KUALA LUMPUR, Sept. 20 (Xinhua) — Malaysia’s exports surged 48.2 p.c 12 months on 12 months to 141.33 billion ringgit (31.03 billion U.S. {dollars}) in August, official knowledge confirmed Tuesday.
The export growth was attributed to larger shipments {of electrical} and digital (E&E) merchandise, petroleum merchandise, palm oil and palm oil-based agriculture merchandise, liquefied pure fuel (LNG) in addition to optical and scientific tools, the Ministry of International Trade and Industry (MITI) mentioned in an announcement.
According to the assertion, exports of petroleum merchandise, LNG in addition to optical and scientific tools registered the best month-to-month worth.
Meanwhile, Malaysia’s exports to main buying and selling companions notably China, the United States, the European Union (EU) and Japan recorded double-digit development.