In April, exports fell 1.1% in USD terms over the same month last year. The reading contrasted both the previous month's 0.2% expansion and market expectations. In fact, the April print represents the second contraction so far this year. The drop was driven by lower shipments of electrical and electronic products as well as of palm oil. Meanwhile, imports rose a stronger 6.3% in April, which was well above the mild 1.9% expansion observed in March. As a result, the trade surplus shrunk from USD 3.4 billion in March to USD 2.5 billion in April, which represents the smallest surplus since October 2010.
Malaysia Trade Balance
Exports fall in April
June 6, 2012
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Malaysia Trade Balance Chart
Malaysia Economic News
October 12, 2016
Industrial production increased 4.9% in August from the same month last year.
October 7, 2016
Exports in USD terms rose 3.3% annually in August, which was a sharp improvement over July’s 8.9% contraction (previously reported: -8.7% year-on-year).
September 23, 2016
In August, consumer prices rose 0.43% over the previous month, which was slightly up from the 0.26% increase registered in July, according to the Department of Statistics Malaysia.
September 16, 2016
The ringgit has had a tumultuous week as a combination of factors, both domestic and external, have impacted the currency.
September 10, 2016
Industrial production increased 4.1% in July over the same month last year.