Malaysia’s trade surplus in July 2023 up by 7.9 pct y-o-y
KUALA LUMPUR: Malaysia’s trade surplus in July 2023 increased by 7.9 per cent year-on-year (y-o-y) to RM17.09 billion and was the 39th consecutive month of trade surplus since May 2020. The Investment, Trade and Industry Ministry (Miti) said total trade fell by 14.4 per cent to RM216.41 billion due to softer global demand and lower […]
Malaysia’s trade surplus surges 152 pct to RM16.82 bln in November
KUALA LUMPUR: Malaysia’s trade surplus surged 151.6 per cent year-on-year (y-o-y) to RM16.82 billion last month, the highest surplus ever recorded for the month of November. The Ministry of International Trade and Industry (Miti) said exports increased by 4.3 per cent to RM84.43 billion compared to the same month last year, marking three consecutive months […]
May export performance up as Malaysia returns to trade surplus
KUALA LUMPUR: Malaysia’s export performance could improve moving forward, with support coming from the modest recovery in semiconductors at the same time, says AmBank Research. In a note today, it said this optimistic view partly follows the government’s decision to allow more industries to resume operations with some at full operating capacity since May 4, […]
Malaysia records trade deficit in April after 269 consecutive months
KUALA LUMPUR: The Covid-19 pandemic, which has caused major disruptions to the global supply chain, has dragged Malaysia to record a trade deficit of RM3.5 billion in April 2020, after 269 consecutive months of surplus on account of higher contraction in exports compared to imports. During the reviewed month, exports contracted by 23.8 per cent […]
Malaysia’s trade surplus in Q1 2020 rises to RM36.99 bln
KUALA LUMPUR: Malaysia recorded a trade surplus of RM36.99 billion in the first quarter (Q1) 2020, 0.1 per cent higher compared to the same period in 2019, the highest trade surplus recorded for Q1 since 2011, said the International Trade and Industry Ministry (Miti). The total trade, exports and imports contracted 8.1 per cent, 7.4 per cent and 8.9 […]
