Malaysia's total trade up 4.2 percent in September
Malaysia's total trade in September expanded by 4.2 percent to
117.89 billion RM (more than 37 billion USD) compared to the same month
last year, according to the International Trade and Industry Ministry
(MITI).
Malaysia's total trade in September expanded by 4.2 percent to
117.89 billion RM (more than 37 billion USD) compared to the same month
last year, according to the International Trade and Industry Ministry
(MITI).
In a statement on November 8, MITI said the increase in total trade was contributed mainly by higher trade with China by 591.28 million USD, ASEAN by 581.85 million USD, Germany by 180.46 million USD, and the US by 161.96 million USD.
Exports for the month under review reached 19.87 billion USD, up 5.6 percent as compared to the same period last year and increased by 0.6 percent from August 2013. This is the fourth consecutive month of positive growth since last June.
Exports to ASEAN rose by 6.3 percent to 5.44 billion USD, accounting for 27.4 percent of Malaysia's total exports in September 2013, contributed mainly by higher exports of electrical and electronic (E&E) products; crude petroleum; machinery, appliances and parts; manufactures of metal; and chemicals and chemical products.
Exports to Singapore decreased by 6.2 percent to almost 2.6 billion USD. However, exports to Thailand increased by 18.3 percent to 1.17 billion USD, followed by Indonesia (800.7 million USD) and Vietnam (almost 452 million USD), the ministry said.
Exports to the European Union were higher by 15.5 percent to 1.86 billion USD, including 615.48 million USD to the Netherlands and 467.68 million USD to Germany.
The ministry said total imports in September increased by 2.8 percent to 17.14 billion USD compared to September last year, with imports of intermediate goods up 2.2 percent and that of consumption goods gained 6.6 percent.
The country's major importers were China, Singapore, Japan, the US and Thailand.
Total exports in the third quarter were valued at 58.69 billion USD, expanding by 7.6 percent compared to the same quarter last year, while imports increased by 7.5 percent to 52.84 billion USD.
Malaysia 's total trade from January to September gained 320 billion USD, increased by 2.4 percent as compared to the same period in 2012. China, Singapore and European Union were top trading partners of Malaysia in the first nine months of this year.-VNA
In a statement on November 8, MITI said the increase in total trade was contributed mainly by higher trade with China by 591.28 million USD, ASEAN by 581.85 million USD, Germany by 180.46 million USD, and the US by 161.96 million USD.
Exports for the month under review reached 19.87 billion USD, up 5.6 percent as compared to the same period last year and increased by 0.6 percent from August 2013. This is the fourth consecutive month of positive growth since last June.
Exports to ASEAN rose by 6.3 percent to 5.44 billion USD, accounting for 27.4 percent of Malaysia's total exports in September 2013, contributed mainly by higher exports of electrical and electronic (E&E) products; crude petroleum; machinery, appliances and parts; manufactures of metal; and chemicals and chemical products.
Exports to Singapore decreased by 6.2 percent to almost 2.6 billion USD. However, exports to Thailand increased by 18.3 percent to 1.17 billion USD, followed by Indonesia (800.7 million USD) and Vietnam (almost 452 million USD), the ministry said.
Exports to the European Union were higher by 15.5 percent to 1.86 billion USD, including 615.48 million USD to the Netherlands and 467.68 million USD to Germany.
The ministry said total imports in September increased by 2.8 percent to 17.14 billion USD compared to September last year, with imports of intermediate goods up 2.2 percent and that of consumption goods gained 6.6 percent.
The country's major importers were China, Singapore, Japan, the US and Thailand.
Total exports in the third quarter were valued at 58.69 billion USD, expanding by 7.6 percent compared to the same quarter last year, while imports increased by 7.5 percent to 52.84 billion USD.
Malaysia 's total trade from January to September gained 320 billion USD, increased by 2.4 percent as compared to the same period in 2012. China, Singapore and European Union were top trading partners of Malaysia in the first nine months of this year.-VNA
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