External Trade Indices

Malaysia’s export value dropped by 6.4% in January 2021, in line with the decrease in the export volume index at 7.9% as compared with the previous month. This was attributed to the weak performance of the index of animal & vegetable oils & fats (-49.7%), mineral fuels (-19.3%) and manufactured goods (-8.4%). 

Whereas import value amounted RM73.0 billion, slipped 2.7% in January 2021 inline with the downtrend in the import volume index (3.3%). This was attributed from the weak performance of the index of miscellaneous manufactured articles (-10.2%), chemicals (-7.1%) and machinery & transport equipment (-3.9%).