Malaysia posts record Q1 trade in 2026 amid global headwinds

Malaysia’s trade hit a record RM789.85 billion in Q1 2026, up 10.4% year-on-year, according to MATRADE.

Exports rose 12.7% to RM426.53 billion, while imports grew 7.7% to RM363.31 billion, creating a RM63.22 billion surplus.

Growth was driven by manufactured goods, especially E&E products. Bank Negara Malaysia expects exports to grow 8.6% this year.