KUALA LUMPUR, Dec. 18 (Xinhua) -- Malaysia's exports increased for the second consecutive month, growing by 4.1 percent year on year to 126.57 billion ringgit (28.31 billion U. S. dollars) in November, official data showed Wednesday.

The increase in exports was supported by robust growth in key sectors, notably manufactured and agriculture goods, particularly electrical and electronic products, palm oil and palm oil-based agriculture products as well as machinery, equipment and parts, the Investment, Trade and Industry Ministry said in a statement.

Malaysia's trade in November expanded by 2.9 percent year on year to 237.85 billion ringgit. Its imports were 1.6 percent higher at 111.28 billion ringgit.

Its trade surplus rebounded by 26.3 percent to 15.29 billion ringgit, the highest value recorded in 14 months since October 2023.

From January to November, Malaysia's trade expanded by 8.7 percent year on year to 2.62 trillion ringgit.

Its exports increased by 4.7 percent to 1.37 trillion ringgit and imports rose 13.3 percent to 1.25 trillion ringgit, resulting in a trade surplus of 117.94 billion ringgit. (1 ringgit equals 0.22 U.S. dollars) Enditem

Related

Go to Forum >>0 Comment(s)