Malaysia's January trade surplus up
KUALA LUMPUR: Malaysia's trade surplus in January grew 17.7 percent from December and was up 20.7 percent year-on-year at 7.83 billion ringgit (US$2.06 billion), the trade ministry said on Friday.
"Malaysia's trade continued to be buoyant in January 2005, with exports expanding 11.3 percent from January 2004 to 39.24 billion ringgit and imports growing 9.2 percent to 31.41 billion ringgit," it said in a statement.
However, January's exports were down 10.2 percent from December while imports dropped 15.2 percent but this was in line with past trends, it said.
January marked the 87th consecutive monthly trade surplus since November 1997. -- AFP