Jan 4, 2021
Malaysia’s exports in Nov 2020 increased by 4.3% to RM84.43 billion compared to the same month last year, registering three consecutive months of year-on-year (y-o-y) growth. The expansion was supported mainly by higher exports to the United States (US), Singapore, China and Hong Kong SAR.
Imports decreased by 9% to RM67.61 billion, while total trade contracted by 2% to RM152.04 billion. Trade surplus amounted to RM16.82 billion, surged by 151.6% and was the highest trade surplus thus far for the month of Nov.
#TradePerformance #Malaysia Ministry of International Trade and Industry, Malaysia