2020-12-29 16:05:15 来源: Xinhua
Malaysia's exports in November increased by 4.3 percent to 84.43 billion ringgit (about 20.81 billion U.S. dollars) from a year earlier, supported mainly by higher exports to the United States, Singapore, China, according to data released by Malaysian International Trade and Industry Ministry on Monday.
According to the ministry, total trade in November contracted by 2 percent year-on-year to 152.04 billion ringgit and imports decreased by 9 percent to 67.61 billion ringgit.
For the first 11 months of 2020, total trade declined by 4.6 percent year-on-year to 1.61 trillion ringgit. Exports for the first 11 months contracted 2.6 percent to 885.02 billion ringgit, while imports decreased by 7 percent to 721.16 billion ringgit.
Exports of manufactured goods which contributed to 88.1 percent of total exports rose by 8.1 percent year-on-year, buoyed mainly by higher exports of electrical and electronic (E&E) products as well as rubber products.
Exports of agriculture goods increased by 6 percent year-on-year driven mainly by higher exports of palm oil and palm oil-based agriculture products.
Exports of mining goods contracted by 34.6 percent year-on-year due to lower exports of liquefied natural gas (LNG), crude petroleum as well as petroleum condensates and other petroleum oil.
Malaysia's trade with China in November 2020 rose by 3.2 percent year-on-year to 30.06 billion ringgit, accounting for 19.8 percent of Malaysia's total trade.
Its exports to China expanded 13.2 percent mainly on higher exports of E&E products.
Malaysia's trade with China for January to November also rose 3.2 percent year-on-year.
Exports registered double digit growth of 12.4 percent, driven by higher exports of iron and steel products, other manufactures (SSD), manufactures of metal, E&E products as well as palm oil and palm oil-based agriculture products.