Trade Performance 2018
Trade Performance : February 2018 and January - February 2018
February 2018 trade surplus at RM9.02 billion
Malaysia registered a trade surplus of RM9.02 billion in February 2018, the 244th consecutive month of trade surplus since November 1997. Exports amounted to RM70.34 billion, contracted marginally by 2% compared to RM71.79 billion recorded in February 2017. Imports decreased by 2.8% to RM61.32 billion. The contraction in both exports and imports was mainly due to seasonal shorter working days during the Lunar festival.
Total trade in February 2018 amounted to RM131.67 billion, decreased by 2.4% compared to February 2017. Lower trade were registered with ASEAN, Japan, Saudi Arabia, the United Arab Emirates (UAE) and Australia. Expansion in trade however were seen with major trading partners, namely Hong Kong SAR, the European Union (EU), China, the Republic of Korea (ROK) and Taiwan.
On a month-on-month (m-o-m) basis, exports, imports and total trade declined by 15.1%, 16.2% and 15.6%, respectively.
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Trade Performance : February 2018 and January - February 2018
Trade Performance : January 2018
2018 Starts with the Highest January Exports of RM82.86 billion
Malaysia’s trade in January 2018 surged by 14.9% to reach a value of RM156.01 billion from January 2017. Expansion in trade were seen with ASEAN, Hong Kong SAR, the European Union (EU), China, India, Taiwan and the Republic of Korea (ROK).
Exports posted a stronger y-o-y growth compared to imports, registering a double digit growth of 17.9% to RM82.86 billion. This was the highest export value ever recorded for the month of January, surpassing RM70.27 billion registered in January 2017. Imports expanded by 11.6% to RM73.15 billion, resulting in a trade surplus of RM9.71 billion. This was the 243rd consecutive month of trade surplus recorded since November 1997.
On a month-on-month (m-o-m) basis, total trade, exports and imports expanded by 3%, 4.4% and 1.5%, respectively.
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