Malaysia’s April trade hits RM261.9bil, highest since August 2022: Miti

Trade performance rises 18.2% y-o-y and 16th consecutive month of y-o-y expansion since Jan 2024

Malaysia’s trade rose 18.2% year-on-year to RM261.94 billion in April 2025, marking 16 consecutive months of growth and the highest monthly value since August 2022, said Miti. – Scoop file pic, May 20, 2025

KUALA LUMPUR – Malaysia’s trade performance sustained its positive trajectory in April 2025, rising 18.2% year-on-year (y-o-y) to RM261.94 billion, said the Investment, Trade and Industry Ministry (Miti). 

This marked the 16th consecutive month of y-o-y trade expansion since January 2024 and the highest monthly trade value recorded since August 2022. 

Miti noted that both exports and imports posted strong double-digit growth for the month. 

“Exports expanded by 16.4% to RM133.56 billion, and imports were up by 20% to RM128.37 billion. 

“A trade surplus was recorded for the 60th consecutive month since May 2020, reaching RM5.19 billion,” the ministry said in a statement today. 

The ministry said export growth was mainly driven by robust demand for manufactured goods, particularly electrical and electronic (E&E) products, which surged by nearly RM16 billion. Agricultural goods, especially palm oil and palm oil-based agricultural products, also contributed significantly to the overall export expansion. 

In terms of markets, exports expanded to Asean, China, the United States, the European Union and Taiwan, which reached a new record high. 

Overall exports to Free Trade Agreement partners also saw a strong rebound, said the ministry. 

Among markets that recorded export increases were Mexico, India and South Korea, driven by higher shipments of E&E products. 

For the first four months of 2025, Miti said Malaysia’s total trade rose 7.2% y-o-y to RM977.61 billion, with exports rising 7.3% to RM511.92 billion and imports growing by seven% to RM465.69 billion.  

Meanwhile, the trade surplus registered double-digit growth of 10.4% to RM46.23 billion. 

Additionally, the World Trade Organisation reported an improvement in Malaysia’s global trade ranking, moving up to 24th position in 2024 from 26th in 2023. – May 20, 2025