Strong Trade in January
Malaysia’s trade in January 2017 recorded a remarkable growth of 14.8% to reach a value of RM135.77 billion as compared to RM118.31 billion in January 2016. Expansion in trade were seen with China, ASEAN, Japan, the United States of America (USA), Taiwan, Australia and the European Union (EU).
Exports posted a double digit growth of 13.6% to RM70.24 billion, the highest monthly export value ever recorded for the month of January, surpassing RM64.05 billion registered in January 2014. Imports expanded by 16.1% to RM65.53 billion.
A trade balance of RM4.71 billion was recorded in January 2017 making it the 231st consecutive month of trade surpluses since November 1997.
Trade Performance : January 2017