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Malaysia’s exports rose 10.8% in Feb 2026, led by electronics, but trade surplus narrowed amid rising imports and global trade risks.
Malaysia's exports grew 10.8% year-on-year in February 2026, slowing from January’s 19.6%, reaching RM130.95 billion, with electrical and electronic products leading gains.
The trade surplus narrowed to RM16.71 billion as imports rose 8.2%.
Export growth to the U.S. surged 42.3%, while shipments to Singapore fell 17.1%.
Global trade risks increased due to U.S. trade investigations and potential tariffs, with possible new tariffs up to 15% or higher.
CIMB economists warn of further disruptions if negotiations fail.
The ringgit strengthened against some currencies but weakened slightly against the dollar, while oil prices rose amid Middle East tensions, pressuring global markets.
Las exportaciones de Malasia aumentaron un 10.8% en febrero de 2026, lideradas por la electrónica, pero el superávit comercial se redujo en medio del aumento de las importaciones y los riesgos comerciales mundiales.