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MALAYSIA EXTERNAL TRADE INDICES NOVEMBER 2014

 
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• MONTH-ON-MONTH COMPARISON: 

Exports

 
In November 2014, Malaysia’s export value recorded a decline of 2.0% to RM63.7 billion where the export volume index decreased 2.2% to 105.4 points. This was led by animal & vegetable oils & fats (-16.5%), mineral fuels (-14.0%) and chemicals (-3.5%).
 
In contrast, the export unit value index rose 0.1% to 136.7 points. This was mainly contributed by manufactured goods (+0.8%), machinery & transport equipment (+0.6%) and animal & vegetable oils & fats (+0.6%)
 
Seasonally adjusted figure
In seasonally adjusted terms, the export volume index decreased 1.6% to 105.8 points.



Imports
 
In November 2014, Malaysia’s total import value registered a reduction of 17.7% to   RM52.6 billion where the import volume index dropped 17.9% to 113.4 points. This was mainly attributed to mineral fuels (-35.5%), inedible crude materials (-25.6%) and machinery & transport equipment (-19.0%).
 
In contrast, the import unit value index rose 0.2% to 130.4 points which was led by machinery & transport equipment (+1.6%) and inedible crude materials (+1.6%).
 

 
Seasonally adjusted figure
In seasonally adjusted terms, the import volume index in November 2014 decreased 10.3% to 118.7 points.
 
 

• YEAR-ON-YEAR COMPARISON: 

Exports

Malaysia’s export value increased 2.1% from RM62.4 billion where the export volume index increased 3.4% from 101.9 points, year-on-year basis. The increase was mainly due to chemicals (+10.6%), miscellaneous manufactured articles (+8.8%) and mineral fuels (+5.6%).

In contrast, the export unit value index registered a decrease of 1.0% from 138.0 points which was led by inedible crude materials (-10.1%), mineral fuels (-7.7%) and animal & vegetable oils & fats (-3.2%). 

Imports
 
In November 2014, the import value posted an expansion of 0.1% from RM52.5 billion where the import volume index increased 0.6% from 112.7 points. The increase was mainly due to manufactured goods (+9.6%), mineral fuels (+9.4%), chemicals (+5.7%) and miscellaneous manufactured articles (+3.7%)
 
Meanwhile, the import unit value index decreased 0.5% from 131.0 points. This was contributed by mineral fuels (-12.5%), inedible crude materials (-1.5%) and animal & vegetable oils & fats (-0.5%). However, increases were recorded by all the other categories.


• TERMS OF TRADE 
In November 2014, Malaysia’s terms of trade decreased marginally by 0.04% to 104.9 points when compared with October 2014. The decrease was mainly registered in inedible crude materials (-3.6%) and machinery & transport equipment (-1.0%).
 
On a year-on-year basis, Malaysia’s terms of trade registered a reduction of 0.7% from 105.6 points. The reduction was mainly recorded in inedible crude materials (-8.7%), followed by animal & vegetable oils & fats (-2.7%) and manufactured goods (-1.5%).
 
 

 

*Notes:
  1. Data for November 2014 is provisional. The data wil be updated based on the latest available figures and subsequently published in the December 2014 publication.

Released By:

THE OFFICE OF CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
#myHariBulan# #myBulan# #myTahun#

Contact person:

Norrita binti Amran
Public Relation Officer
Corporate and User Services Division
Department of Statistics, Malaysia
Tel : +603-8885 7942
Fax : +603-8888 9248 
Email : norrita.amran@stats.gov.my

Contact person:
Baharudin Mohamad
Public Relation Officer
Strategic Communication and International Division
Department of Statistics Malaysia
Tel : +603-8090 4681
Fax : +603-8888 9248
Email : baharudin[at]dosm.gov.my
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