Malaysia July 2026 Trade Up 37.3% to RM364.7B

What happened

Malaysia's total trade rose 37.3% year-on-year to RM364.7 billion in July 2026, compared with RM265.7 billion a year earlier.

The Department of Statistics Malaysia (DOSM) released the figures on August 20, showing growth in both exports and imports.

Why it matters

The increase points to continued economic strength for Malaysia, even with global uncertainties.

The trade data supports expectations for GDP growth, backed by external demand and domestic spending.

Impact on Malaysia

Higher trade volumes can add to government revenue and lend support to the ringgit.

Export-oriented sectors, including electronics and palm oil, may see job gains from the expansion.

Sector highlights

The source did not break down the figures by sector, but both exports and imports contributed to the overall rise.

The broad-based growth suggests strength across multiple trade categories.

Outlook

Economists will monitor whether the pace holds in the coming months.

Global commodity prices and supply chain conditions are likely to shape Malaysia's trade performance.

What's next

DOSM is scheduled to release August trade data in late September.

Market analysts will look for signs of sustained demand from major trading partners like China and Singapore.