FX.co ★ Malaysia Exports Unexpectedly Rise

In July 2025, Malaysia's exports surged by 6.8% year-over-year, achieving nearly a three-year peak at MYR 140.5 billion. This robust performance countered market forecasts which predicted a 5.2% decrease, and followed a previously adjusted downturn of 3.6% in the preceding month. Marking the first annual growth since April, the upswing was largely fueled by increased exports to Singapore (22.2%) and the United States (3.8%), which collectively constituted 31.5% of Malaysia's total export portfolio. Additional significant export growth was witnessed in shipments to China (6.8%), the European Union (5.7%), and Taiwan (46.6%). By industry, the export of manufactured goods increased by 9%, driven primarily by robust shipments of electrical and electronic products (22.5%), non-metallic mineral products (17.6%), and palm oil-based manufactured goods (16.8%). Conversely, there was a decline in exports from the agriculture (-8.6%) and mining (-4.3%) sectors. Cumulatively, for the first seven months of 2025, Malaysia's total exports rose by 4.3% to MYR 900.5 billion, compared to the same time frame in the previous year.