Overview

Exports

The export unit value index grew 1.3 per cent in November 2021 as compared with the previous month, contributed by the increases in the index of mineral fuels (+5.4%), animal & vegetable oils & fats (+1.1%) and machinery & transport equipment (+0.4%). Meanwhile, the export volume index fell 3.2 per cent in the same month, reflected by the deterioration in index of manufactured goods (-12.1%), machinery & transport equipment (-4.7%) and mineral fuels (-3.5%). The seasonally adjusted export volume index rose 6.3 per cent from 152.6 points to 162.2 points.

On annual comparison, both export unit value and volume index grew 16.8 per cent and 13.5 per cent, respectively.

Imports

The import unit value index also grew 1.0 per cent in November 2021 as compared with the previous month, attributed to the increases in the index of animal & vegetable oils & fats (+10.3%), mineral fuels (+4.5%) and machinery & transport equipment (+0.4%). Likewise, the import volume index increased by 4.8 per cent in November 2021 as compared to the preceding month, contributed by the increases in the index of manufactured goods (+12.6%), chemicals (+12.4%) and machinery & transport equipment (+4.4%). The seasonally adjusted import volume index in November 2021 recorded an increase of 5.8 per cent from 159.5 points to 168.7 points.

On a year-on-year basis, both the import unit value and volume indices expanded 8.7 per cent and 27.1 per cent, respectively.

Terms of trade

Malaysia’s terms of trade increased by 0.3 per cent m-o-m to 107.0 points in November 2021. Malaysia’s terms of trade performance remained positive at 7.5 per cent from 99.6 points in November of previous year.

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

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

*Notes:

The November 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 JANUARY 2022

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Strategic Communication and International Division
Department of Statistics, Malaysia
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