Malaysia balance of trade

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Malaysia balance of trade: 14291.42 (43.56%)
Last Update: July 31, 2024

Malaysia balance of trade closed down 14291.42 as of July 31, 2024 from 9954.93 from the previous month and 17354.78 from last year.


Malaysia balance of trade Analytics & Data




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Malaysia balance of trade closing prices of the last 24 values are displayed below. Sign up free to download the full historical data series using MacroVar Web/Excel or API.

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Malaysia balance of trade

DateValues
2024-07-31 14291.42
2024-06-30 9954.93
2024-05-31 7741.66
2024-04-30 7742
2024-03-31 12719.2
2024-02-29 11240.54
2024-01-31 10172.51
2023-12-31 11748.7
2023-11-30 12234.13
2023-10-31 12904.38
2023-09-30 24373.67
2023-08-31 17180.43
2023-07-31 17354.78
2023-06-30 25548.65
2023-05-31 15698.3
2023-04-30 12626.2
2023-03-31 26688.46
2023-02-28 19568.65
2023-01-31 18130.54
2022-12-31 27980.02
2022-11-30 21803.51
2022-10-31 18459.1
2022-09-30 31839.22
2022-08-31 17287.55

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Malaysia balance of trade Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
balance of trademy.balanceoftrade14291.429954.9344-18UPDown322024-07-31

Malaysia balance of trade Factors

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Malaysia balance of trade Historical Data

The MacroVar database offers free access to historical data for the Malaysia balance of trade, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Malaysia balance of trade data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Malaysia balance of trade

Malaysia's balance of trade refers to the difference between the value of the country's exports and imports. A positive balance of trade occurs when the value of exports exceeds the value of imports, resulting in a trade surplus. This can boost economic growth and strengthen the country's currency. On the other hand, a negative balance of trade, or a trade deficit, occurs when the value of imports exceeds the value of exports. This can lead to a decrease in foreign reserves, currency depreciation, and potentially impact the overall economy. Malaysia's balance of trade is influenced by factors such as global demand for its exports, exchange rates, and domestic economic conditions. Efforts to promote exports, diversify trade partners, and improve competitiveness are important in maintaining a healthy balance of trade for Malaysia.

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