Insights for Malaysia

MoM insights: In the month-on-month analysis, Malaysia's imports from Singapore saw the highest increase, with a trade value of 14.43B MYR, reflecting a growth of 1.78B MYR (14.12%). Chinese Taipei followed with an increase of 1.06B MYR (9.01%), bringing its total to 12.89B MYR. Oman also experienced a significant rise, with imports increasing by 462.3M MYR (387.34%). On the lower end, imports from the United States decreased by 2.65B MYR (-23.75%), while imports from China and Indonesia fell by 2.23B MYR (-6.31%) and 1.62B MYR (-25.83%), respectively. For exports, Japan led with a growth of 1.51B MYR (25.37%), totaling 7.44B MYR. Singapore's exports increased by 1.28B MYR (6.50%), reaching 20.93B MYR. Chinese Taipei also saw a rise of 1.22B MYR (14.01%). Conversely, exports to the United States dropped by 5.08B MYR (-18.02%), while exports to China and Australia fell by 3.2B MYR (-17.16%) and 922.7M MYR (-22.29%), respectively.

YoY insights: In the year-on-year analysis, imports from China increased significantly by 4.95B MYR (17.61%), totaling 33.06B MYR. Costa Rica also saw a notable rise of 1.76B MYR (713.25%), reaching 2B MYR. Singapore's imports grew by 1.54B MYR (11.99%), totaling 14.43B MYR. On the downside, imports from the United States decreased by 2.69B MYR (-24.02%), while imports from Chinese Taipei and Saudi Arabia fell by 2.03B MYR (-13.62%) and 1.8B MYR (-48.47%), respectively. For exports, the United States experienced a substantial increase of 5.85B MYR (33.90%), totaling 23.1B MYR. Exports to Chinese Taipei rose by 4.4B MYR (79.41%), reaching 9.93B MYR. Hong Kong's exports increased by 4.28B MYR (58.02%), totaling 11.66B MYR. However, exports to Australia decreased by 905.23M MYR (-22.96%), while exports to Bangladesh and Brunei fell by 382.02M MYR (-42.42%) and 278.86M MYR (-52.53%), respectively.