Malaysia's Trade Trends February 2026
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According to data from Malaysia’s Department of Statistics, the country’s total international trade during the second month of 2026 recorded a growth of 9.5 per cent, with exports rose by 10.8 per cent and imports expanded by 8.2 per cent year-on-year.
Considering January and February 2026, total trade rose by 11 per cent, while export surged by 15.2 per cent and imports increased by 6.4 per cent.
The robust trade performance and the export rise was mainly driven by strong demand for manufactured goods, especially electrical and electronic (E&E) products, as well as optical and scientific equipment and machinery, metalliferous ore and crude petroleum.
USA attested themselves as Malaysia’s largest trading partner followed by the European Union and China.
China resulted as the major source of imports for Malaysia during February 2026.
In its latest economic outlook, the International Monetary Fund projected Malaysia’s GDP growth rate at 4.6 per cent for 2026.
The Association of Southeast Asian Nations (ASEAN), a political and economic union, has a population of 667 million and a territory of 4.5 million km². It is currently the third-largest economy in Asia-Pacific and the fifth-largest in the world. The ASEAN Economic Community (AEC) has a combined GDP of USD 4.2 trillion, according to estimates for 2025.