# Malaysia: October trade surplus at all-time high | articles | ING THINK

> Malaysia posted a record October trade surplus of MYR 16.3 billion, driven by a surprise 17.7% rebound in exports. Electrical and electronics and commodity exports such as LNG, crude, petroleum products and palm oil were key drivers.

- Date: 2018-12-05 · published 2018-12-05T12:00:00.000Z
- Category: report · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/61803-malaysia-october-trade-surplus-at-all-time-high-articles-ing-think
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Strong export momentum supports the ringgit, while the report's warning of slower global growth and lower commodity prices in 2019 points to softer palm oil demand ahead.

## Read by commodity

- USDMYR: bearish ▼
- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2020-05-15 | [Summary Of The Webinar On Mitigating The Impact Of Covid-19 On Malaysian Palm Oil Trade – MPOC](https://feedsoft.ai/events/52993-summary-of-the-webinar-on-mitigating-the-impact-of-covid-19-on-malaysian-palm.md) | +4.0% | +18.0% |
| PALMOIL | 2018-05-03 | [Malaysian crude palm oil output likely rose in April \| The Star](https://feedsoft.ai/events/6619-malaysian-crude-palm-oil-output-likely-rose-in-april-the-star.md) | +0.0% | +1.5% |
| PALMOIL | 2019-02-18 | [Malaysian palm oil prices seen steady in 2019 \| FMT](https://feedsoft.ai/events/60459-malaysian-palm-oil-prices-seen-steady-in-2019-fmt.md) | -0.2% | -6.7% |
| PALMOIL | 2019-04-29 | [Palm oil analyst raises 2019 Malaysia output forecast to 20m tonnes \| The Star](https://feedsoft.ai/events/59678-palm-oil-analyst-raises-2019-malaysia-output-forecast-to-20m-tonnes-the-star.md) | -7.8% | -7.9% |
| PALMOIL | 2026-07-22 | [Malaysia's Palm Oil Forecast Holds Steady as Indonesia Biodiesel Push Lifts Market](https://feedsoft.ai/events/15457-malaysia-s-palm-oil-forecast-holds-steady-as-indonesia-biodiesel-push-lifts.md) | +0.4% | +4.4% |

## Sources

- think.ing.com: https://think.ing.com/articles/malaysia-october-trade-surplus-at-all-time-high/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.