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Malaysia: External Trade Indices August 2016

IB Insights
By IB Insights
8 years ago
Malaysia: External Trade Indices August 2016

Mal, Unit Value


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  1. EMBARGO : Only to be published or disseminated at 1200 hours, 7 October 2016 DEPARTMENT OF STATISTICS MALAYSIA PRESS RELEASE MALAYSIA EXTERNAL TRADE INDICES AUGUST 2016
  2. Exports On a-month-on-month basis , in August 2016, the export unit value index increased 0.3% to 103.6 points. This was mainly attributed to mineral fuels (+2.6%), chemicals (+0.9%) and machinery & transport equipment (+0.3%). On a similar trend, the export volume index expanded 12.6% to 122.6 points. This was led by inedible crude materials (+28.1%), animal & vegetable oils & fats (+26.0%) and machinery & transport equipment (+18.3%). In seasonally adjusted terms, the export volume index increased 8.0%. When compared to the previous year, the export unit value index registered a decrease of 2.3%. In contrast, the export volume index rose 3.9%. Imports In August 2016, the import unit value index registered a marginal increase of 0.1% to 108.5 points which was attributed to manufactured goods (+0.9%), animal & vegetable oils & fats (+0.9%) and food (+0.7%). Meanwhile, the import volume index increased 1.9% to 123.7 points. This increase was led by inedible crude materials (+30.2%) followed by miscellaneous manufactured articles (+13.6%) and manufactured goods (+13.1%). In seasonally adjusted terms, the import volume index expanded 5.9%. On a-year-on-year basis, the import unit value index and import volume index increased 1.0% and 3.8% respectively. Terms of trade In August 2016, Malaysia’s terms of trade recorded an increase of 0.2% to 95.4 points when compared with the preceding month, while a reduction of 3.3% was recorded year-on-year. For more details, please refer to the Department’s portal: www.statistics.gov.my *Notes: The August 2016 data is provisional and subject to revision in later issues. Released By: THE OFFICE OF CHIEF STATISTICIAN MALAYSIA DEPARTMENT OF STATISTICS, MALAYSIA 7 OCTOBER 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[at]stats.gov.my