FX.co ★ Malaysia Trade Surplus Smallest in 6 Months

In November 2025, Malaysia experienced a significant contraction in its trade surplus, which decreased to MYR 6.1 billion from MYR 14.8 billion recorded the previous year, and fell well short of the anticipated MYR 17.2 billion. This represented the most modest trade surplus since May, attributed to the fact that imports grew at a faster rate than exports. Exports increased by 7% year-on-year to MYR 135.0 billion, a notable deceleration from the 15.7% surge observed in October, and below the projected 11.2% rise. This figure reflects the weakest export growth seen in the past three months. On the other hand, imports soared by 15.8% reaching a peak of MYR 128.9 billion, outstripping expectations of an 11.4% increase and marking the most rapid growth since August 2024.