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MALAYSIA EXTERNAL TRADE STATISTICS

DECEMBER 2014

MALAYSIA EXTERNAL TRADE STATISTICS

TRADE PERFORMANCE FOR THE YEAR OF 2014 AND THE MONTH OF


DECEMBER 2014#
A. PERFORMANCE IN 2014

Supported by stronger than expected export growth, Malaysias total trade in 2014
continued on an upward trend, expanding by 5.9% to reach RM1.45 trillion, compared
with RM1.37 trillion in 2013.

Major trading partners that contributed to the growth in trade were:


i.

ASEAN, growing by RM14.54 billion or 3.9%;

ii. the European Union (EU), RM8.35 billion or 6.2%;


iii. the United States of America (USA), RM8.01 billion or 7.4%;
iv. Australia, RM7.48 billion or 16.4%;
v. Hong Kong, RM6.05 billion or 14.5%;
vi. Taiwan, RM5.94 billion or 11.2%; and
vii. the Peoples Republic of China (PRC), RM4.54 billion or 2.2%.

Exports in 2014 rose by 6.4% or RM46.14 billion to RM766.13 billion, surpassing the
forecast export growth of 6% in the 2014/2015 Economic Report.

Imports increased by 5.3% or RM34.32 billion to RM683.02 billion. The growth


impetus of exports had resulted in a trade surplus of RM83.11 billion, representing
Malaysias achievement of 17th consecutive years of trade surplus. The trade surplus
in 2014 registered a double-digit growth of 16.6%, a remarkable achievement
compared with negative growth in 2012 (-22.8%) and 2013 (-25.7%).

MALAYSIA EXTERNAL TRADE STATISTICS

DECEMBER 2014

Major contributors to this performance included:

Strong uptake by almost all ASEAN countries;

Expansion in exports spurred by higher demand for manufactured products, in


particular electrical and electronic (E&E) products, and steady demand for
commodities;

Recovery in key markets such as the USA and Japan;

With the exception of commodities export such as palm oil and rubber, other
exports to the PRC continued to be sustained. Higher export were recorded for
E&E products (RM2.81 billion), petroleum products (RM685.2 million),
transport equipment (RM242.6 million) and optical and scientific equipment
(RM299.5 million);

Greater demand from emerging markets such as countries in Africa, Central


Asia and South Asia; and

Supporting manufactured exports which made up 76.7% of total exports,


imports of intermediate goods increased by 7.6%.

16 markets which registered higher exports of over RM1 billion were Singapore, the
USA, India, Hong Kong, Australia, Japan, Taiwan, the Netherlands, the Philippines,
the Republic of Korea (ROK), Kenya, Germany, Norway, Mexico, the United Kingdom
and Vietnam. These countries accounted for 64.7% of Malaysias total exports.

Free Trade Agreement (FTA) Countries

Trade with the FTA partner countries registered a growth of 3.9% to RM906.6 billion
with exports expanding 4.7% to RM491.35 billion and imports growing at 2.9% to
RM415.25 billion. Expansion in exports to the FTA partner countries were contributed
by higher exports of liquefied natural gas (LNG), petroleum products, E&E products,
crude petroleum as well as chemicals. FTA countries contributed 64.1% of Malaysias

MALAYSIA EXTERNAL TRADE STATISTICS

DECEMBER 2014

total exports in 2014. It is estimated that close to 49% of exports to FTA partner
countries were through preferential access.

ASEAN Almost All Markets Recorded Export Growth

ASEAN remained as an important and strategic trading partner for Malaysia,


accounting for 26.8% of Malaysias total trade in 2014, valued at RM389.03 billion with
an increase of 3.9% from 2013. Exports to ASEAN increased by 5.9% to RM213.58
billion, driven by improved economic and investment conditions, growing middle
income group as well as development and reform initiatives carried out by ASEAN
member economies. It is important to note that growing cross border investments had
strengthen industry linkages and intercompany transactions and this in turn has had
positive impact on intra ASEAN trade.

