Overview

Exports

The export unit value index rose 1.4 per cent in August 2021 as compared with the previous month, contributed by the increases in the index of mineral fuels (+5.3%), animal & vegetable oils & fats (+1.4%) and machinery & transport equipment (+0.6%). On the other hand, the export volume index recorded a decline of 3.2 per cent in the same month, reflected by the decreases in the index of mineral fuels (-21.1%), animal & vegetable oils & fats (-17.4%) and machinery & transport equipment (-0.9%). The seasonally adjusted export volume index grew 5.1 per cent from 137.0 points to 143.9 points.

When compared to the previous year, the export unit value and volume index grew 16.2 per cent and 1.9 per cent, respectively.

Imports

The import unit value index grew 0.9 per cent in August 2021 as compared with the previous month. The increment was driven by the growths in the index of mineral fuels (+7.2%), animal & vegetable oils & fats (+1.5%) and manufactured goods (+0.3%). In contrast, the import volume index declined 12.0 per cent in the same month as compared to the preceding month, attributed to the deterioration in the index of mineral fuels (-35.7%), machinery & transport equipment (-6.2%) and manufactured goods (-3.3%). The seasonally adjusted import volume index in August 2021 posted a decrease of 11.0 per cent from 154.1 points to 137.2 points.

On a year-on-year basis, both the import unit value and volume indices expanded 6.4 per cent and 5.7 per cent, respectively.

Terms of trade

Malaysia’s terms of trade increased by 0.6 per cent m-o-m to 105.6 points in August 2021. On a year-on year basis, Malaysia’s terms of trade performance remained positive at 9.2 per cent from 96.7 points in August of previous year.

The full publication of the External Trade Indices, August 2021 can be downloaded through eStatistik Portal.

For more details, please refer to the Department’s portal: www.dosm.gov.my

*Notes:

The August 2021 data is provisional and subject to revision in later issues.

Released By:

DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
 DrUzir_Mahidin      dr_uzir

4 OCTOBER 2021

Contact person:

Mohd Yusrizal Ab Razak
Public Relation Officer
Strategic Communication and International Division
Department of Statistics, Malaysia
Tel : +603-8885 7942
Fax : +603-8888 9248
E-mail : yusrizal.razak[at]dosm.gov.my

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