Best viewed using Google Chrome or Mozilla Firefox with minimum resolution 1280 x 720. Exports to ASEAN grew by 5% to RM285.3 billion, contributing 28.6% to Malaysia’s total exports.
Imports from China increased by 6.4% to RM174.93 billion, aided by higher imports of E&E products, manufactures of metal, chemicals and chemical products as well as transport equipment. Exports to FTA partners grew by 4.4% to RM615.33 billion, representing 61.7% of Malaysia’s total exports. Petroleum products (RM6.3 billion or 8.6% of total imports, ↑9.7%).
In 2018, Malaysia’s trade with China rose by 8.1% to RM313.81 billion and constituted 16.7% of Malaysia’s total trade. With effect from reference month April 2018, selection of codes for exports and imports of palm oil and palm oil-based products has been reviewed and revised for better representation of the product and this has resulted in some changes to the data. Imports from the EU expanded by 6.5% to RM84.77 billion and the main imports were E&E products, transport equipment as well as machinery, equipment and parts. Organisation for Economic Co-operation and Development (OECD), © Significant increases in trade were recorded with ASEAN, the US, Hong Kong SAR, Taiwan, China, Australia, India, Pakistan and the ROK. Intermediate goods valued at RM39.55 billion or 54.3% of total imports, increased by 3.1%; Capital goods (RM9.46 billion or 13% of total imports, ↓21.7%); and. In 2018, total trade continued to be resilient, expanding by 5.9% to RM1.88 trillion compared with RM1.771 trillion in 2017. This was supported by higher exports of optical and scientific equipment, transport equipment, manufactures of metal, machinery, equipment and parts, rubber products as well as chemicals and chemical products that cushioned the contraction in exports of E&E products. Data and research on international trade and balance of payments statistics including trade in value-added, trade balance, current account balance as % of GDP, trade in services, trade by commodity., Weak growth of G20 international merchandise trade in third quarter of 2018 Major export products were: Imports in December 2018 increased by 1% to RM72.84 billion compared with December 2017. Increase in exports of E&E products over RM1 billion were registered for, among others: Markets which registered significant increase in exports of E&E products were Hong Kong SAR, Taiwan, China, Thailand, the ROK, Singapore and Viet Nam.
Exports to Pakistan were up by 2.1% to RM5.15 billion, spurred by higher exports of petroleum products. Download the entire news release (including graphs and tables PDF). Exports expanded by 4.8% y-o-y to RM83.27 billion.
This resulted in a trade surplus of RM34.58 billion.
+ This media release can be accessed through the portal of Malaysian External Trade Statistics, Ministry of International Trade and Industry (http://www.miti.gov.my) and Malaysia External Trade Development Corporation (http://www.matrade.gov.my). In 2018, other promising markets with significant growth in exports were Bangladesh, South Africa, Sri Lanka, Papua New Guinea, Peru, Qatar, Tunisia and Djibouti. E&E products held the biggest share of Malaysia’s exports composition in 2018, at 38.2% or RM380.81 billion, rising by 11% or RM37.74 billion. International Merchandise Trade Statistics: Concepts and Definitions 2010 (IMTS 2010) which is different from the principles of the System of National Accounts (SNA) and the Balance of Payments Compilation. E&E products, valued at RM261.65 billion, accounted for 29.8% share of Malaysia’s total imports, increased by 3.4% from 2017; Petroleum products, RM86.2 billion, 9.8% share, ↑14.4%; Chemicals and chemical products, RM82.73 billion, 9.4% share, ↑11%; Machinery, equipment and parts, RM73.62 billion, 8.4% share, ↓6.3%; and. Exports to the ROK surged by 17.8% to RM33.68 billion, attributed mainly to higher exports of E&E products, Australia (↑3.2% to RM33.41 billion, crude petroleum), New Zealand (↑6% to RM4.78 billion, crude petroleum), Cambodia (↑23.7% to RM1.54 billion, petroleum products) and Chile (↑13.6% to RM811.4 million, chemicals and chemical products). Exports to the Philippines grew by 2% to RM16.85 billion, benefitting from higher exports of crude petroleum, E&E products, chemicals and chemical products, transport equipment as well as petroleum products. However, exports of iron and steel products, crude petroleum, transport equipment as well as chemicals and chemical products registered increases. This achievement was contributed by higher trade with Hong Kong SAR, which expanded by 45.2% or RM27.91 billion, China (↑8.1% or RM23.4 billion), ASEAN (↑4.7% or RM22.91 billion), Taiwan (↑22.1% or RM17.37 billion), the European Union (EU) (↑4.8% or RM8.45 billion), Saudi Arabia (↑45.2% or RM6.75 billion), Republic of Korea (ROK) (↑7.2% or RM4.89 billion), Australia (↑4.8% or RM2.52 billion), Bangladesh (↑27.3% or RM2.05 billion) and the United States (US) (↑1.1% or RM1.72 billion). In 2018, Malaysia’s total imports increased by 4.9% to RM877.74 billion. 28/11/2018 - G20 international merchandise trade, seasonally adjusted and expressed in current US dollars, grew marginally in the third quarter of 2018, on the back of rising oil prices, with G20 exports rising by 0.3% and imports by 0.7%, following the minor contractions in the second quarter of 2018. Other drivers of exports were chemicals and chemical products, rubber products, iron and steel products, machinery, equipment and parts, transport equipment as well as petroleum products.
