FX.co ★ Malaysia Export Growth Beats Estimates

In April 2025, Malaysia experienced a significant growth in exports, jumping 16.4% year-on-year to reach MYR 133.6 billion. This growth far exceeded predictions of a 7.8% increase and marked a substantial acceleration from the 6.8% rise recorded in the previous month. This represents the seventh consecutive month of growth in exports, achieving the fastest growth rate in four months.

In terms of sectors, the manufacturing sector saw an impressive 19.0% rise, primarily driven by electronic and electrical products (up 35.4%) and machinery and equipment (up 31.0%). Agriculture exports also experienced a rise, increasing by 3.5%, fueled mainly by palm oil and related products, which grew by 1.8%. On the other hand, there was a 1.3% decline in mining shipments, largely due to a decrease in crude petroleum exports, which fell by 8.7%.

Exports increased significantly to several regions, with shipments to Singapore up by 26.1%, the United States by 45.6%, China by 2.1%, Japan by 6.8%, the European Union by 5.8%, and ASEAN countries by 18.3%. Meanwhile, there was a slight decline in exports to Hong Kong, which fell by 1.9%.