The Minister of International Trade and Industry (MITI), YB Dato’ Sri Mustapa Mohamed announced that total exports in September 2010 were RM50.47 billion, an increase of 6.9% from September 2009. Imports grew by 14.6% to RM43.47 billion resulting in a total trade of RM93.94 billion, an increase of 10.4% from a year ago. A trade surplus of RM7.01 billion was recorded, making it the 155th consecutive month of trade surplus since November 1997.

Compared with August 2010, exports in September 2010 declined by 4.5% while imports contracted by 2.4% and total trade decreased by 3.5%.

During the period of January to September 2010, total trade increased by 23.0% to RM864.48 billion. Exports expanded by 20.4% to RM474.59 billion while imports rose by 26.4% to RM389.89 billion, resulting in a trade surplus of RM84.70 billion.

EXPORTS IN SEPTEMBER 2010

The increase in exports in September 2010 of RM3.28 billion from a year ago was largely contributed by higher exports of liquefied natural gas (LNG), crude petroleum, palm oil, crude rubber, chemicals and chemical products, optical and scientific equipment as well as rubber products.

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