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

Courtesy: Sympatex Technologies

Textiles | On 23rd Feb 2018

Sympatex, Ricosta jointly move towards sustainability

Sympatex Technologies is moving towards sustainability with its...

Courtesy: Business wire

Information Technology | On 23rd Feb 2018

CLO Virtual Fashion launches CLO 4.0 & new website

CLO Virtual Fashion, a leading developer of cutting-edge 3D garment...

Courtesy: Delta Galil

Apparel/Garments | On 23rd Feb 2018

Delta Galil 2017 sales up 16% to $1,368.1 million

Delta Galil sales for full year 2017 increased 16 per cent to...

Interviews View All

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Yash P. Kotak
Bombay Hemp Company

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

Judy Frater
Somaiya Kala Vidya

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

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 2018

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
70.6%
No
12.7%
Skip
16.7%

Total Votes: 102

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.7%
No
29.4%
Skip
6.9%

Total Votes: 102

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
88.2%
No
8.8%
Skip
2.9%

Total Votes: 102

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
83.3%
No
7.8%
Skip
8.8%

Total Votes: 102


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search