Malaysia External Trade Indices August 2020

Transcription

1. EMBARGO : Only to be published or disseminated at 1200 hours, Friday, 2 October 2020 DEPARTMENT OF STATISTICS MALAYSIA PRESS RELEASE MALAYSIA EXTERNAL TRADE INDICES, AUGUST 2020
2. Exports On a month-on-month basis , in August 2020, the export unit value index shrank 0.2% to 109.7 points which was due to the decreases in the index of mineral fuels (-2.7%) followed by machinery & transport equipment (-0.6%) and inedible crude materials (-0.6%). Similarly, the export volume index also dropped 14.4% to 135.6 points which was attributed to the decreases in the index of animal & vegetable oils & fats (-20.1%), machinery & transport equipment (-18.4%) and mineral fuels (-13.4%). In seasonally adjusted terms, the export volume index registered a drop of 12.5% to 134.5 points. When compared to the previous year, the export unit value index dropped 4.9% while the export volume index rose 2.1%. Imports In August 2020, the import unit value index recorded a marginal growth of 0.1% to 113.4 points when compared to the previous month, which was contributed by the increases in the index of mineral fuels (+1.3%) and manufactured goods (+0.3%). In contrast, the import volume index shrank 2.3% to 132.2 points. This was attributed to the declines in the index of manufactured goods (-11.6%), mineral fuels (-9.4%) and machinery & transport equipment (-4.4%). In seasonally adjusted terms, the import volume index in August 2020 dropped 2.5% to 127.5 points. On a year-on-year basis, both the import unit value and volume indices decreased 3.6% and 3.0% respectively. Terms of trade Malaysia’s terms of trade registered a marginal decrease of 0.1% to 96.7 points as compared with July 2020. On a year-on-year basis, Malaysia’s terms of trade also dropped 1.4% from 98.1 points. For more details, please refer to the Department’s portal: www.dosm.gov.my *Notes: The August 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 2 OCTOBER 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