CEO Morning Brief

Malaysia's April Exports Rise 20.7%, Above Forecast

edgeinvest
Publish date: Fri, 20 May 2022, 12:13 PM
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TheEdge CEO Morning Brief

(May 19): Malaysia's exports in April rose 20.7% from a year earlier, above forecast, government data showed on Thursday.

April's exports were expected to rise 19.7%, according to 13 economists surveyed in a Reuters poll.

Imports in April grew 22% from a year earlier, the data showed. Analysts were expecting a 22% rise, according to 13 economists surveyed in a Reuters poll.

Malaysia's trade surplus in April was RM23.5 billion. Analysts had forecast a surplus of RM22.7 billion.

Source: TheEdge - 20 May 2022

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