Malaisie Balance Commerciale

Malaysia's trade surplus narrowed to MYR 13.2 billion in September 2024 from MYR 24.4 billion in the corresponding month of the previous year, albeit higher than market estimates of MYR 9.5 billion. Year-on-year, exports fell 0.3% to a five-month low of MYR 124.1 billion, dragged down primarily by lower sales of manufacturing (-0.5%), mining and quarrying (-7.8%), and others (-2.9%). However, sales increased for agriculture (10.9%). Meanwhile, imports climbed 10.9% from a year earlier to MYR 110.8 billion, primarily attributed to higher purchases of goods n.e.s (79.3%), intermediate goods (18.1%), and consumption goods (0.2%). For the first nine months of the year, the trade surplus slumped by 48.8% from the same period of 2023 to MYR 91.2 billion, with exports rising 5.2% while imports surged by 16.1%.