Trade Performance : April 2018 and January - April 2018
Exports Continued to Grow at a Robust Pace in April
Malaysia’s exports in April 2018 registered a robust growth of 14% year-on-year (y-o-y) to RM84.24 billion. This is the second highest monthly exports value after the previous months’ exports of RM84.47 billion. The expansion was supported mainly by higher exports to Hong Kong SAR, ASEAN, China, the European Union (EU), Taiwan, Bangladesh and the Republic of Korea (ROK).
Imports expanded by 9.1% y-o-y to RM71.17 billion. Total trade rebounded by 11.7% y-o-y to RM155.42 billion from a decline of 3.5% in March. Trade surplus was recorded at RM13.07 billion, the 246th consecutive month of trade surplus since November 1997.
On a month-on-month (m-o-m) basis, imports and total trade grew by 2% and 0.8%, while exports and trade surplus contracted by 0.3% and 11%, respectively.
Total trade for the first four months of 2018 amounted to RM597.3 billion, rose by 4.9% compared to the same period of 2017. Exports increased by 7.8% to RM321.87 billion while imports were higher by 1.6% to RM275.43 billion. Trade surplus surged by 68.7% to RM46.44 billion compared to the corresponding period of 2017.
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