KEY FACTS :
TRADE
Total trade in July 2017 which was valued at RM149.2 billion increased RM31.2 billion or 26.4% from a year ago. It also posted an increase of RM12.9 billion or 9.5% on a m-o-m basis. A trade surplus of RM8.0 billion was recorded, an increase of RM5.9 billion or 282.4% when compared to the previous year. However, when compared to previous month, it recorded a decrease of RM1.9 billion or 18.8%.
On a y-o-y basis, exports expanded 30.9% (+RM18.6 billion) from RM60.1 billion. The main products which contributed to the increase were:
However, a decline was recorded for the following product:
On a m-o-m basis, exports increased RM5.5 billion (+7.6%) from RM73.1 billion. The main products which contributed to the increase were:
However, the following products registered a decline:
Seasonally Adjusted Figure
On a m-o-m basis seasonally adjusted terms, exports increased RM6.5 billion (+8.7%) to RM81.6 billion.
Exports, 2013-2017
On a y-o-y basis, imports increased 21.8% (+RM12.6 billion) from RM58.0 billion. The growth in imports was contributed by intermediate goods and consumption goods.
These goods which constituted 56.5% of total imports increased RM7.8 billion (+24.2%) to RM39.9 billion. The growth was mainly attributed to industrial supplies, processed (+RM3.7 billion, +29.9%) and parts & accessories of capital goods (except transport equipment) (+RM3.6 billion, +28.3%).
Imports of consumption goods which accounted for 8.5% of total imports rose RM1.1 billion (+21.8%) to RM6.0 billion. The main components attributed to the increase were food & beverages, processed, mainly for household consumption (+RM409.3 million, +34.7%), non-durables (+RM252.1 million, +20.4%) and semi-durables (+RM164.2 million, +15.2%).
Imports of these goods which represented 13.0% of total imports fell RM1.8 billion or 16.5% to RM9.2 billion due to the decrease in capital goods (except transport equipment) (-RM2.1 billion, -20.4%). However, imports of transport equipment, industrial recorded an increase of RM257.2 million or 31.4%.
On a m-o-m basis, imports increased 11.7% from RM63.2 billion. The rose was attributed to higher imports of intermediate goods, capital goods and consumption goods.
Intermediate goods registered a growth of RM1.7 billion (+4.4%) from RM38.2 billion. The main components which contributed to the increases were industrial supplies, processed (+RM1.6 billion, +11.0%) and parts & accessories of capital goods (except transport equipment) (+RM879.7 million, +5.7%). However, imports of fuel & lubricants, processed, others decreased RM832.7 million or 56.1%.
Imports of capital goods grew RM906.2 million or 11.0% from RM8.3 billion due to the increase in capital goods (except transport equipment) (+RM736.8 million, +10.0%) and transport equipment, industrial (+RM169.4 million, +18.7%).
Imports of consumption goods increased RM367.4 million (+6.5%) from RM5.6 billion. The rose was attributed to food & beverages, processed, mainly for household consumption (+RM181.6 million, +12.9%), food & beverages, primary, mainly for household consumption (+RM73.3 million, +9.7%) and non-durables (+RM71.6 million, +5.1%).
Seasonally Adjusted Figure
On a m-o-m basis seasonally adjusted terms, imports grew RM4.8 billion (+7.7%) to RM67.8 billion.
Imports, 2013-2017
MARKET SHARE
The following charts show Malaysia's major trading partners for January-July 2017
Total Trade by Major Countries, Jan- Jul 2017, percentage share
Exports and Imports by Major Countries, Jan- Jul 2017, percentage share
The following charts show Malaysia’s trade with ASEAN countries for January- July 2017
Exports, Jan- Jul 2017, percentage share
Imports, Jan- Jul 2017, percentage share
Imports%20ASEAN%20BI.png" style="height: 366px; width: 600px;" />
Notes:
# The July 2017 data is provisional and subject to revision in later issues.
Released By:
THE OFFICE OF CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
06 SEPTEMBER 2017
Contact person:
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