Overview
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- MONTH-ON-MONTH COMPARISON:
Exports
In October 2014, Malaysia’s export value recorded recorded a decrease of 3.1% to RM65.1 billion where the export volume index rose 0.4% to 107.8 points. The rise was mainly contributed by mineral fuels (+16.7%), chemicals (+7.0%) and manufactured goods (+3.0%).
Similarly, the export unit value index also rose 0.4% to 136.5 points. The rise was contributed by chemicals (+1.2%), followed by manufactured goods (+1.1%) and machinery & transport equipment (+0.9%).
Seasonally adjusted figure
In seasonally adjusted terms, the export volume index increased 0.1% to 107.5 points.
Imports
In October 2014, Malaysia’s total import value registered an increase of 9.1% to RM63.9 billion where the import volume index increased 15.9% to 138.1 points. This was led by mineral fuels (+43.2%), machinery & transport equipment (+18.5%) and miscellaneous manufactured articles (+7.5%).
In contrast, the import unit value index declined 0.1% to 130.1 points. This was mainly attributed to mineral fuels (-2.1%).
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Seasonally adjusted figure
In seasonally adjusted terms, the import volume index in October 2014 increased 3.7% to 132.3 points.
Exports
Malaysia’s export value decreased 3.1% from RM67.2 billion where the export volume index registered a decrease of 2.5% from 110.5 points which was led by inedible crude materials (-20.7%), manufactured goods (-10.0%) and machinery & transport equipment (-5.0%).
Similarly, the export unit value index also decreased 0.5% from 137.2 points, year-on-year basis. The decrease was mainly due to inedible crude materials (-9.9%), mineral fuels (-4.9%) and animal & vegetable oils & fats (-2.7%).
Imports
In October 2014, the import value posted an increase of 9.1% from RM58.6 billion where the import volume index rose 8.0% from 127.9 points. The increase was mainly due to manufactured goods (+12.1%) and machinery & transport equipment (+10.1%).
Similarly, the import unit value index also rose 0.5% from 129.4 points. This was contributed by manufactured goods (+2.9%), machinery & transport equipment (+1.8%) and miscellaneous manufactured articles (+1.3%).
In October 2014, Malaysia’s terms of trade rose 0.5% to 104.9 points as compared with September 2014. The rise was mainly registered in manufactured goods (+1.1%), chemicals (+1.0%) and miscellaneous manufactured articles (+0.9%).
On a year-on-year basis, Malaysia’s terms of trade decreased 1.0% from 106.0 points. The decline was mainly recorded in inedible crude materials (-10.5%), followed by manufactured goods (-2.8%) and machinery & transport equipment (-0.8%).
Released By:
THE OFFICE OF CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
2014 December 10
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