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.
Latest Global Trade News
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