19 November 2025, 08:51  Malaysia: Imports Notch Record High.

Malaysia’s imports jumped 11.2% yoy to a record peak of MYR 129.33 billion in October 2025, quickening from a marginally revised 7.2% increase in the previous month and far exceeding market estimates of 5.8%. It was the fastest growth since December 2024, reflecting a solid pickup in domestic demand heading into year-end. Purchases rose for capital goods (51.9%) and consumption goods (3.6%), while falling for intermediate goods (-7.6%) and dual-use goods (-29.5%). By sector, manufacturing imports rose 12.7%, led by E&E products (30.6%) and manufacture of metal (13.7%). However, agricultural imports dropped 6.4%, weighed by natural rubber (-26.5%). Mining imports shrank 5.8%, weighed by crude petroleum (-31.0%) and LNG (-35.0%). By destination, imports grew from China (34.7%), Japan (12.7%), Hong Kong (47.8%), and ASEAN countries (12.0%), but fell from the U.S. (-8.8%), the EU (-8.4%), and South Korea (-10.0%). During January–October, total imports gained 4.7% to MYR 1.19 trillion.

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