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2025-09-18 13:12:31
Malaysia's export growth may slow in August: According to the median estimate of six economists surveyed by The Wall Street Journal, Malaysia's export growth may slow in August. Exports are expected to grow 3.8% year-on-year, compared with a 6.8% increase in July, while imports may fall 0.6%, resulting in a trade surplus of 11.68 billion ringgit. DBS economists Taimur Baig and Ma Tieying said in a report that exports may face pressure as the United States raises reciprocal tariffs to 19% in August and the support from front-loaded shipments has faded. However, electronics exports may remain strong thanks to continued US tariff exemptions. They added that looking ahead, Malaysia still faces potential risks from high US semiconductor tariffs, but certain conditions may mitigate the impact. The trade data will be released on Friday.
