19.03.202604:13:44UTC+00Malaysia Imports Rise More than Expected

Malaysia’s imports rose 8.2% year-on-year to MYR 114.24 billion in February 2026, beating market expectations of 5.4% growth and accelerating from a downwardly revised 4.8% increase in January.

All three main import categories by end use, which together made up 73.8% of total imports, recorded gains: intermediate goods increased 0.8%, capital goods jumped 15.4%, and consumption goods grew 1.5%.

By sector, manufacturing imports advanced 15.1%, largely supported by a 36.3% surge in electrical and electronic products. In contrast, imports of agricultural products fell 26.0%, while mining imports dropped 37.2%.

China remained Malaysia’s largest import source, accounting for 27.3% of total imports, followed by Taiwan (36.4%), the European Union (9.0%), South Korea (86.8%), Japan (6.8%), Thailand (1.8%), and Vietnam (47.2%). Imports from Singapore (-5.6%), the United States (-18.0%), and Indonesia (-10.5%) registered declines.