In 2014, exports to all ASEAN markets registered increases except for Indonesia.
Exports to Indonesia declined by 4.1% or RM1.35 billion due mainly to lower exports
of refined petroleum which declined by RM1.15 billion.

Increase in exports to ASEAN was contributed mainly by higher exports of petroleum


products, crude petroleum, chemicals, palm oil (crude palm oil; fractionated palm oil;
and palm kernel oil, olein and stearin), optical and scientific equipment as well as E&E
products.

Imports from ASEAN increased by 1.5% to RM175.45 billion. Main imports from
ASEAN were petroleum products, E&E products as well as chemicals.

The PRC Malaysias Largest Trading Partner For 6 Successive Years

The PRC remained as Malaysias largest trading partner for the sixth consecutive year
since 2009. Malaysias trade with the PRC increased by 2.2% to RM207.85 billion.

Exports of E&E products to the PRC were up by 7% or RM2.81 billion to RM43.08


billion due mainly to the country being a major manufacturing destination for

MALAYSIA EXTERNAL TRADE STATISTICS

DECEMBER 2014

smartphones and handheld devices. Share of E&E exports to the PRC expanded from
41.5% to 46.6% in 2014. Export of E&E products mainly electronic integrated circuits,
petroleum products as well as optical and scientific equipment, primarily oscilloscopes
and oscillographs and other instruments and apparatus specially designed for
telecommunications recorded increases.

However, slowdown in manufacturing activities in the PRC caused other exports to


decline such as manufactures of metal and crude natural rubber. Palm oil exports
reduced by 16.2% to RM7.68 billion from RM9.17 billion.

Structural changes and reforms in the PRC had impacted exports of certain products.
Strategies to enhance Malaysias exports to the PRC in line with Chinas changing
requirements are being formulated.

The PRC continued to be the largest source of imports for Malaysia, increasing by
8.7% to RM115.5 billion. A total 41.6% of imports from the PRC is E&E products while
46.6% of Malaysias export to the PRC is also in the same sector. This shows the
deep integration of the supply chain between both countries.

Japan - Exports Rebounded by 4.4%

Exports to Japan rebounded by 4.4% to RM82.71 billion as compared to a decline of


5% recorded in 2013, driven by the growing manufacturing activities in Japan. Imports
decreased by 2.9% to RM54.75 billion. Total trade grew by 1.4% to RM137.45 billion
from RM135.56 billion in 2013.

Manufactured exports expanded by 6.2% or RM2.07 billion with the highest expansion
for E&E products, manufactures of metal, chemicals, manufactures of plastics as well
as optical and scientific equipment. Strong export growth was seen for electronic
integrated circuits, television reception apparatus, photosensitive semiconductor
devices and aircraft parts as a result of Japanese investment in Malaysia.

MALAYSIA EXTERNAL TRADE STATISTICS

DECEMBER 2014

Major imports from Japan were E&E products, machinery, appliances and parts as
well as transport equipment, mainly passenger motor vehicles and automotive parts
and components.

The EU - Pockets of Growth

Strong exports to selected economies in the EU pushed trade with the EU up by 6.2%
to RM143.98 billion. Exports to the EU registered a double digit growth of 11.6% to
RM72.84 billion as economic activities began to expand in several countries in the
region. Share of exports to the EU increased from 9.1% to 9.5%.

Higher exports were registered to markets such as:

the Netherlands, increased by RM2.72 billion;

Germany, RM1.35 billion;

the United Kingdom, RM1.07 billion;

Belgium, RM763.5 million; and

Poland, RM546.1 million.

Main driver of increased exports to the EU was E&E products, primarily electronic
integrated circuits. Increasing consumption as well as recovery in exports have
stimulated demand for intermediate goods in Germany while growing popularity of
smart devices have boosted demand for E&E components and parts in the EU.

