China factor: Malaysia’s exports to China have grown rapidly over the last few years, with China’s share of Malaysian exports rising from 3.1% in 2000 to 14.1%.
PETALING JAYA: Malaysia’s imports and exports are expected to have contracted by 6.6% and 5.1% respectively in January, resulting in a RM12.bil trade surplus for the month, said RAM Ratings.
The rating agency said that this was largely due to seasonally subdued regional industrial activity during the lunar new year festivities.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
