(MENAFN- Qatar News Agency) Malaysia's total trade in October 2013 rose 11.6% to RM125.98 billion compared with the same month a year ago, the Malaysian Ministry of International Trade and Industry (MITI) said.
Exports in October rose 9.6% compared with a year ago to RM67.11 billion, marking a fifth consecutive month of increase since June 2013, the ministry said
It said major exports for products for the month were electrical and electronic products, refined petroleum products, liquefied natural gas, palm oil, and chemicals and chemical products
Imports in October 2013 increased by 13.9% to RM58.88 billion from October 2012, contributed mainly by increases in imports of intermediate goods by 13% or RM3.9 billion
Exports increased by 0.9% to RM591.83 billion while imports expanded by 6.3% to RM540.38 billion, resulting in a trade surplus of RM51.45 billion
The top five trading partners which registered expansion in trade were China (increased by 9.9%), Singapore (1.5%) and the EU (5.2%), while trade with Japan and the US declined by 8.1% and 1.8% respectively
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