Record-Breaking Trade Momentum in 2025
Malaysia has once again demonstrated its resilience and growing economic prowess, with exports reaching a staggering RM1.45 trillion as of November 2025. Coupled with total trade of RM2.77 trillion for the same period, the numbers underscore a sustained expansion that has become a hallmark of the country’s external sector. These figures, reported by Bernama and highlighted by the Malaysia External Trade Development Corporation (Matrade), signal a fifth consecutive year of surpassing the trillion-ringgit milestone for exports.
What This Means for the Economy
Export growth is a key driver of Malaysia’s GDP and employment outlook. A RM1.45 trillion export total suggests robust demand for Malaysian-made goods—from electrical and electronics to palm oil and manufactured components. The influx of orders translates into stronger factory utilization, more stable local supply chains, and potentially higher wage growth as firms expand to meet demand. In a global environment still influenced by shifting supply chains and inflationary pressures, Malaysia’s ability to sustain such figures points to competitive pricing, diversified product offerings, and resilient logistics networks.
Trade Composition and Key Sectors
While the official release did not enumerate each sector in detail, industry observers point to several perennial strength areas. The electrical and electronics (E&E) cluster continues to be a mainstay of Malaysian exports, benefiting from a mix of local assembly, integrated supply chains, and regional demand. Palm oil and palm-based products likely contribute a steady stream of export value, complemented by a growing footprint in manufactured goods such as machinery and parts, chemicals, and transport equipment. The performance of these sectors suggests Malaysia’s manufacturers are leveraging economies of scale, improving productivity, and capitalizing on regional free trade agreements to access key markets in Asia, Europe, and beyond.
Significance of Matr celebrated by Industry Stakeholders
Matrade chair Reezal Merican Naina Merican noted that the fifth consecutive year of surpassing RM1 trillion in exports is a milestone few economies achieve consistently. This ongoing success is not only a testament to the breadth of Malaysia’s export portfolio but also to the support mechanisms provided by government agencies, industry associations, and financial institutions aimed at helping smaller firms scale up for international markets. The collaboration between public and private sectors is playing a pivotal role in keeping Malaysia competitive on the global stage.
Outlook for 2026 and Policy Implications
Analysts expect the export trend to continue into 2026 if global demand remains stable and domestic production capabilities are further enhanced. Policymakers may focus on sustaining currency competitiveness, easing access to financing for exporters, and investing in digital trade infrastructure to reduce transaction costs and shorten lead times. Additionally, continued emphasis on value-added manufacturing, R&D, and workforce upskilling will be key to maintaining the trajectory of strong exports while navigating potential external shocks, such as shifts in global commodity prices or regional trade dynamics.
Conclusion
Malaysia’s 2025 export milestone of RM1.45 trillion by November, with total trade at RM2.77 trillion, reflects a thriving and diversified external sector. As the country approaches the end of the year, the focus will likely remain on sustaining momentum, expanding high-value manufacturing, and strengthening the resilience of supply chains. For businesses, investors, and policymakers, the message is clear: Malaysia remains a formidable player in global trade, with a solid foundation to build on in the coming years.
