Total trade which was valued at RM159.5 billion increased RM4.1 billion or 2.6% in April 2019. It is also posted a growth of RM5.8 billion or 3.8% when compared to the previous month. The trade surplus shrank RM2.2 billion (-16.6%) from a year ago and RM3.5 billion (-24.5%) from the previous month respectively to RM10.9 billion.
On a y-o-y basis, exports increased 1.1% to RM85.2 billion. The main products which attributed to the expansion were:
However, decreases were recorded for the following products:
On a m-o-m basis, exports rose RM1.1 billion (+1.4%) from RM84.1 billion. The main products which contributed to the growth were:
However, the following products recorded decreases:
Exports to Country of Destination
The two major destinations for Malaysia’s exports in April 2019 were Singapore and China. Exports to Singapore amounted to RM12.2 billion, an increase of RM1.2 billion (+11.3%) as compared to the previous year.
The main products which attributed to the rise were:
Exports to China which were valued at RM11.5 billion declined RM857.1 million (-6.9%). The main product which attributed to the decrease was E&E products, which contributed 37.2% of total exports shrank RM892.7 million (-17.2%) to RM4.3 billion.
Seasonally Adjusted Figure
On a m-o-m basis seasonally adjusted terms, exports rose RM7.5 billion (+9.5%) to RM86.8 billion.
These goods which constituted 54.8% of total imports increased RM6.9 billion (+20.3%) to RM40.7 billion. The growth was mainly attributed to industrial supplies, processed (+RM3.5 billion, +25.4%), fuel & lubricants, primary (+RM1.5 billion, +60.5%) and parts & accessories of capital goods (except transport equipment) (+RM1.1 billion, +11.4%).
Imports of consumption goods which constituted for 8.9% of total imports grew RM1.1 billion (+18.9%) to RM6.6 billion. The growth was mainly attributed to non-durables (+RM377.7 million, +30.2%), food & beverages, processed, mainly for household consumption (+RM252.5 million, +16.0%) and durables (+RM210.1 million, +28.2%).
Imports of capital goods, which accounted for 11.9% of total imports, rose RM475.9 million (+5.7%) to RM8.9 billion due to the increase in capital goods (except transport equipment) (+RM904.9 million, +12.5%). However, transport equipment industrial decreased RM429.0 million or 36.6%.
These goods rose RM2.7 billion (+7.1%) from RM38.0 billion. The main components contributed to the increase were industrial supplies, processed (+RM2.6 billion, +17.8%) and fuel & lubricants primary (+RM614.5 million, +18.4%). However, parts & accessories of capital goods (except transport equipment) decreased RM1.0 billion or 8.6%.
Imports of these goods registered an increase of RM724.6 million (+12.3%)from RM5.9 billion. The increase was due to semi-durables (+RM274.8 million, +29.6%), durables (+RM141.1 million, +17.3%), non-durables(+RM120.9 million, +8.0%), and food & beverages, processed, mainly for household consumption (+RM112.6 million, +6.5%).
Imports of capital goods increased RM567.9 million (+6.8%) from RM8.3 billion due to the increase in capital goods (except transport equipment (+RM769.5 million, +10.5%). However, transport equipment, industrial decreased RM201.6 million or 21.3%.
Imports by Country of Origin
The two main sources of Malaysia’s import in April 2019 were China and the European Union. Imports from China which registered RM15.1 billion roseRM1.2 billion (+8.8%) when compared to April 2018.
The main products which attributed to the growth were:
Imports from the European Union increased RM70.6 million (+1.0%) to RM7.3 billion from a year ago. The main product which attributed to the increase was refined petroleum products (6.7% of total imports), grew RM433.5 million or 832.0% to RM485.6 million. However, import of E&E products declined RM120.6 million or 7.1% to RM1.6 billion.
Seasonally Adjusted Figure
On a m-o-m basis seasonally adjusted terms, imports increased RM7.8 billion (+11.3%) to RM77.1 billion.
The following charts show Malaysia's major trading partners for January - April 2019.
Total Trade by Major Countries, Jan – Apr 2019, percentage share
Exports and Imports by Major Countries, Jan – Apr 2019, percentage share
The following charts show Malaysia’s trade with ASEAN countries for January – April 2019.
Exports, Jan – Apr 2019, percentage share
Imports, Jan – Apr 2019, percentage share
1. The April 2019 data is provisional and subject to revision in later issues.
2. This report can be accessed through the web portal of the Department of Statistics, Malaysia (https://www.dosm.gov.my) under section: Latest Release.
DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
3 JUNE 2019
Public Relation Officer
Strategic Communication and International Division
Department of Statistics, Malaysia
Tel : +603-8885 7187 / 7942
Fax : +603-8888 9248
Email : jpbkkp[at]dosm.gov.my