Malaysia's Terms of Trade decreased by 0.5 per cent in May 2025, mainly driven by Animal & Vegetable Oils & Fats
Exports
The export unit value index slipped by 1.5 per cent in May 2025 as compared to the previous month. This decrement was primarily driven by the declines in the index of mineral fuels (-4.1%), animal & vegetable oils & fats (-4.1%) and machinery & transport equipment (-0.5%). Likewise, the export volume index dropped by 3.7 per cent in line with the decrease in the index of mineral fuels (-14.5%) and machinery & transport equipment (-9.8%). The seasonally adjusted export volume index also dropped by 2.7 per cent from 170.8 points to 166.1 points.
Referring to the annual comparison, the export unit value index went down by 1.5 per cent while export volume index went up by 0.4 per cent.
Imports
The import unit value index fell 1.1 per cent in May 2025, contributed by the decline in the index of mineral fuels (-6.5%), chemicals (-0.4%) and machinery & transport equipment (-0.1%). Furthermore, the import volume index also declined by 0.9 per cent in May 2025 as compared to the previous month, contributed by the decrement in the index of machinery & transport equipment (-8.1%) and chemicals (-1.4%). The seasonally adjusted import volume index decreased by 2.4 per cent from 238.6 points to 232.7 points.
A year-on-year comparison showed that the import unit value index edged down by 4.7 per cent while import volume index edged up by 11.8 per cent.
Terms of trade
Malaysia's terms of trade dropped 0.5 per cent month-on-month to 118.6 points in May 2025, driven by the decrease in the index of animal & vegetable oils & fats (-1.2%), chemicals (-0.4%) and machinery & transport equipment (-0.4%). Meanwhile, Malaysia's terms of trade risen 3.3 per cent year-on-year from 114.8 points in May previous year.
*Notes:
The May 2025 data is provisional and subject to revision in later issues.
An Error occurred while handling another error:
yii\web\HeadersAlreadySentException: Headers already sent in /var/www/html/dosm/frontend/controllers/SiteController.php on line 191. in /var/www/html/dosm/vendor/yiisoft/yii2/web/Response.php:368
Stack trace:
#0 /var/www/html/dosm/vendor/yiisoft/yii2/web/Response.php(341): yii\web\Response->sendHeaders()
#1 /var/www/html/dosm/vendor/yiisoft/yii2/web/ErrorHandler.php(136): yii\web\Response->send()
#2 /var/www/html/dosm/vendor/yiisoft/yii2/base/ErrorHandler.php(152): yii\web\ErrorHandler->renderException()
#3 [internal function]: yii\base\ErrorHandler->handleException()
#4 {main}
Previous exception:
yii\web\HeadersAlreadySentException: Headers already sent in /var/www/html/dosm/frontend/controllers/SiteController.php on line 191. in /var/www/html/dosm/vendor/yiisoft/yii2/web/Response.php:368
Stack trace:
#0 /var/www/html/dosm/vendor/yiisoft/yii2/web/Response.php(341): yii\web\Response->sendHeaders()
#1 /var/www/html/dosm/vendor/yiisoft/yii2/base/Application.php(390): yii\web\Response->send()
#2 /var/www/html/dosm/www/index.php(24): yii\base\Application->run()
#3 {main}