Malaysia’s May exports up 3.4% on year, imports up 0.1%
KUALA LUMPUR (July 5): Malaysia’s exports grew 3.4% year-on-year (y-o-y) to RM82.11 billion in May, with main contribution from the manufacturing growth of metal goods and electrical and electronic (E&E) products.
In a statement today, the Statistics Department said E&E products which made up 35.5% of total May exports, had risen 2.1% y-o-y to RM29.18 billion, while manufacturers of metal goods, which accounted for 5.3% of total exports, surged 44.7% to RM4.36 billion.
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