Overview
Exports
On a month-on-month basis, in February 2016, the export unit value index decreased 1.4% to 104.3 points. This was attributed to the drop in the index of mineral fuels (-7.0%), inedible crude materials (-2.8%) and chemicals (-2.1%). The export volume index also decreased 7.0% which was led by the index of miscellaneous manufactured articles (-17.2%), animal & vegetable oils & fats (-15.3%) and machinery & transport equipment (-9.1%). In seasonally adjusted terms, the export volume index increased 2.3%.
When compared to the previous year, the export unit value index registered a decrease of 2.7%. In contrast, the export volume index increased 9.7%.
Imports
In February 2016, the import unit value index decreased 0.3% to 107.8 points when compared to January 2016. This was led by the index of mineral fuels (-4.7%), inedible crude materials (-1.1%) and manufactured goods (-0.3%). Reflecting the same trend, the import volume index dropped 12.3%, mainly attributed to the index of inedible crude materials (-32.0%), miscellaneous manufactured articles (-18.9%) and manufactured goods (-17.3%). In seasonally adjusted terms, the import volume index increased 3.6%.
On a-year-on-year basis, the import unit value index registered an increase of 1.9%. In contrast, the import volume index decreased 0.3%.
Terms of trade
In February 2016, Malaysia’s terms of trade decreased 1.1% when compared with January 2016. On a year-on-year basis, Malaysia’s terms of trade registered a reduction of 4.6%.
For more details, please refer to the Department’s portal: www.statistics.gov.my
| *Notes:
The February 2016 data is provisional and subject to revision in later issues.
|
Released By:
THE OFFICE OF CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
6 APRIL 2016
Contact person:
Ho Mei Kei
Public Relation Officer
Corporate and User Services Division
Department of Statistics, Malaysia
Tel : +603-8885 7942
Fax : +603-8888 9248
Email : mkho@stats.gov.my
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