19 March 2026, 10:36 Malaysia: Imports Rise More than Expected.
Imports to Malaysia increased 8.2% year-on-year to MYR 114.24 billion in February 2026, exceeding market expectations of a 5.4% growth and following a downwardly revised 4.8% rise in January. The three main import categories by end use, which together accounted for 73.8% of total imports, all recorded positive growth: intermediate goods (0.8%), capital goods (15.4%), and consumption goods (1.5%). By sector, manufacturing imports climbed 15.1%, primarily driven by a 36.3% surge in electrical and electronic products. In contrast, imports of agricultural products fell 26.0%, and mining products declined 37.2%. Among key trading partners, China remained the largest source of Malaysian imports (27.3%), followed by Taiwan (36.4%), the EU (9.0%), South Korea (86.8%), Japan (6.8%), Thailand (1.8%), and Vietnam (47.2%). Imports from Singapore (-5.6%), the US (-18.0%), and Indonesia (-10.5%) dropped.
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