Malaysia: Merchandise trade surplus narrows in November
Latest reading: In November, the trade balance was USD +1.5 billion, following a USD +4.8 billion reading in the prior month. Over the last 12 months, the trade balance summed to USD +35.2 billion.
Exports rose 14.2% in annual terms in November, following a 18.0% rise in the prior month. Imports increased 23.6% in year-on-year terms in November, following a 12.2% rise in the previous month. November’s reading was the strongest since April 2025.