19 August 2025, 08:31 Malaysia: Exports Unexpectedly Rise.
Exports from Malaysia increased by 6.8% year-on-year to a near three-year high of MYR 140.5 billion in July 2025, defying market expectations of a 5.2% decline and rebounding from an upwardly revised 3.6% drop in the previous month. This marked the first annual growth since April, primarily driven by increased shipments to Singapore (22.2%) and the US (3.8%), which together accounted for 31.5% of Malaysia’s total exports. Other notable increases in exports were recorded to China (6.8%), the EU (5.7%), and Taiwan (46.6%). By sector, exports of manufactured goods rose by 9%, supported mainly by higher shipments of electrical and electronic products (22.5%), non-metallic mineral products (17.6%), and palm oil-based manufactured products (16.8%). However, exports fell in both the agriculture (-8.6%) and mining (-4.3%) sectors. For the first seven months of 2025, total exports increased by 4.3% to MYR 900.5 billion, compared to the same period a year earlier.
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