Malaysia Exports Rise Unexpectedly

Malaysia's exports rose unexpectedly in December and imports increased at a slower-than-expected rate, data from the Department of Statistics revealed on Tuesday.

Exports rose 2.7 percent year-on-year to MYR 86.4 billion in December. Economists had expected a fall of 1.0 percent.

Imports increased 0.9 percent to MYR 73.8 billion. Economists had forecast an annual rise of 1.7 percent.

The trade surplus was MYR 12.6 billion in December, which was above economists' expectations of MYR 9.10 billion.

On a monthly basis, exports grew by a seasonally adjusted 8.5 percent in December, while imports declined 1.6 percent.



by WooHoo Ireland


Woooo Fx Education

Camden Street Lower, St Kevin's, Dublin 2, Ireland D 02 XE 80 | +353-214-651-000 |

currency hedger logo_small.png
woohoo fx eu_gdpr_compliant_logo.png

Trading in leveraged currency contracts comes with substantial risk. You must be aware of these risks before opening an account to trade. High leverage amplifies gains as well as losses, leading to potential loss of the entire account balance. Trading in leveraged currency contracts may not be suitable for every investor. Never speculate using money that you cannot afford to lose.

© 2019 by WoOHOo Fx. Proudly created with WoOHoO AI Ireland

  • Facebook
  • Twitter
  • LinkedIn
  • Instagram