Malaysia’s Sept exports fall 13.7% on-year, slower than forecast

MALAYSIA’S exports fell 13.7 per cent in September, slower than expected, government data showed on Thursday.

September’s exports had been expected to decline 16.5 per cent, according to 17 economists surveyed by Reuters.

Imports in September fell 11.1 per cent from a year earlier, data from the trade ministry showed. Analysts were expecting a 12.2 per cent decline.

Malaysia recorded a trade surplus of RM24.52 billion (S$7 billion) in September. REUTERS