Malaysia August exports down 0.8% to RM81.4b

Malaysia August exports down 0.8% to RM81.4b

The Edge Markets - Malaysia·2019-10-04 12:22

KUALA LUMPUR (Oct 4): Malaysia's August exports registered a 0.8% year-on-year (y-o-y) decrease to RM81.4 billion, while imports fell 12.5%.

The Department of Statistics Malaysia stated that the decline in exports was due to lower exports to Hong Kong (-RM911.5 million), Singapore (-RM844.9 million), Australia (-RM818.1 million), Taiwan (-RM690.2 million) and Thailand (-RM382.1 million).

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