Malaisie Balance Commerciale

Malaysia’s trade surplus surged to MYR 19.9 billion in September 2025, up from MYR 12.8 billion in the same month last year and above market expectations of MYR 16.8 billion. It was the largest trade surplus since March, as exports outpaced imports. Exports rose by 12.2% year-on-year to MYR 138.7 billion, following a downwardly revised 1.7% increase in August. The figure far exceeded forecasts of a 3.5% rise and marked the fastest export growth in five months. Growth was driven by higher sales in the manufacturing sector (+12.5%), agriculture (+6.5%), and mining (+4.3%). Exports rose mainly to the U (+24.4%), Singapore (+28.0%), and China (+2.9%). Meanwhile, imports grew by 7.3% to MYR 118.8 billion, surpassing forecasts of 1.4% growth, driven by higher imports of consumption goods (+5.1%) and capital goods (+9.3%). For the first nine months of 2025, the country recorded a trade surplus of MYR 105.7 billion, with exports and imports rising by 4.8% and 1.1%, respectively.