Malaysia’s export growth decelerated markedly in February 2026, with overseas shipments rising 10.8% year-over-year, down from a robust 19.6% expansion recorded in January 2026. The latest figures, updated on 19 March 2026, highlight a sharp cooling in external demand momentum following a strong start to the year.
Both the current and previous readings are measured on a year-over-year basis, comparing each month’s performance against the same month a year earlier. While February still reflects solid positive growth in exports, the slowdown from January suggests that some of the earlier strength in Malaysia’s trade sector may be moderating as global conditions evolve. Policymakers and markets will be watching upcoming data closely to assess whether this marks the start of a broader trend or a temporary normalization after January’s surge.
