Trade Resources Economy General Situation of Malaysia's Trade in October of 2015

General Situation of Malaysia's Trade in October of 2015

In 2015, from January to October, Malaysia’s imports & exports volume was USD 316.96 billion, down 14.8% by year according to Malaysia's bureau of statistics. The exports volume was USD 168.32 billion, down 14.0% and imports volume was USD 148.64 billion, down 15.8%. The trade surplus was USD 19.68 billion, up 2%.

In October, Malaysia’s imports & exports value was USD 32.77 billion, down 17% by year. Exports value was USD 17.81 billion, down 10.4% and imports value was USD 14.96 billion, down 23.5%. The trade surplus was USD 2.85 billion, up 612.2%.

From January to October, Imports & exports value between Malaysia and China was USD 49.48 billion, down 5.5%. Malaysia’s exports value was USD 21.77 billion, down 5.8%. It accounted for 12.9% of Malaysia’s total exports, up 1.1%. Malaysia’s imports from China reached USD 27.71 billion, down 5.2%. It accounted for 18.6% of total imports, up 2.0%.

Malaysia’s trade deficit with China was USD 5.94 billion from January to October, down 2.6%.

Up to October, China has become the second largest market only after Singapore for Malaysia’s exports and the largest import source for Malaysia.

Source: www.made-in-China.com
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