KEY FACTS :
Total trade which was valued at RM147.9 billion grew RM19.3 billion or 15.0% from a year ago. However, it posted a decrease of RM6.7 billion or 4.3% when compared to the previous month. September’s trade surplus was RM8.6 billion and recorded an increase of RM890.5 million (+11.5%) from a year ago. However, compared to the previous month, it declined 14.0% or RM1.5 billion.
On a y-o-y basis, exports increased 14.8% from RM68.2 billion. The main products which contributed to the increase were:
However, the following products recorded decreases:
On a m-o-m basis, exports dropped RM4.0 billion (-4.9%) from RM82.3 billion. The main products which contributed to the decrease were:
Seasonally Adjusted Figure
On a m-o-m basis seasonally adjusted terms, exports declined RM5.0 billion (-6.2%) to RM75.3 billion.
These goods which constituted 56.7% of total imports expanded RM4.7 billion (+13.7%) to RM39.5 billion. The growth was mainly attributed to parts & accessories of capital goods (except transport equipment) (+RM2.9 billion, +22.9%), industrial supplies, processed (+RM1.1 billion, +8.1%) and fuel & lubricants, processed, others (+RM579.8 million, +42.5%).
Imports of these goods which represented 13.3% of total imports increased RM871.3 million or 10.4% to RM9.3 billion due to the increase in capital goods (except transport equipment) (+RM1.0 billion, +14.3%). However, imports of transport equipment, industrial decreased RM148.4 million or 12.0%.
Imports of consumption goods which accounted for 8.2% of total imports grew RM302.0 million (+5.6%) to RM5.7 billion. The main components attributing to the rise were food & beverages, processed, mainly for household consumption (+RM219.6 million, +16.5%), non-durables (+RM73.2 million, +5.2%) and semi-durables (+RM58.9 million, +5.1%).
Intermediate goods dropped RM3.6 billion (-8.4%) from RM43.2 billion. The main components which registered significant decreases were parts & accessories of capital goods (except transport equipment) (-RM2.8 billion, -15.5%), industrial supplies, processed (-RM597.6 million, -3.9%) and food & beverages, processed, mainly for industries (-RM463.8 million, -38.4%).
Imports of consumption goods declined RM517.7 million (-8.3%) from RM6.2 billion. The decrease was attributed to food & beverages, processed, mainly for household consumption (-RM140.6 million, -8.3%), durables (-RM129.0 million, -16.5%), and semi-durables (-RM105.6 million, -8.0%).
Imports of capital goods increased RM250.9 million or 2.8% from RM9.0 billion due to the growth in transport equipment, industrial (+RM685.0 million, +172.0%). However, imports of capital goods (except transport equipment) decreased RM434.1 million or 5.0%.
Seasonally Adjusted Figure
On a m-o-m basis seasonally adjusted terms, imports declined RM2.7 billion (-4.0%) to RM68.4 billion.
The following charts show Malaysia's major trading partners for January - September 2017
Total Trade by Major Countries, Jan - Sep 2017, percentage share
Exports and Imports by Major Countries, Jan - Sep 2017, percentage share
The following charts show Malaysia’s trade with ASEAN countries for January - September 2017
Exports, Jan - Sep 2017, percentage share
Imports, Jan - Sep 2017, percentage share
# The September 2017 data is provisional and subject to revision in later issues.
THE OFFICE OF CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
03 NOVEMBER 2017
Ho Mei Kei
Public Relation Officer
Corporate and User Services Division
Department of Statistics, Malaysia
Tel : +603-8885 7942
Fax : +603-8888 9248
Email : mkho[at]stats.gov.my