Trade Performance : June 2018 and January - June 2018
June Exports Rose by 7.6%
Malaysia’s total trade in June 2018 grew by 11% from June 2017 to reach a value of RM151.27 billion. Expansion was supported mainly by higher trade with China, ASEAN, Hong Kong SAR, Taiwan, the Republic of Korea (ROK), the European Union (EU), Saudi Arabia and United Arab Emirates (UAE).
Exports expanded by 7.6% year-on-year (y-o-y) to RM78.66 billion, sustaining the positive momentum for 4 straight months, while imports rose by 14.9% to RM72.61 billion. Trade surplus was recorded at RM6.04 billion. This was the 248th consecutive month of trade surplus since November 1997.
On a month-on-month (m-o-m) basis, total trade, exports, imports and trade surplus contracted by 3.1%, 4.2%, 1.9% and 25.5%, respectively.
Total trade in the second quarter of 2018 (Q2 2018) amounted to RM462.84 billion, an expansion of 8% from Q2 2017. Total exports in the quarter reached RM245.01 billion, 8.2% higher compared to the same period last year and imports increased by 7.7% to RM217.83 billion. Trade surplus in Q2 2018 was recorded at RM27.18 billion, a 12.9% increase from RM24.07 billion registered in Q2 2017.
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Trade Performance : June 2018 and January - June 2018
