September exports decline at much faster pace as E&E slows down

September's total trade were RM147.07bil compared with RM151.11bil a year ago. The trade surplus fell to RM8.337bil, down 46.5% from RM15.5bil a year ago. It was also down 23.5% on-month.

KUALA LUMPUR: Malaysia's exports contracted by 6.8% to RM77.70bil in September, the lowest in three months and were much steeper than expected due to a decline in exports of electrical and electronic (E&E) products.

The Ministry of International Trade and Industry said in a statement on Monday that manufactured goods in September 2019 amounted to RM66.34bil or 85.4% of total exports.