FX.co ★ Malaysia Export Growth Eases to 1.9% in August

In August 2025, Malaysia experienced a 1.9% year-on-year increase in exports, reaching MYR 131.6 billion. This follows a revised 6.5% gain in July, making it the second consecutive month of annual export growth. The surge was largely attributed to increased exports to China (10.4%), Taiwan (32.7%), and the European Union (9.7%). However, exports to the United States dropped significantly by 16.7%, impacted by the imposition of new U.S. tariffs. Sector-wise, manufactured goods exports rose 1.7%, with notable contributions from electrical and electronic products (10.1%), machinery and equipment (14.5%), and optical and scientific equipment (14.7%). Meanwhile, agricultural exports improved by 4.5%, buoyed by strong demand for palm oil and palm-based products (9.7%). Conversely, the mining sector saw a 2.4% decrease in exports, affected by reduced liquefied natural gas (LNG) shipments (-2.6%) and a significant decline in crude petroleum exports (-28.8%).