Nov exports down 5.5% to RM80.8bil

FILE PHOTO: A general view of a container yard at North Port in Port Klang outside Kuala Lumpur January 8,2009. REUTERS/Bazuki Muhammad/File Photo GLOBAL BUSINESS WEEK AHEAD

KUALA LUMPUR: For November, Malaysian exports contracted 5.5% from a year ago to RM80.8bil on declines in demand for manufactured, mining and agriculture goods.

A Bloomberg survey of analysts had expected no change to the value of the country’s exports from a year ago. Along with the contraction in exports, the trade surplus for the month fell 23.1% to RM6.54bil as compared to RM8.5bil in November 2018.