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Overall trade in April shows sliding trend

12
Jun '07
Statistics show that while Malaysia's imports in March 2007 reached 49.0 RM billion, by April they fell to 46.1 RM billion, representing a drop of over 0.5 percent.

Secondly, the exports for the same year also slowed down, dipping around 0.5 percent. Balance of trade slid from 6.5 RM billion in March to 6.0 RM billion in April.

Thailand tops the list among Asean countries for both import as well as export, accounting for 23.6 and 21.1 percent respectively. Considering global trade, Japan ranked first among supplying countries at 12.8 percent. The US took the top spot as export market at 17.2 percent.

Imports and exports in April 2007 increased by 0.5 and 1.0 RM billion, respectively, as compared to the same period last year. Balance of trade fell 0.6 RM billion.

On the whole, we can say that overall trade in April reflected a downward trend.


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