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Malaysia's August exports grow 21.5% on strong global demand

KL is experiencing unprecedented growth, with total trade amounting to RM1.16 trillion as at end-August, says minister

Sat, Oct 07, 2017 - 5:50 AM

"Although we expect some slight deceleration at the end of the year partly because of the base effect, Malaysia is likely to record a total trade growth exceeding 10 per cent, given the strong performance in the first eight months." - Trade Minister Mustapa Mohamed

Kuala Lumpur

MALAYSIA'S exports expanded by slightly over a fifth or 21.5 per cent to RM82.23 billion (S$26.5 billion) in the month of August on the back of strong global demand for its manufactured goods, particularly electrical & electronic products and commodities.

Imports...