PUTRAJAYA: Malaysia’s month-to-month export and import unit worth indices posted optimistic growths of 1.4% and 0.6% respectively, in October 2021, in keeping with the Statistics Department.
“The export unit value index increased 1.4% in October 2021 as compared with the previous month, contributed by the increases in the index of mineral fuels (+6.2%), animal & vegetable oils & fats (+3.3%) and chemicals (+0.9%),” chief statistician Datuk Seri Dr Mohd Uzir Mahidin mentioned in an announcement.
Meanwhile, the export quantity index rose 1.8% in the identical month, mirrored by the will increase in the index of manufactured items (+8.1%), chemical substances (+7.1%) and equipment & transport gear (+4.1%).
The seasonally adjusted export quantity index fell 8.0 per cent from 165.9 factors to 152.6 factors.
On annual comparability, each export unit worth and quantity index grew 16.4% and seven.8%, respectively.
Mohd Uzir mentioned the import unit worth index grew 0.6% in October 2021 as in contrast with the earlier month, as a result of will increase in the index of mineral fuels (+4.7%), manufactured items (+0.04%) and equipment & transport gear (+0.03%).
“On the other hand, the import volume index increased by 3.6% in October 2021 as compared to the preceding month, contributed by the increases in the index of mineral fuels (+8.2%), machinery & transport equipment (+4.6%) and manufactured goods (+3.7%).
“The seasonally adjusted import volume index in October 2021 dropped 0.8% from 160.9 points to 159.6 points.
“On a year-on-year basis, both the import unit value and volume indices expanded 7.5% and 19.2% respectively,” he mentioned.
In addition, Malaysia’s phrases of trade elevated by 0.8% month-on-month to 106.7 factors in October 2021.
The Statistics Department mentioned Malaysia’s phrases of trade efficiency remained optimistic at 8.3% from 98.5 factors in October of the earlier 12 months.
