September exports up 13.6% to RM88.9b, exceed forecast


Exports of manufactured goods in September 2020 which made up 87.7% of total exports picked up by 16.3% y-o-y to RM77.99bil.

KUALA LUMPUR: Malaysia’s exports in September expanded by a stronger pace of 13.6% to RM88.93bil, far exceeding a Bloomberg survey of a 1.7% increase, as shipments of manufactured products jumped.

The Ministry of International Trade and Industry (MITI) said in a statement on Wednesday the September exports were the highest export value ever recorded for the month of September. On a month-on-month basis, exports rose 12.4% from August’s RM79.13bil.

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