Trade Performance 2018
Trade Performance : July 2018 and January - July 2018
July Exports- A New Record High at RM86.12 Billion
Malaysia’s total trade in July 2018 rose 9.8% from a year earlier to reach a value of RM163.95 billion. The expansion was supported mainly by higher trade with China, Hong Kong SAR, Taiwan, ASEAN, India and Saudi Arabia.
Malaysia’s exports in July 2018 registered a new high of RM86.12 billion, increasing by 9.4% year-on-year (y-o-y). Imports also recorded the highest monthly value, expanding by 10.3% to RM77.83 billion. Trade surplus rebounded by 1.7% to RM8.3 billion after a y-o-y decline of 41.1% in June 2018. This was the 249th consecutive month of trade surplus since November 1997.
On a month-on-month (m-o-m) basis, total trade, exports, imports and trade surplus grew by 8.4%, 9.6%, 7.2% and 38.3%, respectively.
For the first 7 months of 2018, total trade expanded by 6.1% to RM1.069 trillion compared to the same period in 2017. Exports accelerated by 7.3% to RM568.72 billion while imports grew at a slower pace of 4.8% to RM499.91 billion. Trade surplus for this period surged by 29.7% to RM68.81 billion compared to the same period last year.
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Trade Performance : June 2018 and January - June 2018
June Exports Rose by 7.6%
Malaysia’s total trade in June 2018 grew by 11% from June 2017 to reach a value of RM151.27 billion. Expansion was supported mainly by higher trade with China, ASEAN, Hong Kong SAR, Taiwan, the Republic of Korea (ROK), the European Union (EU), Saudi Arabia and United Arab Emirates (UAE).
Exports expanded by 7.6% year-on-year (y-o-y) to RM78.66 billion, sustaining the positive momentum for 4 straight months, while imports rose by 14.9% to RM72.61 billion. Trade surplus was recorded at RM6.04 billion. This was the 248th consecutive month of trade surplus since November 1997.
On a month-on-month (m-o-m) basis, total trade, exports, imports and trade surplus contracted by 3.1%, 4.2%, 1.9% and 25.5%, respectively.
Total trade in the second quarter of 2018 (Q2 2018) amounted to RM462.84 billion, an expansion of 8% from Q2 2017. Total exports in the quarter reached RM245.01 billion, 8.2% higher compared to the same period last year and imports increased by 7.7% to RM217.83 billion. Trade surplus in Q2 2018 was recorded at RM27.18 billion, a 12.9% increase from RM24.07 billion registered in Q2 2017.
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Trade Performance : June 2018 and January - June 2018
Trade Performance : April 2018 and January - April 2018
Exports Continued to Grow at a Robust Pace in April
Malaysia’s exports in April 2018 registered a robust growth of 14% year-on-year (y-o-y) to RM84.24 billion. This is the second highest monthly exports value after the previous months’ exports of RM84.47 billion. The expansion was supported mainly by higher exports to Hong Kong SAR, ASEAN, China, the European Union (EU), Taiwan, Bangladesh and the Republic of Korea (ROK).
Imports expanded by 9.1% y-o-y to RM71.17 billion. Total trade rebounded by 11.7% y-o-y to RM155.42 billion from a decline of 3.5% in March. Trade surplus was recorded at RM13.07 billion, the 246th consecutive month of trade surplus since November 1997.
On a month-on-month (m-o-m) basis, imports and total trade grew by 2% and 0.8%, while exports and trade surplus contracted by 0.3% and 11%, respectively.
Total trade for the first four months of 2018 amounted to RM597.3 billion, rose by 4.9% compared to the same period of 2017. Exports increased by 7.8% to RM321.87 billion while imports were higher by 1.6% to RM275.43 billion. Trade surplus surged by 68.7% to RM46.44 billion compared to the corresponding period of 2017.
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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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Trade Performance : March 2018 and January - March 2018
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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