Overview

Exports

On a month-on-month basis, the export unit value index posted a positive growth at 0.7% from 109.7 points to 110.5 points which was due to the increases in the index of mineral fuels (+5.3%) and animal & vegetable oils & fats (+5.3%). Similarly, the export volume index also showed an increase of 11.6% from 135.6 points to 151.3 points which was contributed by the rise in the index of machinery & transport equipment (+20.6%), miscellaneous manufactured articles (+14.3%) and chemicals (+13.3%). The seasonally adjusted export volume index registered a rise of 15.4% from 134.5 points to 155.2 points.

When compared to the previous year, the export unit value index dropped 5.0% while the export volume index rose 19.6%.

Imports

In September 2020, the import unit value index slipped from 113.4 points to 112.6 points, decreased 0.7% compared with the previous month. The deterioration was due to the decreases in the index of mineral fuels (-5.1%), machinery & transport equipment (-0.5%) and miscellaneous manufactured articles (-0.2%). Nevertheless, the import volume index grew 2.3% to135.2 points as against 132.2 points in August 2020. The growth was contributed by the increases in the index of manufactured goods (+10.2%), machinery & transport equipment (+5.5%) and chemicals (+4.4%). The seasonally adjusted import volume index in September 2020 registered a rise of 6.1% from 127.5 points to 135.3 points.

On a year-on-year basis, the import unit value index declined 4.1% while the import volume index increased 0.6%.
 

Terms of trade

Malaysia’s terms of trade showed a growth of 1.4% month-on-month to 98.1 points from 96.7 points. On a year-on-year basis, Malaysia’s terms of trade remained negative at 0.9% from 99.0 points.

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

*Notes:

The September 2020 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 NOVEMBER 2020

Contact person:

Mohd Yusrizal Ab Razak
Public Relation Officer
Strategic Communication and International Division
Department of Statistics, Malaysia
Tel : +603-8885 7942
Fax : +603-8888 9248
E-mail : yusrizal.razak[at]dosm.gov.my

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