Malaysia’s September merchandise exports rose 54.5% from a year earlier to 215.1 billion ringgit. Imports also expanded strongly, while the trade surplus widened to 33.7 billion ringgit. Domestic exports and re-exports both grew. After seasonal adjustment, exports increased 10.0% from August and imports 11.9%. The cumulative trade surplus over the first nine months also increased.
Malaysia’s merchandise exports rose 54.5% from a year earlier to 215.1 billion ringgit in September.[1], [2]
Imports increased 52.7% to 181.4 billion ringgit. The Department of Statistics Malaysia’s October 19 release put total trade at 396.5 billion ringgit, a 53.7% annual rise. The surplus widened to 33.7 billion ringgit, from 20.5 billion a year earlier.[1]
Domestic exports reached 162.0 billion ringgit, accounting for 75.3% of total exports, and rose 54.7% annually. Re-exports increased 53.7% to 53.1 billion ringgit and represented the remaining 24.7%. Imports of intermediate goods rose 69.6%, capital goods 20.9% and consumption goods 18.2%. The increases cover different uses of imported products as well as the two components of exports.[1]
Over January–September, total trade rose 30.1% to approximately 2.9 trillion ringgit. Exports grew 34.0% and imports 25.7%, while the cumulative surplus increased 115.7% to 232.4 billion ringgit. Separately, seasonally adjusted exports rose 10.0% from August and imports 11.9%. These monthly adjusted changes differ from the unadjusted annual comparisons. The values measure merchandise trade in current money terms.[1]
