Malaysia's exports and imports declined at a faster-than-expected rate in October, figures from the Department of Statistics showed Wednesday.
Exports fell 8.6 percent year-over-year in October, exceeding economists' expectations for a decrease of 5.6 percent.
Shipments of LNG plunged 40.2 percent in October from a year ago and those of crude petroleum tumbled by 27.9 percent. At the same time, exports of electrical and electronic products grew 1.7 percent.
Imports dipped 6.6 percent annually in October, much faster than the expected fall of 0.1 percent.
On a monthly basis, exports rose 1.7 percent in October, while imports dropped by 1.7 percent.
The visible trade surplus of the country shrank to MYR 9.8 billion in October from MYR 12.1 billion in the corresponding month last year.
The expected surplus for the month was MYR 7.91 billion. In September, the surplus was MYR 7.6 billion.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.