Malaisie Balance Commerciale

Malaysia’s trade surplus widened slightly to a record high of MYR 19.27 billion in December 2025 from MYR 19.26 billion in December 2024, above expectations of MYR 12.2 billion. Exports rose 10.4% yoy to a record high of MYR 153.0 billion, accelerating from a 7.0% increase in November and exceeding forecasts of a 2.4% rise. The acceleration was mainly driven by manufactured goods, which rose 13.6%, led by strong shipments of electrical and electronic products, which surged 25.3%. Among trading partners, outbound shipments rose to the US (48.8%), Hong Kong (12.0%), Taiwan (34.4%), and the EU (34.8%). Meanwhile, imports surged 12.0% to an all-time high of MYR 133.7 billion, also above expectations for an 8.5% gain. The rise was boosted by higher imports of consumption goods (27.6%), dual- use goods (60.1%), and intermediate goods (3.6%). For the whole of 2025, Malaysia registered a trade surplus of MYR 132.6 billion, with exports and imports falling 3.7% and 3.6%, respectively.