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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