KUALA LUMPUR (April 10) : Malaysian exports grew 14.5% to RM56.87 billion in February this year from RM49.65 billion a year earlier, as the country sold more electrical and electronic goods, besides palm and crude oil.
In a statement on Tuesday, the Statistics Department said exports to major markets including the US, Europe, China and Japan rose during the month. February imports rose 18% to RM46.29 billion from a year earlier, according to the statement.
Cumulative two-month exports rose 7.1% to RM111.94 billion while imports climbed 10.2% to RM92.61 billion, according to the Statistics Department.
The International Trade and Industry Ministry expects the country’s exports to grow between 5% and 6% this year, slower than the 8.7% growth in 2011. The forecast takes into account a weaker global economic landscape in 2012.
In a statement on Tuesday, the Statistics Department said exports to major markets including the US, Europe, China and Japan rose during the month. February imports rose 18% to RM46.29 billion from a year earlier, according to the statement.
Cumulative two-month exports rose 7.1% to RM111.94 billion while imports climbed 10.2% to RM92.61 billion, according to the Statistics Department.
The International Trade and Industry Ministry expects the country’s exports to grow between 5% and 6% this year, slower than the 8.7% growth in 2011. The forecast takes into account a weaker global economic landscape in 2012.
