Trade Performance : February 2018 and January - February 2018
February 2018 trade surplus at RM9.02 billion
Malaysia registered a trade surplus of RM9.02 billion in February 2018, the 244th consecutive month of trade surplus since November 1997. Exports amounted to RM70.34 billion, contracted marginally by 2% compared to RM71.79 billion recorded in February 2017. Imports decreased by 2.8% to RM61.32 billion. The contraction in both exports and imports was mainly due to seasonal shorter working days during the Lunar festival.
Total trade in February 2018 amounted to RM131.67 billion, decreased by 2.4% compared to February 2017. Lower trade were registered with ASEAN, Japan, Saudi Arabia, the United Arab Emirates (UAE) and Australia. Expansion in trade however were seen with major trading partners, namely Hong Kong SAR, the European Union (EU), China, the Republic of Korea (ROK) and Taiwan.
On a month-on-month (m-o-m) basis, exports, imports and total trade declined by 15.1%, 16.2% and 15.6%, respectively.
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Trade Performance : February 2018 and January - February 2018
