Exports
On a m-o-m basis, in July 2016, the export unit value index decreased 0.5% to103.3 points. This was mainly attributed to animal & vegetable oils & fats (-5.4%) and machinery & transport equipment (-1.0%). On the same trend, the export volume index also decreased 9.5% to 108.9 points which was led by manufactured goods (-22.4%), mineral fuels (-10.7%) and machinery & transport equipment (-10.3%). In seasonally adjusted terms, the export volume index decreased 9.6%.
When compared to the previous year, the export unit value index and export volume index registered a decrease of 3.6% and 2.0% respectively.
Imports
In July 2016, the import unit value index increased 0.5% to 108.4 points. The increase was attributed to mineral fuels (+8.7%), food (+0.6%) and manufactured goods (+0.4%). Meanwhile, the import volume index decreased 5.3% to 121.4 points. This contraction was led by mineral fuels (-25.0%), miscellaneous manufactured articles (-18.4%) and chemicals (-12.8%). In seasonally adjusted terms, the import volume index registered a decrease of 10.7%
On a-year-on-year basis, the import unit value index registered an increase of 0.3%, whereas the import volume index registered a decrease of 5.1%.
Terms of trade
In July 2016, Malaysia’s terms of trade decreased 1.0% to 95.2 points when compared with the preceding month, while a reduction of 3.9% was recorded year-on-year.
For more details, please refer to the Department’s portal: www.statistics.gov.my
| *Notes:
The July 2016 data is provisional and subject to revision in later issues. |
Released By:
THE OFFICE OF CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
7 SEPTEMBER 2016
Contact person:
Ho Mei Kei
Public Relation Officer
Corporate and User Services Division
Department of Statistics, Malaysia
Tel : +603-8885 7942
Fax : +603-8888 9248
Email : mkho[at]stats.gov.my
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