A port in Malaysia. (Source: greatermalaysia.com)Malaysia recorded a boost in both import and export in July, according to Malaysia’s Ministry of International Trade and Industry (MITI).
The exports earned 63.23 billion RM (15 billion USD), up 3.5 percent against the same period while the imports reached 60.85 billion RM, up 5.9 percent.
The Malaysia’s trade surplus was 2.38 billion RM.
According to MITI, China, the United States, Vietnam, Indonesia, Thailand, Japan and the European Union are Malaysia’s export markets that see increase.
Electric and electronic products and agriproducts are the communities with high growth.
MITI said in the first seven months of 2015, Malaysia’s trade value reached 819.06 RM (nearly 200 billion USD), in which exports account for 431.57 billion RM, down 2.2 percent and imports 387.49 billion RM, down 1.4 percent.
Malaysia’s trade value with member countries of the Association of Southeast Asian Nations stood at 222.35 billion RM, a decrease of two percent.-VNA
