KUALA LUMPUR: Malaysia's trade surplus expanded 19.7% on a year-on-year (y-o-y) basis to RM13.23bil in August as higher exports of electrical and electronic (E&E) and rubber products cushioned the decline in overall exports.
Exports fell 2.9% y-o-y to RM79.14bil, according to the Ministry of International Trade and Industry (Miti), which underperformed the median estimate of a 4.9% expansion by a Bloomberg survey of economists.
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