socialmedian: Malaysian Exports in May 2008 - highest monthly exports ever

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Malaysian Exports in May 2008 - highest monthly exports ever

Submitted by Fredplimley

Aug 13, 2008

Summary

Hello Everyone,

Malaysian Exports in May 2008 of RM60.6 billion were the highest
monthly exports ever recorded, with a growth of 22% from a year ago.
Imports for the month increased by 7.9% to RM44.99 billion compared
with the corresponding month of 2007.

The trade surplus was valued at RM15.6 billion, an increase of 95.5%
from May 2007, making it the 127th consecutive month of trade surplus
since November 1997.

Total trade for the period January to May 2008 amounted to RM481.63
billion, an increase of 11.2% from the corresponding period of 2007.
Exports expanded by 14.6% to RM268.18 billion, while imports grew by
7.2% to RM213.44 billion.

Higher exports of palm oil, crude petroleum, refined petroleum
products, chemicals and chemical products, liquefied natural gas
(LNG) , manufactures of metal, processed food and rubber products
contributed to the increase in exports for the first five months of
2008. Trade surplus amounted to RM54.74 billion, an increase of 56.9%
from the corresponding period of 2007.

One of DK Malaysia's main goals is to promote investment, business
opportunities, trade, travel and tourism in Malaysia and to assist
MIDA, MATRADE and Tourism Malaysia achieve their goals and
objectives. I look forward to hearing from all of you and have a
great day.

All the best,

Fred Plimley
President - DK Malaysia Development, LLC
Host/Moderaor - Linkedin Malaysia
f.plimley@...
http://www.linkedin.com/in/fredplimley
(951) 243-3602
(909) 214-8783
(+44) 020 7193 7317
Skype ID: fredplimley

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