October exports jump 25.5% to a record high

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PETALING JAYA: The country’s export value in October rose 25.5% year-on-year (y-o-y) to a record RM114.4bil as the global economy continues to see a gradual recovery.

Imports were higher by 27.9% to RM88.2bil and total trade expanded to RM202.6bil from RM160.1bil in October 2020, the Statistics Department said.