Malaysia’s External Trade Statistics Database was developed to provide users the Malaysia External Trade Statistics (merchandise) (METS) between Malaysia and rest of the world. Concepts and definitions used for the purpose of compiling these statistics are based on International Merchandise Trade Statistics: Concepts and Definitions 2010 (IMTS, 2010) published by the United Nations New York, 2011. The general system of recording is adopted in compiling Malaysia's external trade statistics. Under this system, the national boundary of the country is used as the statistical frontier. All goods entering or leaving the country (except specific exclusions) are recorded, whether or not such goods are subject to clearance. Accordingly, goods entering or leaving customs bonded warehouses, Free Trade Zones and Free Zones are recorded in the statistics. Transactions of commercial and private ships and aircraft are also included in these statistics if they were imported or exported as goods purchased, sold or leased (financial) whether or not they arrived or departed under their own power. Values are expressed in Malaysian Ringgits. Imports and exports forecasts are performed by TrendEconomy experts using mathematical algorithms with seasonal adjustments.
Partner | Trade flow | Actual | Forecast | TOTAL. Total of all HS commodities | |
2020 | 2021 | |||
World | Exports | Actual | 951,602,992,654.00 | 1,239,787,061,693.00 |
Imports | Actual | 790,427,959,104.00 | 987,243,707,956.00 |