Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
MalaysiaMalaysia Balance of Trade climbed to 22.5M in July 2026
FMPMonthlyReleased August 2026
Malaysia Balance of Trade climbed to 22.5M in July 2026, released August 2026, up 6.7M from June's 15.8M reading. The print exceeded the 17.5M consensus by 5M. The print is running well above the 12-month average of 20.18M. Over the past 3 months, Balance of Trade averaged 27.65M, vs 23.37M in the prior 3-month window. The reading is in the 81st percentile of the trailing 24-month range.
Latest Release
22.5
Actual
17.5
Consensus
15.8
Previous
Median Absolute Error
±10 million
across last 12 releases
Last Call
Aug 2026
Predicted: 15.03
Actual: 22.5
Error: -7.47
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| Hang Seng | ▼ Inverse | −0.47 | INDEX | Moves against | → View |
| S&P 500 | ▼ Inverse | −0.30 | INDEX | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Balance of Trade (Malaysia) was reported at 22.50 million in August 2026. This beat the market consensus of 17.50 million by 5.00 million. The reading rose from the previous value of 15.80 million. Trailing 12-month context per ETL data through August 2026. Over the past 12 months, the indicator has averaged 20.46 million, ranging from 6.10 million to 40.40 million across 11 releases.
WHY IT MATTERS
The trailing three releases averaged 25.93 million, up from the prior three at 22.30 million. Volatility over the past year (σ 8.24 million) is higher than the prior year (σ 6.60 million). In August readings over the past 3 years, Balance of Trade has averaged 14.63 million.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with Hang Seng (Bearish Hang Seng). A secondary relationship exists with S&P 500, negatively correlated (Bearish S&P 500). Over the last 12 releases, the Sigmacast model's median absolute error is 10.00 million.
WHAT TO WATCH NEXT
The next release is scheduled for September 18, 2026. Same-country events in the next 14 days include Inflation Rate YoY (Sep 18) and Inflation Rate MoM (Sep 18).
Auto-generated from current model state · Refreshes on each release · Last update August 2026.
SHARE
Balance of Trade - MY
Loading chart data...
About Balance of Trade — Malaysia
DEFINITION
The Balance of Trade is a financial indicator that measures the difference between a country's exports and imports of goods and services. It is an important measure of a country's economic health and can indicate whether a country is running a trade surplus or deficit. A positive balance of trade indicates that a country is exporting more than it is importing, while a negative balance of trade suggests the opposite. This indicator is closely monitored by economists and policymakers as it can impact a country's currency value, inflation, and overall economic growth.
WHY THIS INDICATOR MATTERS
Trade-balance and tariff data inform exchange-rate fundamentals and feed directly into GDP via the net-exports channel. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jul 2026): actual 22.5 M, consensus 17.5 M. Prior reading (Jun 2026): 14.9 M. Before that (May 2026): 40.4 M.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a lower reading versus the latest print, with the 3-month outlook diverging from that direction. The 1-month and 3-month horizons disagree, suggesting a mixed signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with Hang Seng (Bearish Hang Seng, r=-0.47) — a useful reference for index-focused traders.
Σ
EXPECTED ZONE
SIGMANOMICS MARKET FORECAST ENGINE
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
FOREXCRYPTOSTOCKSCOMMODITIESINDICESAPI
BLSBEAFMPWORLD BANKFRED
1,456+ instruments247 indicators530+ correlationsREST + GQL API
4,151 economic indicators127 countries covered6 data sources
FREDBLSEIAECBBOJFMP