Imports to Malaysia increased 16.1 percent from a year earlier to MYR 65.58 billion in January of 2017, compared to 11.5 percent rise in the preceding month and higher than market expectations of a 10 percent. It was the third consecutive month of increase, as purchases went up for: fuel & lubricants (98.4 percent); parts & accessories of capital goods, except transport equipment (9.6 percent); industrial supplies, processed (5.9 percent); industrial transport equipment (236.3 percent). In contrast, imports decreased for semi-durables (-5.2 percent) and food & beverages, processed for household consumption (-2.8 percent). Imports in Malaysia averaged 18644.67 MYR Million from 1970 until 2017, reaching an all time high of 66833.66 MYR Million in December of 2016 and a record low of 313.60 MYR Million in August of 1970.
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Malaysia’s main imports are: electrical and electronic products (29.4 percent), chemicals (9.5 percent), petroleum products (9.3 percent) and machinery, appliances and parts (8.7 percent). Main import partners are: China (19 percent), Singapore (12 percent), European Union (10 percent), the United States (8.1 percent), Japan (7.8 percent) and Thailand (6.1 percent).
. This page provides the latest reported value for – Malaysia Imports – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Malaysia Imports – actual data, historical chart and calendar of releases – was last updated on March of 2017.