Overview
Malaysia's trade performance sustained a positive trend in April 2025, consistent with the rise in exports and imports, year-on-year (y-o-y). Total trade increased by RM40.3 billion or 18.2 per cent, y-o-y, reached RM261.9 billion.
Nevertheless, the trade balance experienced a decline of RM2.6 billion, a 33.0 per cent decrease from the RM7.7 billion recorded during the same period in the previous year.
The monthly comparison shows that exports and trade surplus declined by 2.7 per cent and 79.1 per cent, respectively, while imports and total trade increased by 14.1 per cent and 4.8 per cent.
Total trade, exports, and imports all showed positive trend from January to April 2025, compared to the corresponding period in the previous year. Total trade climbed by 7.2 per cent, driven by increases in exports (+7.3%), imports (+7.0%), and trade surplus (+10.4%).
Performance of Exports
Malaysia’s exports increased by 16.4 per cent in April 2025, rising from RM114.7 billion in April 2024 to RM133.6 billion.
This growth is aligned with the 9.1 per cent increase in domestic exports to RM100.0 billion from RM91.7 billion, accounting for 74.9 per cent of overall exports. Re-exports accounted for 25.1 per cent of total exports, up 46.0 per cent to RM33.5 billion.
Month-on-month (m-o-m) comparison showed re-exports climbed by 22.4 per cent, or RM6.1 billion. In seasonally adjusted m-o-m terms, exports rose 5.3 per cent to RM137.1 billion.
Performance of Imports
Malaysia's import value increased by 20.0 per cent, or RM21.4 billion, to RM128.4 billion in April 2025. On a m-o-m basis, imports also increased by 14.1 per cent, or RM15.8 billion. According to the m-o-m seasonally adjusted terms analysis, imports rose 19.8 per cent to RM131.5 billion.
Imports by End Use increased, y-o-y, with an increase in capital goods (+114.1%), whereas intermediate goods and consumption goods decreased 1.7 per cent and 0.7 per cent, respectively.
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