External Trade Indices

Overview

The Export Unit Value Index increased by 0.6 per cent in July 2026, mainly contributed by an increase in the Mineral Fuels index


Exports

The export unit value index  increased by 0.6 per cent in July 2026, attributed to increases in the index of mineral fuels (+3.4%), manufactured goods (+0.8%) and machinery & transport equipment (+0.5%).  The export volume index also rose by 8.1 per cent in line with increases in the indices of chemical (+17.0%), machinery & transport equipment (+12.9%) and manufactured goods (+12.4). Seasonally adjusted export volume index increased by 7.9 per cent from 206.9 points to 223.3 points.

On an annual comparison basis, both the export unit value index and the volume index expanded by 8.1 per cent and 27.7 per cent respectively.


Imports

The import unit value index decreased by 1.2 per cent in July 2026, mainly due to declines in the indices of mineral fuels (-7.3%) and chemicals (-0.3%). Meanwhile, the import volume index increased by 14.0 per cent in July 2026 as compared to the previous month, driven by increases in the indices of food (+12.9%), machinery & transport equipment (+8.7%) and manufactured goods (+2.4%). The seasonally adjusted import volume index increased by 13.2 per cent from 176.4 points to 199.7 points.

A year-on-year comparison showed that the import unit value index and the import volume index increased by 3.4 per cent and 25.0 per cent respectively.


Terms of trade

Malaysia's terms of trade increased by 1.9 per cent month-on-month to 126.6 points in July 2026, due to an increase in the index of mineral fuels (+11.5%), manufactured goods (+0.7%) and inedible crude materials (+0.6%). Meanwhile, Malaysia’s terms of trade increased by 4.5 per cent year-on-year to 126.6 points compared with 121.1 points in July of the previous year.


*Notes:

The July 2026 data is provisional and subject to revision in later issues.

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