KEY FACTS :
Total trade in June 2017 which was valued at RM136.3 billion grew RM8.9 billion or 7.0% from a year ago. However, it posted a decrease of RM17.1 billion or 11.1% when compared to the previous month. In June 2017, a trade surplus of RM9.9 billion was recorded, where a similar increase of RM4.4 billion or 79.0% for both y-o-y and m-o-m was registered.
On a y-o-y basis, exports expanded 10.0% from RM66.4 billion. The main products which contributed to the increase were:
However, declines were recorded for the following products:
On a m-o-m basis, exports decreased RM6.3 billion (-8.0%) from RM79.4 billion. The main products which contributed to the decrease were:
However, the following product registered an increase:
Seasonally Adjusted Figure
On a m-o-m basis seasonally adjusted terms, exports declined RM7.6 billion (-9.2%) to RM75.1 billion.
These goods which constituted 60.5% of total imports increased RM3.6 billion (+10.3%) to RM38.2 billion. The growth was mainly attributed to parts & accessories of capital goods (except transport equipment) (+RM2.3 billion, +17.1%), industrial supplies, processed (+RM832.6 million, +6.2%), industrial supplies, primary (+RM360.9 million, +30.0%) and food & beverages, processed, mainly for industries (+RM204.1 million, +26.9%).
Imports of these goods which represented 13.0% of total imports grew RM45.7 million or 0.6% to RM8.2 billion due to the increase in transport equipment, industrial (+RM31.0 million, +3.5%) and capital goods (except transport equipment) (+RM14.8 million, +0.2%).
Imports of consumption goods which accounted for 8.9% of total imports declined RM310.3 million (-5.2%) to RM5.6 billion. The main components attributed to the decrease were semi-durables (-RM143.2 million, -10.3%), durables (-RM107.2 million, -13.0%) and food & beverages, primary, mainly for household consumption (-RM68.9 million, -8.4%).
Intermediate goods dropped RM4.1 billion (-9.6%) from RM42.3 billion. The main components which registered significant decreases were industrial supplies, processed (-RM1.8 billion, -11.2%), fuel & lubricants, processed, others (-RM1.3 billion, -46.3%), parts & accessories of transport equipment (-RM431.9 million, -16.1%) and parts & accessories of capital goods (except transport equipment) (-RM300.9 million, -1.9%).
Imports of capital goods declined RM1.7 billion or 16.8% from RM9.9 billion due to the decrease in capital goods (except transport equipment) (-RM1.4 billion, -15.7%) and transport equipment, industrial (-RM288.1 million, -24.1%).
Imports of consumption goods dropped RM1.0 billion (-15.6%) from RM6.7 billion. The decrease was attributed to food & beverages, processed, mainly for household consumption (-RM312.8 million, -18.2%), semi-durables (-RM292.5 million, -19.0%), food & beverages, primary, mainly for household consumption (-RM159.8 million, -17.5%) and non-durables (-RM158.3 million, -10.0%).
Seasonally Adjusted Figure
On a m-o-m basis seasonally adjusted terms, imports declined RM10.6 billion (-14.4%) to RM63.0 billion.
The following charts show Malaysia's major trading partners for January-June 2017
Total Trade by Major Countries, Jan- Jun 2017, percentage share
Exports and Imports by Major Countries, Jan- Jun 2017, percentage share
The following charts show Malaysia’s trade with ASEAN countries for January- June 2017
Exports, Jan- Jun 2017, percentage share
Imports, Jan- Jun 2017, percentage share
# The June 2017 data is provisional and subject to revision in later issues.
THE OFFICE OF CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
04 AUGUST 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