19 September 2025, 09:19  Malaysia: Imports Fall 5.9% YoY.

Malaysia’s imports shrank 5.9% year-on-year to MYR 115.47 billion in August 2025, swinging from a 0.6% growth in the previous month and marking the first drop since March. The contraction reflected softer domestic demand alongside spillover effects from broad U.S. tariffs. Purchases fell sharply for intermediate goods (-16.8%), consumption goods (-8.9%), and dual-use goods (-44.3%), while capital goods rose 11.0%. By sector, manufacturing imports declined 3.0%, weighed by E&E products (-1.2%) and chemicals (-16.3%). Agricultural imports tumbled 20.3%, led by natural rubber (-20.2%) and other vegetable oils (-18.4%), while mining imports slumped 24.3% on steep falls in crude petroleum (-18.3%) and LNG (-83.8%). By destination, imports dropped from the U.S. (-36.7%), EU (-3.2%), Japan (-13.9%), and ASEAN countries (-5.5%), but increased from China (4.0%), Taiwan (27.1%), and South Korea (22.1%). During January–August, total imports increased by 3.6% to MYR 945.6 billion.

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