Other exports that registered significant increases to the EU were palm oil, chemicals,
optical and scientific equipment, machinery, appliances and parts, transport
equipment, textiles, clothing and footwear as well as manufactures of metal.

Imports from the EU increased by 1.1% to RM71.14 billion. Main import products were
E&E products, transport equipment as well as machinery, appliances and parts.

MALAYSIA EXTERNAL TRADE STATISTICS

DECEMBER 2014

The USA-Strong Growth for Manufactured Goods

With higher purchasing power and improvements in the labour market, domestic
demand in the USA for manufactured goods was elevated and this boosted Malaysias
exports to the USA. Exports recorded a double digit growth of 11% to RM64.41 billion,
while imports increased by 3.3% to RM52.33 billion resulting in total trade of
RM116.75 billion, an increase of 7.4% over the past year.

Malaysias E&E exports to the USA surged by 11.2% or RM3.68 billion in 2014. The
increase was due to higher exports of apparatus for transmission or reception of
voice, images and other data as well as electronic integrated circuits needed for the
consumer electronics industry, including smartphones, computer tablets, televisions,
audio and visual equipment. According to the Consumer Electronics Association
forecast, U.S sales of consumer electronics devices will continue to grow by 3% in
2015 to USD223 billion. Other products that recorded significant increases in exports
were chemicals, optical and scientific equipment, machinery, appliances and parts,
frozen seafood as well as textiles,clothing and footwear.

India Malaysias 8th Largest Export Market

In 2014, India was Malaysias 8th largest export market, arising to notch from its 10th
place in 2013. Exports to the country rose by 23.9% or RM6.16 billion to RM31.9
billion, with higher exports of palm oil (RM2.33 billion), crude petroleum (RM1.82
billion) as well as chemicals (RM536.5 million). Other products that registered
increases were furniture, textiles, clothing and footwear as well as processed food.
Total trade with India increased by 7.5% to RM45.24 billion.

MALAYSIA EXTERNAL TRADE STATISTICS

DECEMBER 2014

Exports to Africa Continued to Expand

With more promotion initiatives, exports to Africa grew by 11% to RM19.47 billion.
Markets with significant export growth included:

Kenya, increased by RM1.54 billion;

Angola, RM445.3 million;

Mozambique, RM433.3 million; and

Tanzania, RM403.9 million.

Major exports to Africa were petroleum products, palm oil, processed food, chemicals
and E&E products.

Broad Based Expansion in Manufactured Exports

In 2014, exports of manufactured goods, rose by 7.1% or

RM39.11 billion to

RM587.25 billion and accounted for 76.7% of total exports during the period. Exports
of almost all manufactured goods registered increases.

Exports of E&E products expanded by 8.1% or RM19.16 billion to RM256.15 billion,


the highest export value since 2008. It accounted for 33.4% of total exports. The
growth is fuelled by stronger global demand for new applications of semiconductors
and new wave of technologies for Internet of Things (IOT).

Higher demand for E&E products was led by electronic integrated circuits which grew
by 17.8% to reach RM92.21 billion and followed by:

Apparatus for transmission or reception of voice, images and other data,


increased by 58.5% to RM7.4 billion;

Parts for diodes, transistors, piezoelectric crystals and other semiconductor


devices, 36.9% to RM5.34 billion;

Parts for electrical machinery and apparatus, 500.1% to RM1.56 billion;

MALAYSIA EXTERNAL TRADE STATISTICS

DECEMBER 2014

Parts and accessories for television, radio, transmission apparatus and other
telecommunication apparatus, 30.7% to RM4.15 billion; as well as

Photosensitive semiconductor devices, 8% to RM11.19 billion.

Export markets with significant increases for E&E products were Hong Kong, the USA,
the PRC, Taiwan, Japan and Mexico. The recovery in the EU and stronger
manufacturing activities in ASEAN, saw increased exports of E&E products to these
markets. Exports of E&E products to the EU and ASEAN increased by RM4.92 billion
and RM694.6 million, respectively.

