Malaysia’s April 2016 exports rose 1.6% to RM61.3bil from a year ago, which was a disappointment when compared with a survey of a 2% increase.
The Statistics Department said on the country’s imports fell 2.3% , or RM1.2bil to RM52.3bil from RM53.5bil a year ago, which was below economists’ expectations of a 0.1% increase.
Total trade in April 2016 valued at RM113.6bil decreased RM258.8mil or 0.2% from the year before. It also posted a drop of 6.8% or RM8.3bil, month-on-month.
On a year-on-year (yoy) basis, the trade surplus increased 31.9% or RM2.2bil to RM9.1bil. However, on a month-on-month basis it declined 19.1% from RM11.2bil.
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The Statistics Department said on the country’s imports fell 2.3% , or RM1.2bil to RM52.3bil from RM53.5bil a year ago, which was below economists’ expectations of a 0.1% increase.
Total trade in April 2016 valued at RM113.6bil decreased RM258.8mil or 0.2% from the year before. It also posted a drop of 6.8% or RM8.3bil, month-on-month.
On a year-on-year (yoy) basis, the trade surplus increased 31.9% or RM2.2bil to RM9.1bil. However, on a month-on-month basis it declined 19.1% from RM11.2bil.
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