Japan increases plywood imports from China
KUCHING: Japan has increased its plywood imports from China for the third consecutive month but slowed down shipments from the top supplying countries Malaysia and Indonesia. In June 2022, Japan shipped 37,500 cubic metres (cu m) of plywood from China compared to 32,200 cu m and 25,000 cu m in the previous months of May […]
Marked rise in EU27 tropical wood furniture imports
KUCHING: The EU27 (European Union 27 member countries) has significantly increased the imports of tropical wood and wood furniture from tropical countries, including Malaysia, due to the curtailment of wood supplies from Russia and Belarus. The shrinking wood supplies from Russia and Belarus due to the sanctions imposed by the EU following the invasion of […]
Malaysia records 26 pct jump in Jan-May trade to RM867.4 bln, trade surplus soars 112.2 pct
KUALA LUMPUR: Malaysia’s total trade grew by 26 per cent year-on-year (y-o-y) to RM867.4 billion in the first five months of 2021, the Ministry of International Trade and Industry (Miti) said. Trade surplus surged by 112.2 per cent to RM92.79 billion, as exports rose by 31.1 per cent to RM480.09 billion and imports increased by […]
