18 July 2025, 09:07 Malaysia: Import Growth at 3-Month Low.
Imports to Malaysia edged up 1.2% year-on-year to MYR 113.13 billion in June 2025, missing market estimates of 9.7% and sharply easing from a 6.6% growth in the previous month. It was the weakest rise in purchases since March, weighed down by the spillover effects of broad U.S. tariffs. Imports fell for intermediate (-1.2%) and dual-use goods (-44.7%) while growing for capital goods (21.8%) and consumption goods (1.6%). By sector, imports rose for manufacturing (3.6%), largely ed by gains in E&E products (10.5%) and machinery (15.3%). Agricultural imports increased 3.5%, mainly supported by palm oil products (42.7%). In contrast, mining imports slumped 11.4%, weighed down by sharp falls in crude petroleum (-27.8%) and LNG(-43.6%). Purchases went up from China (12.6%), the U.S. (21.1%), Taiwan (10.4%), and South Korea (28.5%) but shrank from ASEAN countries (-5.6%), Japan (-7.2%), and the EU (-9.3%). For the first six months of the year, total imports rose 5.9% to MYR 704.7 billion.
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