Friday, November 4, 2011

September exports up 16.6% to RM58.68b

KUALA LUMPUR (Nov 4): Malaysia's exports in September hit RM58.68 billion, up 16.6% from a year ago, according the Minister of International Trade and Industry (MITI).

Its minister, Datuk Seri Mustapa Mohamed said on Friday imports rose 12.9% to RM49.05 billion. 'Total trade rose by 14.9% to RM107.73 billion with a trade surplus of RM9.63 billion in September 2011,' he said.

From January to September, total trade expanded by 8.6% to RM937.97 billion from a year ago. Exports increased 8.3% to RM513.59 billion while imports rose by 8.9% to RM424.37 billion, resulting in a trade surplus of RM89.22 billion.

Mustapa said from manufacturing to commodities, almost all major sectors recorded increases in exports in September. Total exports in September rose RM8.36 billion, of which 50% was from the manufactured exports.

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