Malaysia’s trade surplus stood at MYR 19.3 billion in December 2025, almost unchanged from the same month a year earlier and surpassing market expectations of MYR 12.2 billion. Exports rose 10.4% year on year to MYR 153.0 billion, accelerating from a 7.0% increase in November and exceeding forecasts of a 2.4% rise. Meanwhile, imports surged 12.0% to MYR 133.7 billion, also above expectations for an 8.5% gain.