Malaysia's April exports fall nearly 9% on-year (Update)

The Statistics Department said on Friday that on a month-on-month basis, exports also fell 9.2% or RM6.1bil from RM66.5bil in March. In seasonally adjusted terms, exports fell 3.4%.

The department said on a on-year basis, the decline in exports was due to the decrease in exports to Japan (-RM1.8bil), Singapore (-RM1.4bil), Hong Kong (-RM727.1mil), Taiwan (-RM445.0mil) and Philippines (-RM420.6mil).