Malaysia External Trade Development Corporation

Highest Trade, Exports, Imports and Trade Surplus for the Month of April

Malaysia’s trade performance maintained its upward momentum in April 2022 with trade, exports, imports and trade surplus registered the highest monthly value for the month of April. Trade rose by 21.3% to RM231.44 billion compared to April 2021, the 15th consecutive month of double-digit growth. Exports increased by 20.7% to RM127.49 billion, the ninth successive month of double-digit year-on-year (y-o-y) expansion. Imports grew by 22% to RM103.95 billion and trade surplus expanded by 15.7% to RM23.55 billion.

The export growth was boosted by higher shipments of electrical and electronic (E&E) products mainly semiconductors driven by global digitalisation trends. Exports to major markets notably ASEAN, China, the United States (US), the European Union (EU) and Japan recorded double-digit growth. Meanwhile, exports to the US recorded the highest monthly value ever.

On a month-on-month (m-o-m) basis, trade, exports, imports and trade surplus declined by 2.1%, 3.1%, 0.9% and 11.6%, respectively.

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Trade Performance : April 2022 and January - April 2022

Trade Performance : April 2022 and January - April 2022 (Infographic)