Overview

MONTH-ON-MONTH COMPARISON:

Exports 

In February 2015, Malaysia’s export value recorded a decline of 16.4% to RM53.2 billion where the export volume index decreased 16.5% to 88.1 points. This was led by inedible crude materials (-21.4%), manufactured goods (-21.2%), miscellaneous manufactured articles (-20.2%) and machinery & transport equipment (-16.3%).

In contrast, the export unit value index rose 0.1% to 136.4 points. This was mainly contributed by chemicals (+1.3%), animal & vegetable oils & fats (+0.4%) and machinery & transport equipment (+0.3%).         

Seasonally adjusted figure

In seasonally adjusted terms, the export volume index decreased 18.1% to 85.7 points.

Imports

In February 2015, Malaysia’s total import value registered a reduction of 11.0% to   RM48.6 billion where the import volume index dropped 11.1% to 105.5 points. This was mainly attributed to manufactured goods (-27.8%), miscellaneous manufactured articles   (-19.3%) and machinery & transport equipment (-14.9%).

In contrast, the import unit value index rose 0.1% to 129.5 points which was led by food (+0.5%), machinery & transport equipment (+0.4%) and miscellaneous manufactured articles (+0.3%).

Seasonally adjusted figure

In seasonally adjusted terms, the import volume index in February 2015 increased 5.3% to 123.8 points.

YEAR-ON-YEAR COMPARISON:

Exports

Malaysia’s export value decreased 9.7% from RM58.9 billion where the export volume index decreased 7.8% from 95.5 points, year-on-year basis. The decrease was mainly due to animal & vegetable oils & fats (-22.7%), manufactured goods (-20.4%) and inedible crude materials (-13.1%).

Similarly, the export unit value index registered a decrease of 2.2% from 139.4 points which was led by mineral fuels (-18.7%), animal & vegetable oils & fats (-8.9%) and inedible crude materials (-8.2%).

Imports

In February 2015, the import value posted an expansion of 0.4% from RM48.5 billion where the import volume index increased 1.8% from 103.7 points. The increase was mainly due to manufactured goods (+7.5%), inedible crude material (+3.8%) and miscellaneous manufactured articles (+1.7%)

Meanwhile, the import unit value index decreased 1.5% from 131.4 points. This was attributed to mineral fuels (-19.9%) and chemicals (-0.1%).

TERMS OF TRADE

In February 2015, Malaysia’s terms of trade decreased marginally by 0.04% to 105.3 points when compared with January 2015. The decrease was mainly registered in inedible crude materials (-1.3%), mineral fuels (-0.6%) and machinery & transport equipment (-0.1%).

On a year-on-year basis, Malaysia’s terms of trade registered a reduction of 0.7% from 106.1 points. The reduction was mainly recorded in inedible crude materials (-8.1%) followed by animal & vegetable oils & fats (-0.6%) and manufactured goods (-0.5%).

Released By:

THE OFFICE OF CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
3 APRIL 2015

Contact person:
Norrita binti Amran
Public Relation Officer
Corporate and User Services Division
Department of Statistics, Malaysia
Tel : +603-8885 7942
Fax : +603-8888 9248
Email : norrita.amran@stats.gov.my

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Baharudin Mohamad

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