March Exports - a New Record High

Malaysia’s exports in March 2018 totalled RM84.47 billion, increasing by 2.2% from March 2017, the highest monthly export value ever recorded. The expansion was supported mainly by higher exports to Hong Kong SAR, the European Union (EU), India, the Republic of Korea (ROK), Taiwan and South Africa.

Imports declined by 9.6% year-on-year to RM69.78 billion. The trade surplus widened to RM14.69 billion, making it the 245th consecutive month of trade surplus since November 1997. Total trade amounted to RM154.25 billion, a decrease of 3.5%, y-o-y.

On a month-on-month basis, exports, imports and total trade grew by 20.1%, 13.8% and 17.1%, respectively.

 

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Trade Performance : March 2018 and January - March 2018