Other manufactured products that contributed to the growth in exports for 2014 were:

Chemicals, increased by 8.5% to RM51.51 billion, primarily alcohols, phenols


and their derivatives;

Machinery, appliances and parts, 10.9% to RM30.01 billion, mainly machines


and mechanical appliances specialized for particular industries;

Optical and scientific equipment, 13.4% to RM23.64 billion, primarily


automatic regulating or controlling instruments and apparatus;

Processed food, 16.3% to RM16.56 billion;

Iron and steel products, 28.2% to RM9.57 billion;

Petroleum products, 2.9% to RM70.36 billion;

Textiles, clothing and footwear, 13% to RM12.12 billion;

Manufactures of plastics, 11.6% to RM11.92 billion;

Transport equipment, 10% to RM10.58 billion; and

Wood products, 3.9% to RM14.72 billion.

Export Performance of Mining and Agricultural Sectors

Exports of mining goods increased by 6.8% or RM6.66 billion to RM104.6 billion due
to the increase in exports of LNG and crude petroleum which grew by 7.9% and 6.8%,
respectively. For LNG, the average unit price was elevated by 5.5% while export
quantity up by 2.3%. Export quantity for crude petroleum grew by 9.5% while average
unit price dropped by 2.5%.
8

MALAYSIA EXTERNAL TRADE STATISTICS

DECEMBER 2014

There was a nominal increase in exports of agricultural goods by 0.6% or RM401


million to RM69.2 billion. Exports of palm oil grew by 2.3% to RM46.95 billion,
supported by 3.6% growth in average unit price and 5.3% in quantity. Exports of crude
natural rubber declined by 34.9% to RM4.57 billion due to a 23.6% drop in average
unit price and 14.8% reduction in export quantity.

Imports in 2014

Higher demand of intermediate goods for manufacturing activities was the primary
factor for imports to rise by 5.3% to RM683.02 billion.

The three main categories of imports by end use were:

Intermediate goods valued at RM408.38 billion or 59.8% of total imports,


increased by 7.6% from 2013;

Capital goods (RM96.18 billion or 14.1% of total imports), 2.1%; and

Consumption goods (RM50.32 billion or 7.4% of total imports), 5.7%.

The largest category of imports was manufactured goods, accounting for 86.3% of
Malaysias total imports. Major imports of manufactured goods in 2014 were:

E&E products, accounted for 27.9% share of Malaysias total imports,

Petroleum products mainly refined petroleum, 11.7% share;

Chemicals, 9.1% share;

Machinery, appliances and parts, 8.4% share; and

Manufactures of metal, 6.1% share.

The PRC was the largest import source, followed by Singapore, Japan, the USA,
Thailand and Taiwan. These countries accounted for 55.9% of total imports. ASEAN
contributed RM175.45 billion or 25.7% of Malaysias total imports for the year 2014.

MALAYSIA EXTERNAL TRADE STATISTICS

DECEMBER 2014

B. PERFORMANCE IN DECEMBER 2014

Malaysias total trade in December 2014 increased by 3.4% from a year ago to
RM126.19 billion. Increases in trade were recorded with:

the USA, increased by RM1.73 billion;

India, RM970.5 million;

the Netherlands, RM792.4 million;

Saudi Arabia, RM731.8 million;

the ROK, RM668.8 million;

the Philippines, RM358.6 million; and

Singapore, RM299.4 million.

Highest Monthly Exports Ever Recorded


Exports in December 2014 rose 2.7% year-on-year, to RM67.69 billion, the highest
value ever recorded for a single month.

