Overview

Exports

The export unit value index grew 0.2 per cent in December 2021 as compared with the previous month, contributed by the increases in index of animal & vegetable oils & fats (+3.4%), machinery & transport equipment (+0.8%) and chemicals (+0.8%). Likewise, the export volume index grew 10.1 per cent in the same month, reflected by the increases in index of machinery & transport equipment (+21.5%), chemicals (+9.3%) and miscellaneous manufactured articles (+7.7%). The seasonally adjusted export volume index rose 6.0 per cent from 162.2 points to 172.0 points.

On annual comparison, both export unit value and volume index grew 15.8 per cent and 11.6 per cent, respectively.

Imports

The import unit value index also grew 0.2 per cent in December 2021 as compared with the previous month, attributed to the increases in index of animal & vegetable oils & fats (+7.0%), machinery & transport equipment (+0.5%) and manufactured goods (+0.5%). On the other hand, the import volume index dropped by 0.6 per cent in December 2021 as compared to the preceding month, attributed by the deterioration in index of animal & vegetable oils & fats (-25.9%), mineral fuels (-23.9%) and inedible crude materials (-2.2%). The seasonally adjusted import volume index in December 2021 decreased by 1.0 per cent from 168.7 points to 166.8 points.

On a year-on-year basis, both the import unit value and volume indices expanded 8.4 per cent and 14.1 per cent, respectively.

Terms of trade

Malaysia’s terms of trade increased by 0.04 per cent m-o-m to 107.1 points in December 2021. Malaysia’s terms of trade performance sustained positive growth at 6.9 per cent from 100.2 points in December of previous year.

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

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

*Notes:

The December 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 FEBRUARY 2022

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Strategic Communication and International Division
Department of Statistics, Malaysia
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