In February, exports jumped 14.7% in USD terms over the same month last year. The reading contrasted the previous month's 1.7% decline and overshot market expectations. In fact, the February print represents the strongest gain in five months. Exports benefited from higher shipments for electrical and electronic products as well as for crude petroleum and liquefied natural gas. However, the stronger rebound partially reflects the Chinese New Year holidays, which disrupted regional trade in January and February. Meanwhile, imports climbed 18.8% in February, after adding only 0.8% in January, and constitutes the fastest expansion recorded since March 2011. As a result, the trade surplus widened from USD 2.8 billion in January to USD 3.4 billion in February.
Malaysia Trade Balance
Exports rebound strongly in February
April 10, 2012
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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.