August exports hit nearly RM96b, boost by E&E, petroleum


Exports were mainly robust external demand for petroleum products, electrical and electronic (E&E) products mainly due to higher shipments of semiconductors.

KUALA LUMPUR: Malaysia recorded strong trade performance in August from a year ago with exports growing by 18.4% to RM95.59bil, the 12th consecutive month of year-on-year (y-o-y) expansion since September 2020.

The Ministry of International Trade and Industry (MITI) said on Tuesday underpinning the exports were mainly robust external demand for petroleum products, electrical and electronic (E&E) products mainly due to higher shipments of semiconductors as well as chemicals and chemical products.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

trade , exports , imports , E&E , trade surplus

   

Next In Business News

Goldman Sachs profit surges as investment banking, trading fuel bumper quarter
JPMorgan earns biggest-ever annual profit as investment bankers ride rebound
MAHB takeover offer deadline extended to Jan 24
Southern Score Builders secures RM78mil detention pond project in KL
Petros and Sarawak commit to collaborate with federal govt and PETRONAS for smooth execution
Ringgit advances against US dollar at the close
F&N well-capitalised to manage rising energy and wage costs, says CEO
AZRB appoints new CEO and COO
Exsim Hospitality's strategic collaboration in Ipoh
Uzma launches high-resolution earth observation satellite

Others Also Read