Malaysia’s exports surged 45.5% year-on-year to MYR 191.1 billion in August 2026, accelerating from a 38% growth in both July and market expectations. Growth was mainly boosted by higher shipments of manufactured goods, which climbed 50.4% and accounted for 89.5% of total exports, particularly in electrical and electronic products (66.5%). Exports of mining products also soared 43.3%, due to increased shipments of tin (180.6%), metalliferous ores and metal scrap (76.1%), and liquefied natural gas (51.8%). However, the increase was partially offset by a decline in crude petroleum exports (-19.3%). By contrast, agricultural exports plunged 21.4%, reflecting lower sales of palm oil and palm-based products (-25%) and sawlog (-37.9%). Exports to all ten major destinations registered growth, led by the US (130.4%), Singapore (58.5%), China (19.9%), and the EU (20%). For January–August, exports totaled MYR 1,356.2 billion, up 31.2% from the same period last year.

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