19 December 2025, 09:43 Malaysia: Export Growth at 3-Month Low.
Exports from Malaysia grew 7% yoy to MYR 135 billion in November 2025, easing sharply from a 15.7% surge in October and falling below market forecasts of 11.2%. This marked the softest export growth in three months, due to a decline in agricultural exports. By sector, exports of manufactured goods rose 7.9%, led by strong shipments of electrical and electronic products, which jumped 15%. Mining shipments advanced 9.9%, boosted by higher exports of crude petroleum (6.0%), although liquefied natural gas (LNG) exports fell 12.5%. Meanwhile, agricultural exports dropped 6.0%, weighed down by weak demand for palm oil and palm-based products, which declined 9.3%. Among trading partners, exports increased to Singapore (4.1%), China (9.3%), Hong Kong (17.8%), and the EU (13.2%), while declining to the US (-0.9%) due to newly imposed tariffs, and to Japan (-4.9%). For the first eleven months of 2025, total exports climbed 6.1% to MYR 1.5 trillion compared with the same period a year earlier.
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