KUALA LUMPUR, March 6, 2009 — The country recorded RM8.83 billion in trade surplus in January, making it the 135th consecutive month of trade surplus since November 1997, but total volume declined by 29.7 per cent from a year ago. Total trade value for the month was RM67.77 billion. Exports in January 2009 were valued at RM38.3 billion, a drop of 27.8 per cent from January 2008, the Statistics Department said in a statement today. Total imports fell by 32 per cent to RM29.47 billion from a year ago. "Month-on-month, exports fell by 16.9 per cent from December 2008, while imports were lower by 14.7 per cent. The performance in January was in tandem with countries that have announced their January trade figures," it said.
Major export products were electrical and electronics products valued at RM13.74 billion or 35.9 per cent of total exports, liquefied natural gas (RM4.18 billion or 10.9 per cent of total exports), palm oil (RM2.77 billion or 7.2 per cent of total export), chemical and chemical products (RM2.12 billion or 5.5 per cent of total export) and crude petroleum (RM1.81 billion or 4.7 per cent of total export), it said.
Machinery, appliances and parts (RM1.35 billion or 3.5 per cent of total exports), refined petroleum products (RM1.16 billion or three per cent of total exports), wood products (RM1.02 billion or 2.7 per cent of total exports), transport equipment (RM1.01 billion or 2.6 per cent of total exports) and metal (RM948.4 million or 2.5 per cent exports).
Singapore, Japan, the United States, China and South Korea were the top five export destinations, accounting for 51.7 per cent of Malaysia's exports in January. Exports to Asean, valued at RM9.18 billion or 24 per cent of Malaysia's total exports in January 2009, fell by 38.1 per cent from January 2008.
The lower volume was due to lower exports of electrical and electronic products, refined petroleum products, chemicals and chemical products, machinery appliances and parts, metal manufactures, crude petroleum and iron and steel products, said the department.
Total imports in January were down by 32 per cent to RM29.47 billion from last year. The three main import categories were intermediate goods valued at RM19.85 billion or 67.4 per cent of total imports, capital goods (RM4.83 billion or 16.4 per cent) and consumption goods (RM2.42 billion or 8.2 per cent of total imports).
Top 10 import sources were China, Japan, the United States, Singapore, Thailand, Germany, South Korea, Indonesia, Taiwan and Australia. Total imports from Asean amounted to RM6.67 billion or 23.3 per cent of Malaysia's total imports.
NOTE: SHOULD WE STILL KEEP OURSELVES BUSY DISCUSSING THE NEVER ENDING STUPID POLITICAL ISSUES??? AND THE POLITICIANS UP THERE, WHEN WILL YOU REALIZE YOUR REAL RESPONSIBILITY??? WAKE UP, STUPID!!!
Assalamualaikum,
ReplyDeleteSome of the Politicians are living true to what they "Politicians!"
Except for a few like DS Najib, Md Zin Din, Noh Omar..
The Oppositions are worse, they did nothing but instigate the rakyat to hate the government. The very thing they hope to be one day.