Malaysia’s July exports rise 5 per cent, below forecast
According to a report, many Malaysian shrimp exporters have been placed on the USFDA Red List after 18 shrimp shipment samples from 11 exporters were found to contain traces of chloramphenicol in 2018. — AFP pic. Sketched by the Pan Pacific Agency.
KUALA LUMPUR, Aug 27, 2021, Reuters. Malaysia’s exports in July rose 5% from a year earlier, but less than forecast, government data showed on Friday, Nasdaq.com reported.
July’s exports was expected to rise 9.7%, according to 11 economists surveyed in a Reuters poll.
Imports in July grew 24% from a year earlier, the data showed. Analysts were expecting a 19.4% rise, according to 11 economists surveyed in a Reuters poll.
Malaysia’s trade surplus in July narrowed to 13.7 billion ringgit from 22.2 billion ringgit surplus the previous month . Analysts had forecast a surplus of 20 billion ringgit.
Share it
| 
| 
| 
| 
|