Higher fuel prices lift Malaysia’s export and import indices in April

LocalBusiness & Finance
26 May 2026 • 3:17 PM MYT
Malay Mail
Malay Mail

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Malay Mail

KUALA LUMPUR, May 26 — Malaysia’s export unit value index in April 2026 increased by 2.5 per cent month-on-month (m-o-m) to 159.2 points from 155.3 points in March 2026, mainly due to an increase in the mineral fuels index, according to the Department of Statistics Malaysia (DOSM). 

Chief statistician Datuk Seri Dr Mohd Uzir Mahidin attributed the rise in the export unit value index to the expansion in mineral fuels (9.7 per cent), animal and vegetable oils and fats (4.1 per cent) and machinery and transport equipment (0.4 per cent) indices.

“The export volume index also rose by 19.9 per cent m-o-m in line with increases in the chemicals (35 per cent), mineral fuels (22.4 per cent) and machinery and transport equipment (21 per cent) indices, while the seasonally adjusted export volume index increased by 20.4 per cent to 216.8 points from 180.1 points,” he said.

Year-on-year (y-o-y), the export unit value index and the volume index expanded by 5.9 per cent and 29.3 per cent respectively, he said in a statement today. 

Mohd Uzir said the import unit value index also rose by 6.7 per cent to 133.1 points from 124.8 points, following increases in mineral fuels (52.8 per cent), animal and vegetable oils and fats (2.6 per cent) and chemicals (0.4 per cent) indices.

He said the import volume index also increased by 16.1 per cent m-o-m in April 2026, driven by the increases in mineral fuels (41.2 per cent), manufactured goods (23 per cent) and machinery and transport equipment (13.7 per cent) indices.

The seasonally adjusted import volume index rose 14.2 per cent to 185.7 points from 162.6 points, while on a year-on-year basis, the import unit value index increased 5.5 per cent and the volume index edged up 13.7 per cent, he added. 

He said Malaysia’s terms of trade decreased 3.9 per cent m-o-m to 119.6 points in April 2026 from 124.4 points in April 2025 due to a decrease in the index of mineral fuels (28.2 per cent), while y-o-y, Malaysia’s terms of trade increased by 0.3 per cent from 119.1 points in April 2025. — Bernama

 

 

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