Malaysia's Export Outlook Remains Constructive

Dow Jones
08/20

0836 GMT - Malaysia's exports are expected to remain supported for the rest of the year by resilient manufactured goods shipments, particularly electrical and electronic products, alongside continued strength in commodity-related exports, especially natural gas, RHB senior economist Chin Yee Sian says in a note. The global technology upcycle and AI-related semiconductor demand should continue to support E&E exports. However, risks remain from U.S. tariff policies, geopolitical tensions and a potential slowdown in AI investment, which could weaken global semiconductor demand, she says. Malaysia's diversified economy and deep supply-chain integration should offer some resilience, she adds. RHB maintains its 2026 exports growth estimate at 21.7%.

 

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