Latest reading: In January, the trade balance was USD +2.3 billion, following a USD +3.2 billion figure in the previous...
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 2014 to 2025.
Source: Macrobond.
Malaysia Trade Data
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Merchandise Trade Balance (USD bn) | 61.2 | 58.2 | 47.2 | 30.4 | 35.5 |
Merchandise trade surplus narrows in January
Latest reading: In January, the trade balance was USD +5.3 billion, following a USD +5.4 billion reading in the prior month. Over the last 12 months, the trade balance summed to USD +40.8 billion. Merchandise exports were up 32.6% in year-on-year terms in January, coming on the back of 20.2% growth in the prior month. January's reading was the strongest since August 2022. Meanwhile, merchandise imports increased 16.8% in annual terms in January, following 19.4% growth in the prior month.
Consensus Forecasts and Projections for the next ten years
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 6 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
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Indonesia: Merchandise trade surplus narrows in January -
China: Exports see strong start to the year Latest reading: In February, the trade balance was USD +91.0 billion, following a USD +122.6 billion figure in the previous... -
Taiwan: Merchandise trade surplus narrows in February Latest reading: In February, the trade balance was USD +12.8 billion, following a USD +18.9 billion reading in the previous... -
Vietnam: Merchandise trade deficit shrinks in February Latest reading: In February, the trade balance was USD -1.0 billion, following a USD -1.8 billion figure in the previous... -
Brazil: Merchandise trade surplus increases in February Latest reading: In February, the trade balance was USD +4.2 billion, following a USD +3.8 billion figure in the prior... -
Thailand: Merchandise trade slips into deficit in January Latest reading: In January, the trade balance was USD -0.7 billion, following a USD +2.7 billion figure in the previous... -
Korea: Merchandise trade surplus widens in February Latest reading: In February, the trade balance was USD +15.5 billion, following a USD +8.7 billion figure in the prior...