Analysis: Mixed Impact of Middle East Conflict on Malaysia's Exports

Golden Ten Data reported on March 20 that Mas Aida Che Mansor, an economist at Galaxy International, stated in a report that Malaysia's export outlook is mixed against the backdrop of Middle East conflicts. Overall exports should continue to be supported by shipments of manufactured goods, especially electrical and electronic products. The country's demand for crude oil and liquefied natural gas exports may also increase. Due to the closure of the Strait of Hormuz causing supply disruptions in the Middle East, buyers will seek alternative sources. However, rising oil prices and supply chain tensions may push up logistics and input costs, dragging down the country's production. Galaxy International Securities maintains its forecast for Malaysia's export growth at 7.9% in 2026.