Malaysia's total trade expands by 25.6% to RM185.7b in March 2021 - News Summed Up

Malaysia's total trade expands by 25.6% to RM185.7b in March 2021


KUALA LUMPUR (April 28): Malaysia’s trade performance continued its upward trajectory in March 2021, registering the highest monthly value for trade, exports, and imports. "[Hence] trade, exports, imports, and trade surplus recorded double-digit growth for two consecutive months," he said in a statement on the country’s external trade performance for March 2021. For the first quarter of 2021 (1Q21), total trade grew 14.8% to RM505.65 billion compared with the corresponding period last year. Compared with February 2021, total trade, exports, imports and trade surplus grew by 18.1%, 19.8%, 15.9% and 35.1%, respectively. Comparing 1Q21 with 4Q20, total trade, exports and imports recorded an increase of 4.7%, 3.9% and 5.6%, respectively.


Source: The Edge Markets April 28, 2021 05:37 UTC



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