Trade surplus rises in September
The country's trade surplus rose in September to RM4.8 billion from RM4.5 billion in August, the Statistics Department said, with imports falling more than exports.
In September, exports declined to RM31.3 billion from RM31.4 billion a month earlier while imports fell to RM26.5 billion from RM26.9 billion previously, it added.
The department said September was 59th consecutive month the trade account remained in surplus.
It said exports of electrical and electronics products totaled RM17.5 billion and contributed 55.9 percent of total exports in September.
Southeast Asia, the United States, the European Union, Japan, Hong Kong and China were top export markets during the month, collectively contributing 81.3 percent to Malaysia's total exports.
September imports declined following a 5.4 percent decrease in intermediate goods imports to RM18.5 billion and a 7.1 percent fall in consumption goods to RM1.6 billion. Intermediate goods account for 69.8 percent of total imports.
The country's trade surplus rose in September to RM4.8 billion from RM4.5 billion in August, the Statistics Department said, with imports falling more than exports.
In September, exports declined to RM31.3 billion from RM31.4 billion a month earlier while imports fell to RM26.5 billion from RM26.9 billion previously, it added.
The department said September was 59th consecutive month the trade account remained in surplus.
It said exports of electrical and electronics products totaled RM17.5 billion and contributed 55.9 percent of total exports in September.
Southeast Asia, the United States, the European Union, Japan, Hong Kong and China were top export markets during the month, collectively contributing 81.3 percent to Malaysia's total exports.
September imports declined following a 5.4 percent decrease in intermediate goods imports to RM18.5 billion and a 7.1 percent fall in consumption goods to RM1.6 billion. Intermediate goods account for 69.8 percent of total imports.
Rising surplus
Imports of capital goods however rose 24.3 percent to RM4.5 billion.
In the third quarter to September, the trade surplus rose 35.1 percent to RM13.4 billion with exports rising 7.3 percent to RM93.7 billion and imports increasing 3.8 percent to RM80.3 billion.
Malaysia posted a RM9.9 billion surplus in the second quarter, with exports of RM87.3 billion and imports of RM77.4 billion.
For the nine months to September, Malaysia registered a trade surplus of RM36.1 billion with total exports of RM262.9 billion and imports of RM226.8 billion. AFP