Exports increased by 8% to RM264.5 billion and imports rose 5.7% to RM229.91 billion. Total trade for the fourth quarter (Q4) of 2018 expanded by 6.9% to RM494.41 billion compared with Q4 2017. Mid-Tier Companies Development Programme (MTCDP), Benchmarking Online Networking Database (BOND), Registration and Endorsement of Trade Events in Malaysia, MATRADE's Programme With Entrepreneurs & Exporters, Find Malaysian Suppliers & Service Providers, MATRADE Exhibition & Convention Centre (MECC), Malaysia International Trade & Exhibition Centre (MITEC), Malaysian Technical Cooperation Programme (MTCP), MATRADE Shortlisted for World Trade Promotion Organisation Awards 2020, eNational Export Day (eNED) 2020 Aims to Turn Crisis into Opportunity, Malaysian Expertise across Sectors Cultivates Strategic Partnerships, Malaysian Exporters Generates RM566m Sales at Gulfood Dubai, Malaysia's Biggest Halal Trade Fair MIHAS Postponed Due to COVID-19.
Agriculture goods contracted by 14.2% to RM67.01 billion, accounted for 6.7% of total exports in 2018. Major imports were E&E products, machinery, equipment and parts as well as transport equipment.
Imports from ASEAN rose by 4.3% to RM223.9 billion. These countries represented 53.4% of total imports. Largest Trade Surplus since 2012 as Exports reached almost RM1 trillion in 2018. Intermediate and Capital Goods Accounted for 65.2% of Imports. Exports also contracted in the European Union as a whole (minus 0.8%), for the second straight quarter, and in Australia (minus 2.0%), Japan (minus 2.0%), South Africa (minus 0.8%), Turkey (minus 0.6%) and India (minus 0.3%). Exports to Bangladesh increased by 29.5% to RM8.48 billion, South Africa (↑13.2% to RM3.77 billion), Sri Lanka (↑16.4% to RM2.89 billion), Papua New Guinea (↑27.8% to RM1.85 billion), led by higher exports of petroleum products. Exports of this sector rose by 5.5% to RM89.53 billion buoyed mainly by manufactures of metal which increased by 148.7% or RM3.27 billion. It should be noted that, conceptually, the export and import figures in the external trade statistics are different from that in the goods account of the balance of payments compilation.
Average monthly exports was valued at RM83 billion; Expansion of manufactured and mining exports by 9.1% and 7.1%, respectively, compensating for the lower performance of agriculture goods; Continued growth for electrical and electronics (E&E) exports driven by wider application of semiconductors in technology advancement; Double-digit year on year (y-o-y) growth for crude petroleum exports except for January and February, supported by higher crude oil prices; Rising exports to ASEAN by 5% with significant growth to Viet Nam, Thailand, Singapore, the Philippines and Cambodia; Increased exports to almost all major Free Trade Agreement (FTA) partners; Strong export growth to advanced countries, in particular, the US and the EU notably Germany, Spain and Italy; and. China – Malaysia’s Largest Trading Partner for 10 Successive Years. Merchandise Trade Data Availability By Country . Germany surpassed the Netherlands as the largest export destination in this region in 2018. international trade using statistics up to 2018. Although exports grew in China (by 2.4%) – partly reflecting the exceptional sale of an oil platform to Brazil, which helped push up Brazilian imports by 18.0% – this only partially offset the significant contraction of Chinese exports (down 4.9%) in the previous quarter. In 2018, trade with FTA partners increased by 4.1% to RM1.171 trillion and accounted for 62.4% of Malaysia’s total trade. Trade Map is free to use and provides trade statistics and market access information for export development. The expansion was led mainly by manufactured goods which increased by 3.1% to RM87.4 billion and accounted for 96.3% of Malaysia’s total exports to the country. ASEAN remained as an important and strategic trading partner for Malaysia, accounting for 27.1% of Malaysia’s total trade in 2018, valued at RM509.2 billion with an increase of 4.7% from 2017. December Exports Up by 4.8% y-o-y to RM83.27 billion.
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