Trade Performance : May 2018 and January - May 2018
Exports Remained High in May 2018 at RM82.11 Billion
Malaysia’s trade in May 2018 grew by 1.8% to reach a value of RM156.1 billion from May 2017. Expansion in trade were seen with China, Taiwan, Hong Kong SAR, the Republic of Korea (ROK), the European Union (EU), Japan and Saudi Arabia.
May 2018 exports remained above the RM80 billion mark, totalling RM82.11 billion, a 3.4% growth compared to May 2017, while imports rose by 0.1% to RM73.99 billion. Export growth continued to outpace import for 5 consecutive months since January 2018. Trade surplus was recorded at RM8.12 billion, an expansion of 47.1% from May 2017 and marked the 247th consecutive month of trade surplus since November 1997.
On a month-on-month (m-o-m) basis, imports and total trade grew by 3.9% and 0.4%, while exports and trade surplus contracted by 2.5% and 37.7%, respectively.
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