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NewsUpdate Malaysia April exports fall 3.3% yoy to RM56b
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Update Malaysia April exports fall 3.3% yoy to RM56b
by Cals Fri 07 Jun 2013, 13:55
Update Malaysia April exports fall 3.3% yoy to RM56b
Business & Markets 2013
Written by Kamarul Anwar of theedgemalaysia.com
Friday, 07 June 2013 13:44
A + / A - / Reset
KUALA LUMPUR (June 7): Malaysian exports declined 3.3% year-on-year to RM55.81 billion in April 2013.
The Department of Statistics in a statement today that
the decline was due to lower sales to major importers like China, Japan, the US, and European Union countries.
Exports to Association of Southeast Asian Nations countries, however, rose 1.5%.
During the month, Malaysian exports of crude petroleum-based and electrical and electronic (E&E) products fell. E&E products made up the largest portion or 32% of the country's external sales.
The country's imports, however, swelled by 9.2% to RM54.87 billion. The growth came on higher purchases of consumption, intermediate and capital goods.
Total trade grew 2.5% to RM110.67 billion.
For the first four months of the year, the nation's exports
declined 2.7% to RM225.28 billion from a year earlier while imports expanded 7.1% to RM207.98 billion.
Total trade was 1.8% higher at RM433.26 billion. This brought the country's trade surplus to RM17.29 billion.
Business & Markets 2013
Written by Kamarul Anwar of theedgemalaysia.com
Friday, 07 June 2013 13:44
A + / A - / Reset
KUALA LUMPUR (June 7): Malaysian exports declined 3.3% year-on-year to RM55.81 billion in April 2013.
The Department of Statistics in a statement today that
the decline was due to lower sales to major importers like China, Japan, the US, and European Union countries.
Exports to Association of Southeast Asian Nations countries, however, rose 1.5%.
During the month, Malaysian exports of crude petroleum-based and electrical and electronic (E&E) products fell. E&E products made up the largest portion or 32% of the country's external sales.
The country's imports, however, swelled by 9.2% to RM54.87 billion. The growth came on higher purchases of consumption, intermediate and capital goods.
Total trade grew 2.5% to RM110.67 billion.
For the first four months of the year, the nation's exports
declined 2.7% to RM225.28 billion from a year earlier while imports expanded 7.1% to RM207.98 billion.
Total trade was 1.8% higher at RM433.26 billion. This brought the country's trade surplus to RM17.29 billion.
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