Overview

• Malaysia’s total trade for January 2026 amounted to RM272.4 billion with exports and imports recording RM146.9 billion and RM125.5 billion, respectively.
• Exports was valued at RM146.9 billion in January 2026, increased RM24.1 billion (+19.6%) as compared to the same month of the previous year. The increase in exports was attributed to the higher exports in Pulau Pinang (+RM22.1 billion), Johor (+RM5.7 billion), W.P. Kuala Lumpur (+RM736.4 million), Perak (+RM373.2 million), Negeri Sembilan (+RM60.5 million) and Perlis (+RM5.7 million). However, exports decreased in Melaka by RM1.5 billion, Kedah (-RM1.5 billion), Terengganu (-RM549.3 million), Pahang (-RM389.8 million), Selangor (-RM339.1 million), Sarawak (-RM293.8 million), W.P. Labuan (-RM212.3 million), Sabah (-RM82.8 million) and Kelantan (-RM51.7 million).
• Pulau Pinang remained as the top exporter with a contribution of 44.2 per cent, followed by Johor (19.7%), Selangor (14.2%), Sarawak (6.1%) and W.P. Kuala Lumpur (3.5%).
• At the same time, imports in January 2026 increased RM6.3 billion (+5.3%) as compared to the same month in year 2025. The increase in imports was attributed by the higher imports in most states such as Pulau Pinang (+RM3.7 billion), Selangor (+RM2.0 billion), Melaka (+RM1.3 billion), W.P. Kuala Lumpur (+RM846.0 million), Kedah (+RM772.0 million), Perak (+RM236.3 million), Negeri Sembilan (+RM161.1 million), Sarawak (+RM76.2 million) and W.P. Labuan (+RM3.0 million). However, imports decreased in Johor by RM1.8 billion, Pahang (-RM192.5 million), Sabah (-RM71.5 million), Perlis (-RM41.9 million), Kelantan (-RM26.4 million) and Terengganu (-RM1.5 million).
• Pulau Pinang dominates Malaysia’s imports with a share of 25.8 per cent, followed by Selangor (25.1%), Johor (21.7%), W.P. Kuala Lumpur (8.7%) and Kedah (5.6%).

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