Malaysia recorded a trade surplus of RM11.67bil in December, a 24% increase from the same month in 2007, thanks to higher trade value. International Trade and Industry Deputy Minister Datuk Liew Viu Keong said Malaysia’s total trade in 2008 was valued at RM1.185 trillion, an increase of 6.8% from 2007, surpassing the RM1 trillion mark for the third consecutive year. The major exported products in December included electrical and electronic (E&E) products (36.9%), LNG (11.2%), palm oil (7.7%), chemicals and chemical products (5.2%), crude petroleum (3.9%), machinery, appliances and parts (3.7%), refined petroleum products (3.6%), wood products (2.8%), manufactures of metal (2.6%) and optical and scientific equipment (2.2%).
MALAYSIA’S TRADE SURPLUS
Malaysia recorded a trade surplus of RM11.67bil in December, a 24% increase from the same month in 2007, thanks to higher trade value. International Trade and Industry Deputy Minister Datuk Liew Viu Keong said Malaysia’s total trade in 2008 was valued at RM1.185 trillion, an increase of 6.8% from 2007, surpassing the RM1 trillion mark…
