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Strong trade performance records in Q3

06 Nov '07
1 min read

Malaysia's trade surplus surged by 29.9% to RM11.45 billion in September 2007, compared with RM8.81 billion in August 2007. September's trade surplus was the 119th consecutive month of trade surplus since November 1997.

Total exports in September 2007 were RM53.69 billion while imports were RM42.24 billion resulting in total trade of RM95.93 billion. Exports rose 1.1% while imports declined 1.5% from a year ago. Compared with August 2007, exports declined marginally by 0.3%. Imports in September were lower by 6.2%.

Strong trade performance was recorded in the third quarter of 2007. Exports grew 9% from the second quarter to RM158.06 billion and imports rose 6.1% to RM129.83 billion, the highest quarterly growth in 2007.

Total trade during the first nine months of 2007 was RM810.47 billion, an increase of 1.8% from the corresponding period of 2006. During the same period, exports grew by 1% to RM441.19 billion, while imports expanded by 2.9% to RM369.27 billion, resulting in a trade surplus of RM71.92 billion.

Ministry of International Trade and Industry

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