Malaysia: Statistics of International Trade in Services 2016

Transcription

1. EMBARGO : Only to be published or disseminated at 1200 hours, Friday, 4 August 2017 DEPARTMENT OF STATISTICS MALAYSIA PRESS RELEASE STATISTICS OF INTERNATIONAL TRADE IN SERVICES 2016
2. OVERVIEW Malaysia ’s total international trade in services grew at 6.5 per cent to record RM311.7 billion in 2016. This represents 25.3 per cent of GDP at current prices. Exports of services posted RM146.3 billion, increased by 7.5 per cent compared to the preceding year. Meanwhile, imports of services rose by 5.5 per cent to record RM165.4 billion. Higher services exports has led to a lower trade deficit of RM19.1 billion from RM20.6 billion in the previous year. MAJOR SERVICES COMPONENTS Four major services components are travel, transport, telecommunications, computer & information and other business services. On the exports side, these four components accounted for 85.8 per cent (2015: 86.1%), while for imports the share was 78.6 per cent (2015: 79.4%). MAJOR TRADING PARTNER Top five countries contributed to the exports of services were Singapore, USA, Indonesia, China and United Kingdom. As for imports, the major trading partners were mainly from Singapore, China, USA, Japan and Thailand. Download: Summary tables of statistics of International Trade in Services, 2015 - 2016 Released By: THE OFFICE OF CHIEF STATISTICIAN MALAYSIA DEPARTMENT OF STATISTICS, MALAYSIA 4 August 2017 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