20.07.202604:07:28UTC+00Malaysia Imports Notch Fresh Peak

Malaysia’s imports surged 43.9% year-on-year to a record MYR 163.0 billion in June 2026, sharply up from May’s 14.4% increase and marking the fastest pace of growth since August 2022. The robust performance reflected resilient domestic demand, supported by firm economic activity and stronger business spending.

By use category, imports expanded across the board: intermediate goods rose 41.3%, capital goods 67.4%, consumption goods 17.2%, and dual-use goods 31.9%.

By sector, manufacturing imports jumped 50.8%, driven primarily by strong increases in electrical and electronic (E&E) products (80.2%) and petroleum (66.0%). Mining imports inched up 1.8%, led by higher purchases of crude oil (7.0%) and metalliferous ores and metal scrap (7.9%). Agricultural imports climbed 3.4%, supported by robust gains in other edible oils (47.9%) and palm oils (34.8%).

By trading partner, imports rose from China (56.6%), Japan (20.3%), India (112.3%), ASEAN countries (59.3%), the United States (38.4%), and the European Union (28.0%), but declined from Australia (-11.2%).

For the first half of 2026, total imports increased 16.9% year-on-year to MYR 824.4 billion.