Miti: Malaysia’s trade up 10.4pc in Q1 2026, exports hit near-record levels despite global uncertainty
Malaysia's trade expanded by 10.4% in Q1 2026, with exports reaching near-record levels despite global uncertainty. The country's trade surplus was RM63.22 billion, driven by strong demand for manufactured goods and E&E products.
Malaysia's trade grew 10.4% to RM789.85 billion in Q1 2026, driven by a 12.7% increase in exports to RM426.53 billion, the second-highest quarterly value ever. Imports rose 7.7% to RM363.31 billion, resulting in a trade surplus of RM63.22 billion. Exports of E&E products and mining goods drove the growth, with key trading partners like China, the US, and Taiwan recording double-digit growth. In March 2026, trade expanded 9.3% year-on-year to RM272.95 billion, with exports and imports reaching record highs. The World Trade Organisation projects global merchandise trade volume to grow 1.9% in 2026, while Bank Negara Malaysia expects Malaysia's exports to grow 8.6%. Malaysia's strong integration into global trade is reflected in its improved WTO rankings.
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