Miti: Malaysia’s trade with Asean, major market Japan increased in Feb | Malay Mail

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Miti: Malaysia’s trade with Asean, major market Japan increased in Feb | Malay Mail
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KUALA LUMPUR, April 3 — Malaysia experienced double digit year-on-year (y-o-y) growth in February with nearly all its trading partners in Asean as well as major trading partner Japan. In a press statement today, the International Trading and Industries Ministry (Miti) reported that trade with...

Friday, 03 Apr 2020 04:07 PM MYTFile picture shows a container ship being anchored at North Port in Port Klang outside Kuala Lumpur January 8, 2009. — Reuters pic

“Exports to Asean valued at RM21.47 billion, surged by 14.6 per cent, the fastest growth since November 2018. On the other hand, trade decreased with Thailand and Cambodia which went down by 12.3 per cent and 41.8 per cent y-o-y respectively. From a y-o-y basis, significant export increases were recorded to Singapore, which expanded by RM2.05 billion due to higher exports of petroleum products, Indonesia and the Philippines .

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