Major export products that registered increases in December 2014 were:

Electrical and electronic products valued at RM23.31 billion, with a share of


34.4% of total exports, increased by 14.9% from December 2013;

Liquefied natural gas (RM6.34 billion, 9.4%, 12.9%);

Chemicals (RM4.71 billion, 7%, 19.3%);

Transport equipment (RM1.01 billion, 1.5%, 40.6%); and

Processed food (RM1.49 billion, 2.2%, 17.5%)

Imports in December 2014 increased by 4.2% to RM58.5 billion from December 2013.
The three main categories of imports by end use were:

Intermediate goods valued at RM33.57 billion or 57.4% of total imports,


increased by 11.8%;

Capital goods (RM9.56 billion or 16.3% of total imports, 2.7%); and

Consumption goods (RM4.58 billion or 7.8% of total imports, 4.5 %).


10

MALAYSIA EXTERNAL TRADE STATISTICS

DECEMBER 2014

Major import products were:

Electrical and electronic products, RM16.3 billion or 27.9% of total imports,


increased by 9.5%;

Petroleum products (RM6.16 billion or 10.5% of total imports, 14%); and

Chemicals (RM5.06 billion or 8.6% of total imports, 9.8%).

Driven by strong export performance, Malaysia recorded a trade surplus of RM9.19


billion in December 2014. This was 206th consecutive months since November 1997.
Note:

It should be noted that, conceptually, the export and import figures in the external trade statistics are different
from that in the goods account of the balance of payments compilation. The compilation of international
merchandise trade statistics is usually based on customs records, which essentially reflect the physical
movement of goods across borders, and follow international guidelines on concepts and definitions, which do
not fully conform to the principles of the System of National Accounts (SNA) and the Balance of Payments
Compilation. Goods are defined in the SNA as physical objects for which a demand exists, over which
ownership rights can be established and whose ownership can be transferred from one institutional unit to
another by engaging in transactions on markets.
This is a preliminary release, full details would be published in the MONTHLY EXTERNAL TRADE
STATISTICS report by the Department of Statistics, Malaysia, to be disseminated at 1200 hours, Thursday,
th

5 February 2015.
+

This report can be accessed through the homepages of the Department of Statistics, Malaysia
(http://www.statistics.gov.my) under Latest Releases: Malaysian External Trade Statistics, Ministry of
International Trade and Industry (http://www.miti.gov.my) and Malaysia External Trade Development
Corporation (http://www.matrade.gov.my).

The December 2014 data is provisional and subject to revision in later issue.

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MALAYSIA EXTERNAL TRADE STATISTICS

DECEMBER 2014

TABLE 1: SUMMARY OF MALAYSIAS EXTERNAL TRADE

Year/
Period
2013f
January
February
March
April
May
June
July
August
September
October
November
December

Total Exports
(RM Million)

Total Imports
(RM Million)

Trade
Balance
(RM Million)

Total Trade
(RM Million)

57,080.0
52,493.3
60,049.4
55,836.6
55,656.7
56,648.8
60,629.6
62,795.9
63,283.5
67,193.6
62,408.6
65,916.3

53,724.6
44,254.8
55,111.5
54,771.3
52,922.5
52,423.2
57,864.0
55,788.8
54,599.3
58,561.7
52,523.6
56,149.8

3,355.4
8,238.5
4,937.9
1,065.3
2,734.2
4,225.6
2,765.6
7,007.2
8,684.2
8,631.9
9,885.0
9,766.6

110,804.6
96,748.1
115,160.9
110,607.8
108,579.2
109,072.1
118,493.6
118,584.7
117,882.8
125,755.3
114,932.1
122,066.1

719,992.4

648,694.9

71,297.5

1,368,687.3

January

63,973.9

57,618.8

6,355.1

121,592.8

February

58,912.2

48,475.5

10,436.8

107,387.7

March
April
May
June
July
August
September
October
November
December

64,963.9
66,239.5
64,817.7
61,225.6
61,118.4
63,881.8
64,523.9
65,051.9
63,727.3
67,692.4

55,434.5
57,497.2
59,172.3
57,120.6
57,479.8
60,019.8
55,194.1
63,904.0
52,600.4
58,499.1

