Malaysia’s exports hits record RM95.7b in December


The main products which contributed to the increase in exports were electrical and electronic products (+RM5.6bil); rubber products (+RM3bil) and palm oil and palm oil-based agriculture products (+RM2.6bil).

KUALA LUMPUR: Malaysia recorded the highest exports of RM95.7bil in December, supported by both, re-exports and domestic exports, the Statistics Department said.

In its statement on Friday, it said the exports in December 2020 were 10% higher from a year ago and exceeded the 6.6% rise forecast by analysts surveyed by Reuters. It was also was quicker than the 4.3% growth posted in November.

READ ALSO: Malaysia recorded largest trade surplus in a row of 23 years despite pandemic, says Azmin

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