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 2025 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 trade surplus widens in August
Latest reading: In August, the trade balance was USD +3.8 billion, following a USD +3.4 billion reading in the prior month. Over the last 12 months, the trade balance summed to USD +33.3 billion. Exports were up 6.4% in year-on-year terms in August, coming on the back of a 17.6% rise in the prior month. Imports were down 1.8% in year-on-year terms in August, coming on the back of a 11.1% rise in the previous month.
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.
Latest Global Trade News
-
China: Merchandise exports beat expectations in September Latest reading: In September, the trade balance was USD +90.4 billion, following a USD +102.3 billion figure in the previous... -
Germany: Merchandise trade surplus narrows in August Latest reading: In August, the trade balance was USD +12.8 billion, following a USD +17.1 billion reading in the previous... -
Taiwan: Export surge continues in September Latest reading: In September, the trade balance was USD +12.4 billion, following a USD +16.8 billion figure in the previous... -
Vietnam: Merchandise trade surplus narrows in September Latest reading: In September, the trade balance was USD +2.8 billion, following a USD +3.7 billion reading in the prior... -
Korea: Merchandise trade surplus widens in September Latest reading: In September, the trade balance rose to USD +9.6 billion, up from USD +6.5 billion in the previous... -
Indonesia: Merchandise trade surplus increases in July Latest reading: In July, the trade balance was USD +5.0 billion, following a USD +4.6 billion reading in the previous... -
Thailand: Merchandise trade surplus shrinks in August Latest reading: In August, the trade balance was USD +0.8 billion, following a USD +2.5 billion reading in the prior...