KUALA LUMPUR: Malaysia’s exports in January 2019 rose at a faster-than-expected pace of 3.1% year-on-year (y-o-y) to RM85.4bil, underpinned by expansion in exports to China, Thailand and South Korea, compared with a Bloomberg survey of a 0.6% contraction.
The Statistics Department announced on Monday re-exports were valued at RM17.5bil (+0.4%) and accounted for 20.5% of total exports. Domestic exports increased RM2.5bil or 3.9% to RM67.9bil.
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