Malaysia’s exports rise 45.4% in June, below forecast
Malaysia had a trade surplus of RM14.9 billion (US$3.65 billion) in June
[KUALA LUMPUR] Malaysia’s exports jumped 45.4 per cent in June, government data showed on Monday (Jul 20), falling short of expectations.
June’s exports were forecast to rise 52.9 per cent in a Reuters poll of economists.
Imports in June grew 43.9 per cent from a year earlier, data from the trade ministry showed. Analysts were expecting a 24.4 per cent increase.
Malaysia recorded a trade surplus of RM14.9 billion (US$3.65 billion) in June, compared to the poll estimate of RM42.4 billion. REUTERS
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
Despite the de-dollarisation debate, demand for dollar liquidity in Asia is growing
He built the Vingroup empire. Now South-east Asia’s richest man is handing some key roles to his sons
Malaysian developer Eco World tops bids for Sin Ming area housing plot with S$1,612 psf ppr offer
As China trust-tax deadline looms, wealthy clients explore options across Asia
