Home / Knowledge / News / Exports records a growth of 9.8% for first three months
Exports records a growth of 9.8% for first three months
12
May '08
In March 2008, Malaysia posted a trade surplus of RM8.0 billion as compared with RM6.5 billion in the corresponding month of 2007.

The current month's trade surplus expanded at RM1.5 billion (+22.3%) due to exports increased by RM2.6 billion (+5.3%) whilst imports rose RM1.1 billion (+2.6%). Total exports recorded an increase from RM49.0 billion in March 2007 to RM51.6 billion, while imports grew from RM42.5 billion to RM43.6 billion.

Imports of intermediate and capital goods, which constituted 85.6% of total imports, went up by 4.1% to RM37.3 billion.

January – March 2008:

Balance Of Trade:
For the first three months of the year 2008, Malaysia registered a trade surplus of RM26.8 billion as against RM21.1 billion in the same period a year earlier. Exports recorded a growth of 9.8% from RM138.1 billion to RM151.7 billion, while imports expanded by 6.7% from RM117.1 billion to RM124.9 billion as compared to the same period last year.

Exports:
Crude petroleum, ranked as the third largest export commodity and made up 7.0% of total exports, increased by 46.5% or RM3.4 billion to RM10.6 billion. The expansion was due to higher average export unit value of 45.9% or RM735.7 per tonne and export volume marginally increased by 20,000 tonnes (+0.4%).

Petroleum products, the fifth largest export commodity, which accounted for 4.5% of total exports, soared by 100.6% or RM3.4 billion to RM6.8 billion. Timber & timber-based products, the sixth largest export earner, which represented 3.5% of total exports, shed by 6.4% or RM359.8 million to RM5.2 billion.

Must ReadView All

Textiles | On 22nd Feb 2017

Bangladesh exporters want duty-free access to US, Brazil

Garment and apparel exporters of Bangladesh are seeking duty-free...

Textiles | On 22nd Feb 2017

India to produce 341 lakh bales cotton in 2016-17: CAI

The Cotton Association of India (CAI) has maintained in its January...

Textiles | On 22nd Feb 2017

'India to be self-sufficient in silk production by 2020'

Indian could be self-sufficient in silk production by the year 2020...

Interviews View All

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search