9,529.4
8,742.3
5,645.4
4,105.0
3,638.5
3,862.0
9,329.8
1,147.8
11,126.9
9,193.3

120,398.5
123,736.7
123,990.0
118,346.2
118,598.2
123,901.6
119,718.0
128,955.9
116,327.7
126,191.6

766,128.5

683,016.3

83,112.2

1,449,144.8

2013f
2014p

2014p

12

MALAYSIA EXTERNAL TRADE STATISTICS

DECEMBER 2014

TABLE 2: MAJOR EXPORT PRODUCTS (JANUARY-DECEMBER)

Products
Total Exports
Electrical & Electronic Products
Petroleum Products
LNG
Chemicals & Chemical Products
Palm Oil (includes crude palm oil; fractionated
palm oil; and palm kernel oil, olein and
stearin)
Crude Petroleum
Machinery, Appliances & Parts
Manufactures of Metal
Optical & Scientific Equipment
Rubber Products

Jan-Dec
2014p
RM Million
766,128.5
256,145.0
70,356.8
64,288.9
51,509.2

Jan-Dec
2013f
RM Million
719,992.4
236,981.8
68,369.2
59,567.0
47,470.1

46,953.3
33,790.1
30,010.9
26,451.1
23,639.3
18,004.4

45,916.3
31,642.9
27,068.3
28,164.3
20,836.7
18,943.1

TABLE 3: MAJOR EXPORT MARKETS (JANUARY-DECEMBER)


Jan-Dec
2014p
RM Million
766,128.5
108,838.9
92,347.6
82,708.9
64,412.8
40,271.9
37,020.9
32,970.2
31,896.6
31,757.8
28,061.2

Markets
Total Exports
Singapore
PRC
Japan
USA
Thailand
Hong Kong
Australia
India
Indonesia
ROK

13

Jan-Dec
2013f
RM Million
719,992.4
100,256.6
97,043.0
79,196.7
58,054.9
39,923.3
31,251.1
29,225.1
25,735.1
33,110.4
26,199.2

MALAYSIA EXTERNAL TRADE STATISTICS

DECEMBER 2014

TABLE 4: MAJOR EXPORT PRODUCTS

Products
Total Exports
Electrical & Electronic Products
LNG
Petroleum Products
Chemicals & Chemical Products
Palm Oil (includes crude palm oil;
fractionated palm oil; and palm kernel oil,
olein and stearin)
Manufactures of Metal
Machinery, Appliances & Parts
Crude Petroleum
Optical & Scientific Equipment
Rubber Products

December
2014p
RM Million
67,692.4
23,312.3
6,335.8
5,394.4
4,714.9

November
2014p
RM Million
63,727.3
22,977.7
5,210.2
4,751.8
4,282.5

December
2013f
RM Million
65,916.3
20,292.3
5,611.1
8,184.1
3,952.3

3,869.0
2,834.5
2,707.1
2,325.9
1,917.1
1,549.6

3,435.6
2,320.2
2,460.6
2,811.4
1,915.5
1,540.6

4,145.6
2,539.6
2,580.7
3,617.6
1,849.2
1,642.6

December
2014p
RM Million
67,692.4
9,539.4
8,800.4
7,042.7
6,103.7
3,356.8
3,265.0
3,185.0
2,845.3
2,273.6
2,256.8

November
2014p
RM Million
63,727.3
8,900.9
8,522.4
7,510.5
5,556.6
3,573.6
1,735.9
3,005.4
2,492.5
2,224.5
2,697.1

December
2013f
RM Million
65,916.3
9,016.2
10,344.4
6,982.0
4,767.8
3,358.7
2,302.1
3,149.1
2,401.2
1,719.5
3,219.3

TABLE 5: MAJOR EXPORT MARKETS

Markets
Total Exports
Singapore
PRC
Japan
USA
Thailand
ROK
Hong Kong
India
Netherlands
Indonesia

