Malaysia Records Highest January Trade in 36 Years as Exports Surge to RM146.87 Billion
PETALING JAYA, Feb. 21, 2026 – Malaysia’s trade performance reached a historic milestone in January 2026, with total trade, exports, imports, and trade surplus all recording their highest levels for the month in 36 years, highlighting the country’s continued strength in global commerce.
Total trade increased by 12.6 percent year-on-year to RM272.37 billion, driven primarily by strong export growth. Exports rose sharply by 19.6 percent to RM146.87 billion, marking the seventh consecutive month of expansion since July 2025.
Imports also increased, rising 5.3 percent to RM125.5 billion. However, the faster pace of export growth resulted in a significant trade surplus of RM21.37 billion, representing a sharp increase of 483.9 percent compared to January 2025.
Electrical and electronics sector remains dominant
Malaysia External Trade Development Corporation (MATRADE) Chief Executive Officer Abu Bakar Yusof said the strong performance demonstrated the resilience and competitiveness of Malaysian exporters despite challenging global conditions.
The electrical and electronics sector remained the primary contributor, accounting for 48 percent of total exports.
Exports from the sector surged 39.5 percent to RM70.53 billion, supported by rising global demand for semiconductors and rapid growth in artificial intelligence technologies.
Other sectors also showed strong performance, including optical and scientific equipment, processed food, transport equipment, and machinery.
Major export markets show strong growth
Malaysia recorded strong export growth to several major trading partners.
Exports to the United States increased by 33.9 percent to RM23.1 billion, the highest January value on record.
Exports to China rose 16.1 percent to RM15.47 billion, while exports to Taiwan surged 79.4 percent to RM9.93 billion.
Exports to ASEAN countries also grew by 7.1 percent to RM39.42 billion.
Trade with countries under free trade agreements expanded 14.5 percent to RM95.22 billion, accounting for nearly two-thirds of total exports.
Among the fastest-growing markets were Mexico, Hong Kong, India, the United Kingdom, South Korea, and New Zealand.
MATRADE plans programs to sustain export momentum
To maintain export growth, MATRADE has planned 203 initiatives throughout 2026, including trade missions, business matching sessions, and capacity-building programs.
These initiatives aim to support more than 13,400 Malaysian companies, particularly small and medium enterprises, in expanding their international presence.
Exporters are also encouraged to take advantage of Malaysia’s 17 existing free trade agreements to strengthen market access and competitiveness.
Positive outlook for Malaysia’s economy
The strong trade performance reflects Malaysia’s strategic position in global supply chains, particularly in high-technology industries.
With continued demand for semiconductors and advanced electronics, Malaysia is well positioned to sustain export growth.
The latest figures reinforce Malaysia’s role as a key trading nation and highlight the country’s potential for continued economic expansion.
-wilayah.com.my
