Overview

Exports

The export unit value index increased 1.4 per cent in October 2021 as compared with the previous month, contributed by the increases in the index of mineral fuels (+6.2%), animal & vegetable oils & fats (+3.3%) and chemicals (+0.9%). Meanwhile, the export volume index rose 1.8 per cent in the same month, reflected by the increases in index of manufactured goods (+8.1%), chemicals (+7.1%) and machinery & transport equipment (+4.1%). The seasonally adjusted export volume index fell 8.0 per cent from 165.9 points to 152.6 points.

On annual comparison, both export unit value and volume index grew 16.4 per cent and 7.8 per cent, respectively.

Imports

The import unit value index also grew 0.6 per cent in October 2021 as compared with the previous month, attributed to the increases in the index of mineral fuels (+4.7%), manufactured goods (+0.04%) and machinery & transport equipment (+0.03%). On the other hand, the import volume index increased by 3.6 per cent in October 2021 as compared to the preceding month, contributed by the increases in the index of mineral fuels (+8.2%), machinery & transport equipment (+4.6%) and manufactured goods (+3.7%). The seasonally adjusted import volume index in October 2021 dropped 0.8 per cent from 160.9 points to 159.6 points.

On a year-on-year basis, both the import unit value and volume indices expanded 7.5 per cent and 19.2 per cent, respectively.

Terms of trade

Malaysia’s terms of trade increased by 0.8 per cent month-on-month to 106.7 points in October 2021. Malaysia’s terms of trade performance remained positive at 8.3 per cent from 98.5 points in October of previous year.

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

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

*Notes:

The October 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

3 DECEMBER 2021

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Strategic Communication and International Division
Department of Statistics, Malaysia
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