Malaysian exports and trade surplus increase

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Malaysian exports and trade surplus increaseFor the 161st month in a row, Malaysia’s exports and trade surplus has continued to grow in March.  Exports hit a record high of RM64.06 billion, which is about 7.8% of last March’s tally, and the trade surplus registered at RM13.52. Minister of International Trade and Industry Datuk Seri Mustapa Mohamed made the announcements May 6th.

MITI also showed how exports have risen 3.5% in the first quarter of 2011 compared to the last quarter of 2010.  The increase can be attributed to “higher exports of electrical and electronic (E&E) products, refined petroleum products, palm oil, crude rubber as well as chemicals and chemical products.” Overall trade increased by 9.6%.

 

 

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For the 161st month in a row, Malaysia’s exports and trade surplus has continued to grow in March.  Exports hit a record high of RM64.06 billion, which is about 7.8% of last March’s tally, and the trade surplus registered at RM13.52. Minister of International Trade and Industry Datuk Seri Mustapa Mohamed made the announcements May 6th. MITI also showed how exports have risen 3.5% in the first quarter of 2011 compared to the last quarter of 2010.  The increase can be attributed to “higher exports of electrical and electronic (E&E) products, refined petroleum products, palm oil, crude rubber as well...

Malaysian exports and trade surplus increaseFor the 161st month in a row, Malaysia’s exports and trade surplus has continued to grow in March.  Exports hit a record high of RM64.06 billion, which is about 7.8% of last March’s tally, and the trade surplus registered at RM13.52. Minister of International Trade and Industry Datuk Seri Mustapa Mohamed made the announcements May 6th.

MITI also showed how exports have risen 3.5% in the first quarter of 2011 compared to the last quarter of 2010.  The increase can be attributed to “higher exports of electrical and electronic (E&E) products, refined petroleum products, palm oil, crude rubber as well as chemicals and chemical products.” Overall trade increased by 9.6%.

 

 

Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

 

 

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