Trade Performance 2017
Trade Performance : July 2017 and January - July 2017
Trade Breached One Trillion Mark in the First Seven Months of 2017
Malaysia’s total trade surpassed the one trillion mark in January-July 2017, with a value of RM1.008 trillion, expanding by 22.7% from the corresponding period in 2016. This was the fastest period trade breached the one trillion mark, two months earlier than the normal trend. Expansion was supported mainly by trade with ASEAN, China, the United States of America (USA), the European Union (EU), Japan, India and Taiwan. Exports increased by 22.3% to RM529.68 billion while imports rose by 23% to RM478.71 billion, resulting in a trade surplus of RM50.97 billion.
Exports in July 2017 maintained its steady growth momentum recording a value of RM78.62 billion, rising by 30.9% compared with a year ago. Exports posted a stronger year-on-year growth than imports for the third straight month. Imports was higher by 21.8% to RM70.59 billion and total trade expanded by 26.4% to RM149.21 billion. July’s trade surplus of RM8.03 billion marked the 237th consecutive month of trade surplus since November 1997.
On a month-on-month basis, total trade, exports and imports in July 2017 were higher by 9.5%, 7.6%, and 11.7%, respectively.
Download PDF:
Trade Performance : June 2017 and January - June 2017
June 2017 – Trade Surplus of RM9.88 billion, the Highest Since April 2016
Malaysia’s total trade for the month of June 2017 increased by 7% to RM136.26 billion, up from RM127.38 billion recorded in June 2016. Expansion was supported mainly by trade with China, India, Japan, the European Union (EU), ASEAN, the United States of America (USA), Taiwan and the Republic of Korea (ROK).
Exports in June 2017 posted a stronger year-on-year growth than imports for the second straight month. Exports expanded by 10% to RM73.07 billion while imports grew by 3.7% to RM63.19 billion. June’s trade surplus of RM9.88 billion marked the 236th consecutive month of trade surplus since November 1997 and the highest value of trade surplus since April 2016.
Compared to May 2017, total trade, exports and imports were lower by 11.1%, 8% and 14.5%, respectively.
Total trade in second quarter (Q2) 2017 amounted to RM428.66 billion, an expansion of 19.9% from Q2 2016. Total exports in the quarter reached RM226.36 billion, 20.6% higher from the same period last year and imports increased by 19.1% to RM202.31 billion. A trade surplus of RM24.05 billion was recorded for Q2 2017 compared to RM17.86 billion registered in Q2 2016.
Compared with Q1 2017, exports increased by 0.7% while total trade and imports contracted marginally by 0.4% and 1.7%, respectively.
In the first half (H1) of 2017, Malaysia’s total trade rose by 22% to RM859.17 billion from RM704 billion recorded in H1 2016. During the period, exports increased by 21% to RM451.05 billion and imports expanded by 23.3% to RM408.12 billion. A trade surplus of RM42.93 billion was recorded for H1 2017 compared to RM41.79 billion in H1 2016.
Download PDF:
Trade Performance : April 2017 and January - April 2017
April 2017- Double Digit Trade Growth for 5 Straight Months
Malaysia’s total trade in April 2017 surged by 22.5% to RM139.18 billion compared with the year before. The growth was supported by expansion in trade with ASEAN, China, Japan, India, the European Union (EU) and the United States of America (USA).
Exports maintained its double digit growth for the fifth straight month since December 2016. Exports in April 2017 grew by 20.6% to RM73.97 billion from April 2016 and imports expanded by 24.7% to RM65.21 billion, resulting in a trade surplus of RM8.75 billion. This marks the 234th consecutive month of trade surplus since November 1997.
On a month-on-month basis, total trade, exports and imports dropped by 12.9%, 10.5% and 15.6%, respectively due to the high base effect in March.
Total trade for the first four months of 2017 was valued at RM569.68 billion, grew by 23.8% compared with RM460.02 billion recorded in the same period last year. Exports totalled RM298.65 billion, an increase of 21.2% while imports rose by 26.9% to RM271.03 billion. The trade surplus amounted to RM27.62 billion.
Download PDF:
Trade Performance : May 2017 and January - May 2017
May 2017 – Export Growth Outpaced Import for the First Time Since May 2016
Malaysia’s trade in May 2017 registered a value of RM153.3 billion and grew by 31.5% as against RM116.6 billion recorded in May 2016. Expansion in trade was seen with almost all trading partners particularly ASEAN, China, the United States of America (USA), the European Union (EU), India, Taiwan and Australia.
Exports in May 2017 posted a stronger year-on-year growth compared to imports for the first time since May 2016. Exports grew by 32.5% to RM79.4 billion while imports increased by 30.4% to RM73.91 billion, resulting in a trade surplus of RM5.49 billion. This was the 235th consecutive month of trade surplus recorded since November 1997.
On a month-on-month basis, total trade, exports and imports expanded by 10.2%, 7.5% and 13.3%, respectively.
In January-May 2017, total trade grew by 25.4% to RM722.89 billion, exports increased by 23.3% to RM377.96 billion while imports rose by 27.7% to RM344.93 billion. The trade surplus amounted to RM33.03 billion.
Download PDF:
Trade Performance : March 2017 and January - March 2017
Outstanding Trade Performance in March 2017
Malaysia's trade continued its strong momentum in March 2017, expanding by 31.1% to RM159.86 billion compared with the year before. Higher trade was seen with ASEAN, China, the United States of America (USA), the European Union (EU), the Republic of Korea (ROK) and Japan.
A new milestone for export performance was recorded in March 2017, breaching RM80 billion mark for the first time. Exports grew by 24.1% to RM82.63 billion, the highest monthly export value ever recorded. This was the fourth consecutive month exports registered double digit growth since December 2016. Imports surged by 39.4% to RM77.22 billion, while trade balance stood at RM5.41 billion, making it the 233rd consecutive month of trade surplus since November 1997.
On a month-on-month basis, total trade, exports and imports grew by 18.5%, 15.1% and 22.5%, respectively.
Total trade for the first quarter (Q1) of 2017 was valued at RM430.51 billion, grew by 24.3% compared with RM346.38 billion registered in Q1 2016. Exports totalled RM224.7 billion, an increase of 21.4% while imports amounted to RM205.82 billion, rose by 27.7%. Trade surplus of RM18.88 billion was recorded for the period.
Download PDF:
