July's export performance further evidence of trade diversion — UOB

July's export performance further evidence of trade diversion — UOB

The Edge Markets - Malaysia·2019-09-04 23:58

KUALA LUMPUR (Sept 4): Malaysia’s exports in July 2019 are further evidence of trade diversion amid higher exports of electrical and electronics (E&E) products and pick-up in exports to the US and China, said United Overseas Bank (Malaysia) Bhd (UOB Malaysia).

Malaysia’s exports in July 2019 registered an increase of 1.7 percent to RM88 billion year-on-year (y-o-y).

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Economy

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