Malaysian exports continue to take a hit. This time, it contracted by close to 6% in May. Imports also decreased. Those domestic cylinders better get going.

Malaysian May 2013 Exports

4 Responses to “[2700] It is not the end of the world, but that is a bad trade number”

  1. on 05 Jul 2013 at 18:22 Bobby

    *cringe*
    That’s not a good sign.
    Far-East to Europe exports also declined for the 4th consecutive month.
    Hmm, round 3 then?

  2. on 08 Jul 2013 at 10:37 hishamh

    It’s mostly prices. The drop in export volume was marginal; import volume actually rose.

  3. on 09 Jul 2013 at 10:51 Hafiz Noor Shams

    Hmmm, import volume fell no?

    “In May 2013, the import value posted a decline of 2.3% from RM54.2 billion where the
    import volume index decreased 9.7% to 107.9 points.” http://www.statistics.gov.my/portal/images/stories/files/LatestRelease s/trade/Indices/bi/EXTERNAL_TRADE_INDICES_MAY2013_BI.pdf

  4. on 09 Jul 2013 at 11:40 hishamh

    Damn, must be getting old. You’re right.