FX.co ★ Malaysia’s Import Growth Cools in July, Easing to 36.4% YoY

Malaysia’s import growth slowed sharply in July 2026, with year-on-year expansion easing to 36.4%, down from a robust 43.9% recorded in June 2026. The latest data, updated on 20 August 2026, highlight a moderation in external demand and purchasing activity after several months of elevated import growth.

Both figures are based on year-over-year comparisons, measuring how imports in each month stacked up against the same month a year earlier. While the pace of growth has decelerated, the double-digit increase in July indicates that Malaysia’s import demand remains strong, suggesting continued momentum in domestic consumption and production needs even as the rate of expansion cools from June’s spike.