19.11.202504:17:13UTC+00Malaysia Export Growth Hits 6-Month High

Malaysia experienced a notable increase in exports, which grew by 15.7% year-on-year, reaching the unprecedented level of MYR 148.3 billion in October 2025. This growth comes after a revised increase of 12.5% in the previous month and represents the most rapid expansion in six months. The robust performance persists despite reduced shipments to the United States, a consequence of newly imposed tariffs.

Breaking it down by sector, manufactured goods exports jumped by 15.7%, led by significant rises in electrical and electronic products (26.5%) as well as optical and scientific equipment (31.6%). The agricultural sector saw a 20.3% boost, driven by heightened demand for palm oil and related products, which surged by 23.8%. The mining sector recorded an 8.0% increase, primarily due to a substantial rise in crude petroleum exports (38.1%), though this was somewhat offset by a 17.6% decline in liquefied natural gas (LNG) shipments.

Analyzing trading partnerships, exports saw increases to several regions: Singapore surged by 27.2%, China by 7.5%, Japan by 6.6%, Hong Kong by a remarkable 36.7%, and the European Union by 23.8%. In contrast, exports to the US decreased by 2.6%.