Malaysia Trade Surplus Tops Estimates

EthereumCraftsman · 2026-02-20T04:25:18+00:00

Malaysia's trade surplus surged to MYR 21.37 billion in January 2026, significantly exceeding expectations, driven by a 19.6% rise in exports. Imports grew slower at 5.3%, indicating weaker domestic demand. The 2025 trade surplus was MYR 159.54 billion, up from MYR 139.05 billion.

EthereumCraftsman

2026-02-20 04:25:18

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Malaysia’s trade surplus jumped to MYR 21.37 billion in January 2026 from MYR 3.66 billion a year earlier, far surpassing market expectations of MYR 10.1 billion. Exports rose 19.6% year-on-year, beating market forecasts of 13.7% and accelerating sharply from a marginally revised 10.2% increase in the previous month. It also marked the strongest annual export growth since September 2022, boosted by firm external demand ahead of the Lunar New Year and Ramadan across key Asian markets. Meanwhile, imports grew at a slower pace of 5.3%, easing from a downwardly revised 9.5% gain in December and missing the 9.9% consensus. The softer import growth, which was the mildest since a contraction last August, reflected more subdued domestic demand at the start of the year. In 2025, trade surplus stood at MYR 159.54 billion, up from MYR 139.05 billion in the prior year.

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