Nov 2005 exports reach RM43.48bln

28 Jan '06

2 min read

Exports in November 2005, valued at RM43.48 billion remained strong and were the highest ever recorded for the month of November, according to the figures put up by Malaysian Statistical Bureau.

It was however lower by 12.5 percent compared with RM49.72 billion in October 2005, the highest monthly export registered for the year.

Lower exports in November 2005, was mainly caused by reduced number of working days due to festivities. This was also reflected in lower imports in November 2005.

Imports were valued at RM34.80 billion compared with RM39.20 billion in October 2005.

A trade surplus of RM8.69 billion was recorded in November 2005, the 97th consecutive month of monthly trade surpluses since November 1997.

The continued strong export performance in November 2005 pushed exports for the period January to November 2005 to reach RM484.37 billion, surpassing the full year exports of RM480.74 billion in 2004.

During January 2004 the articles of apparel and clothing accessories stood at RM 8840 million. In the January-November 2004 it reached RM8045 million against RM8484 million in 2005, same period.

Exports to the USA in November 2005 amounted to RM7.95 billion or 18.3 percent of Malaysia's total exports, compared with RM9.71 billion in October 2005.

Lower exports were registered mainly for electronic and electrical products, optical and scientific equipment, crude petroleum and textiles and clothing.

These are provisional figures as per MITI.

Click to visit MITI website for more information.

Malaysian Ministry of Trade & Industry

More Textiles News - Malaysia...