14

MALAYSIA EXTERNAL TRADE STATISTICS

DECEMBER 2014

TABLE 6: MAJOR IMPORT PRODUCTS (JANUARY-DECEMBER)


Jan-Dec
2014p
RM Million
683,016.3
190,756.5
80,044.9
62,137.0
57,098.0
41,726.6
37,762.0
25,304.1
24,994.3
20,964.7
16,979.1

Products
Total Imports
Electrical & Electronic Products
Petroleum Products
Chemicals & Chemical Products
Machinery, Appliances & Parts
Manufactures of Metal
Transport Equipment
Iron & Steel Products
Optical & Scientific Equipment
Processed Food
Crude Petroleum

Jan-Dec
2013f
RM Million
648,694.9
179,616.5
73,652.8
55,872.9
54,571.5
40,672.4
42,089.9
26,085.8
21,873.1
17,657.8
15,578.4

TABLE 7: MAJOR IMPORT MARKETS (JANUARY-DECEMBER)


Jan-Dec
2014p
RM Million
683,016.3
115,503.4
85,683.9
54,745.1
52,332.5
39,648.1
34,364.1
31,699.6
27,721.9
23,161.3
20,228.1

Markets
Total Imports
PRC
Singapore
Japan
USA
Thailand
Taiwan
ROK
Indonesia
Germany
Australia

15

Jan-Dec
2013f
RM Million
648,694.9
106,264.8
80,249.2
56,359.9
50,682.4
38,632.5
31,530.3
30,653.0
27,943.8
22,912.1
16,491.9

MALAYSIA EXTERNAL TRADE STATISTICS

DECEMBER 2014

TABLE 8: MAJOR IMPORT PRODUCTS

Products
Total Imports
Electrical & Electronic Products
Petroleum Products
Chemicals & Chemical Products
Machinery, Appliances & Parts
Manufactures of Metal
Transport Equipment
Iron & Steel Products
Crude Petroleum
Optical & Scientific Equipment
Processed Food

December
2014p
RM Million
58,499.1
16,304.6
6,161.6
5,057.4
4,994.0
4,282.5
3,686.8
2,116.3
2,030.0
1,413.8
1,271.4

November
2014p
RM Million
52,600.4
15,366.0
4,629.9
5,084.5
4,506.9
3,895.6
2,955.8
1,759.7
1,816.8
1,320.8
1,560.1

December
2013f
RM Million
56,149.8
14,896.1
7,167.0
4,606.6
4,667.3
2,720.8
5,199.6
2,141.3
1,662.0
1,240.1
1,189.7

December
2014p
RM Million
58,499.1
10,961.1
6,911.3
4,843.1
4,553.4
3,552.2
2,916.0
2,528.9
2,497.1
1,945.3
1,609.7

November
2014p
RM Million
52,600.4
9,854.0
6,027.2
4,000.4
4,147.4
3,296.6
2,785.2
2,239.5
2,043.6
1,807.5
1,630.0

December
2013f
RM Million
56,149.8
9,292.3
7,135.2
4,445.2
4,604.7
3,480.1
2,950.1
2,823.1
2,394.5
1,704.6
1,215.7

TABLE 9: MAJOR IMPORT MARKETS

Markets
Total Imports
PRC
Singapore
USA
Japan
Thailand
Taiwan
ROK
Indonesia
Germany
Australia

Source: Department of Statistics, Malaysia


Tabulated By: MATRADE

Notes:
p - provisional data
f - final data

16

Jan
Feb
Mar
Apr
May
June
July
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
June
July
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
July
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

MALAYSIA EXTERNAL TRADE STATISTICS

2007
2008

DECEMBER 2014

CHART 1: MALAYSIAS MONTHLY EXTERNAL TRADE PERFORMANCE, 2007-2014

RM billion

140
Total Trade

2009
2010

17
2011

Year/m onth
2012
2013

126.19

120

100

80
Exports
67.69

60
Im ports
58.50

40

20
Trade Balance

2014p

9.19

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