Malaysia’s exports surge 45% in June on electronics, petroleum shipments

KUALA LUMPUR (July 20): Malaysia’s exports accelerated further in June as shipments of electronics and petroleum defied geopolitical tensions in the Middle East.

Exports totalled RM177.89 billion, a 45.4% increase when compared to the same month in 2025, according to the Ministry of Investment, Trade and Industry. That compares to the median 47.3% gain predicted in a Bloomberg poll and May’s revised 44.7% year-on-year rise.

“While downside risks remain from prolonged geopolitical tensions, Malaysia’s trade has thus far demonstrated resilience,” the ministry said, noting that several key products and markets are set to achieve new record highs for the full year driven by electronics and demand from major trading partners.

The latest print marks the fastest growth in exports in nearly four years even as the US-Iran conflict escalated during the month and disrupted global flow of goods through the critical Strait of Hormuz.

Electrical and electronic products, which accounted for nearly half of the total outbound shipments in terms of value, were 57% higher year-on-year in June. Exports of petroleum products were up 56% while that of liquefied natural gas soared 83%.

In terms of markets, deliveries more than doubled to the US, shrugging off US tariffs, while shipments to the top 10 markets were up at least 25%. Orders from China, Malaysia’s biggest trading partner, climbed 36% in terms of value.

Gross imports, meanwhile, expanded 43.9% year-on-year to RM163.00 billion in June.

Inbound shipments of capital goods jumped 67%, driven by non-transport items, while intermediate goods — components and parts used in final assembly — increased 41.3% in June.

Consumption goods rose 17.2% from inbound non-durables.

All in all, trade surplus widened 64.9% to RM14.89 billion when compared to June 2025 but contracted 62.7% on a month-on-month basis.