August exports hit nearly RM96b, boost by E&E, petroleum

Exports were mainly robust external demand for petroleum products, electrical and electronic (E&E) products mainly due to higher shipments of semiconductors.

KUALA LUMPUR: Malaysia recorded strong trade performance in August from a year ago with exports growing by 18.4% to RM95.59bil, the 12th consecutive month of year-on-year (y-o-y) expansion since September 2020.

The Ministry of International Trade and Industry (MITI) said on Tuesday underpinning the exports were mainly robust external demand for petroleum products, electrical and electronic (E&E) products mainly due to higher shipments of semiconductors as well as chemicals and chemical products.