Trade Performance 2016 Weekly Bulletin... · processed food as well as chemicals and chemical products. Exports to Indonesia amounted to RM27.66 billion, a decrease of 5% attributed

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Trade Performance 2016Trade Sustained Amidst Challenging Global Environment

Malaysia’s trade in 2016 remained resilient despite the uncertainties in the global environment. Total trade grew by 1.5% to reach RM1.485 trillion, compared to RM1.463 trillion in the previous year. The increase was contributed by higher trade with China, which expanded by RM10.09 billion, the United States of America (USA) (↑RM6.87 billion), Republic of Korea (↑RM3.56 billion), Taiwan (↑RM3.29 billion) and Saudi Arabia (↑RM3.04 billion). Significant increases were also recorded with Turkey (↑RM2.81 billion), Hong Kong SAR (↑RM1.93 billion), India (↑RM1.85 billion), Mexico (↑RM1.64 billion), Brazil (↑RM1.52 billion), Bangladesh (↑RM1.48 billion), ASEAN (↑RM1.41 billion) and the European Union (EU) (↑RM549.6 million).

Exports rose by 1.1% to RM785.93 billion and imports increased by 1.9% to RM698.66 billion, resulting in a trade surplus of RM87.27 billion, the 19th consecutive year of trade surplus since 1998.

Major contributors to export growth in 2016 were:

• Expansion of manufactured and agricultural exports by 3.2% and 4.7%, respectively, compensating for the lower performance of mining goods;

• Continued growth for electrical and electronics (E&E) exports driven by strong global demand for electronic devices;

• Rising exports to ASEAN by 5.4% with significant growth to Singapore, CLMV (Cambodia, Laos, Myanmar and Viet Nam) countries and the Philippines;

• Higher exports to Free Trade Agreements (FTA) partners; particularly to Turkey, India and Pakistan; Robust export growth to advanced countries, in particular, the USA and Euro zone notably Germany, Belgium, Italy and Hungary; and

• Greater demand from emerging markets such as Mexico and countries in South Asia.

Performance of Major Markets

ASEAN absorbed 29.4% of exports in 2016

ASEAN absorbed 29.4% of exports in 2016 ASEAN remained as an important and strategic trading partner for Malaysia, taking up RM230.93 billion of Malaysia’s exports in 2016, an increase of 5.4%. ASEAN’s share of Malaysia’s total exports expanded from 28.2% in year 2015 to 29.4%, the highest share since 1993. In terms of trade, ASEAN accounted for 27.1% of Malaysia’s total trade in 2016, with a value of RM402.66 billion, an increase of 0.4%.

The increase in exports was led by manufactured goods which expanded by RM12.97 billion or 6.7%. Exports of manufactured goods accounted for 89.1% in 2016 compared with 87.9% in 2015. Expansion in this sector was contributed by higher exports of E&E products, petroleum products, manufactures of metal, processed food, transport equipment, chemicals and chemical products, machinery, equipment and parts as well as textiles.


Singapore remained the largest export market with a share of 49.6% of total exports to ASEAN. Exports to Singapore expanded by 5.6% to RM114.44 billion due to higher exports of E&E products, optical and scientific equipment, machinery, equipment and parts, transport equipment as well as petroleum products.

Exports to Thailand declined marginally by 0.6% to RM44.1 billion due to lower exports of crude petroleum, optical and scientific equipment as well as E&E products. However, the decline was offset by increases in exports of petroleum products, transport equipment, manufactures of metal, processed food as well as chemicals and chemical products. Exports to Indonesia amounted to RM27.66 billion, a decrease of 5% attributed to lower exports of petroleum products. Higher exports, however, were recorded for processed food, iron and steel products as well as manufactures of metal.

Exports to the CLMV countries grew by RM7.52 billion or 35.1% to RM28.96 billion, accounting for 12.5% of Malaysia’s exports to ASEAN. Among the CLMV countries, the strongest expansion in exports was to Viet Nam, which surged by 36.7% to RM23.78 billion. Exports to Viet Nam registered double digit growth for two consecutive years since 2015, attributed to higher exports of petroleum products, manufactures of metal, E&E products as well as chemicals and chemical products. In 2016, Viet Nam was Malaysia’s 10th largest export destination, four position up from 14th in 2015.

Exports to the Philippines rose by RM469.2 million or 3.6% to RM13.64 billion, benefiting from higher exports of palm oil and palm-based agriculture products, processed food as well as transport equipment. Imports from ASEAN contracted by 5.7% to RM171.73 billion and main imports were E&E products, petroleum products, chemicals and chemical products, as well as machinery, equipment and parts.

China – Malaysia’s Largest Trading Partner for 8 Successive Years

China continued to be the largest trading partner with Malaysia for the 8th consecutive year since 2009. In 2016, Malaysia’s trade with China increased by 4.4% to RM240.91 billion. Exports to China were valued at RM98.56 billion, declined by 2.9% while imports increased by 10.1% to RM142.35 billion. Lower exports were recorded for commodities and manufactured goods particularly, LNG, natural rubber, palm oil and palm-based agriculture products, petroleum products, manufactures of metal as well as E&E products. However, exports of chemicals and chemical products, optical and scientific equipment, processed food, transport equipment and wood products registered increases. China was Malaysia’s largest import source with 20.4% share of total imports in 2016. Higher imports were registered for petroleum products, E&E products, chemicals and chemical products as well as machinery, equipment and parts.

Exports to the EU Continued to Expand

Trade with the EU increased by 0.4% to RM149.05 billion. Malaysia’s exports to the EU were higher by 1.2% or RM913 million to RM79.84 billion. Germany, the Netherlands, the United Kingdom, France and Belgium remained the top 5 export destinations in the region, accounting for 78.8% of Malaysia’s total exports to the EU. Among the top ten EU countries, six registered positive growth in exports, namely, Germany which increased by 13.5%, Belgium (↑11.9%), Italy (↑10.1%), Czech Republic (↑9%), Spain (↑0.4%) and France (↑0.1%). The main contributors for the increase in exports to the EU were machinery, equipment and parts, optical and scientific equipment, chemicals and chemical products, transport equipment as well as apparels. Imports from the EU declined by 0.5% to RM69.22 billion and the main import products were E&E products, machinery, equipment and parts as well as transport equipment.

The USA- Manufactured Goods Continued to Drive Exports

Trade with the USA expanded by 5.3% to RM135.88 billion in 2016. Malaysia maintained sturdy export performance to the USA with an increase of 8.9% to RM80.23 billion. Increased exports to the USA was driven mainly by manufactured goods which accounted for 95.7% of Malaysia’s total exports to the country. Exports of this sector rose 10% to RM76.75 billion owing mainly to E&E products which increased by 10.5% or RM4.44 billion. Higher exports of E&E products were seen for photosensitive semi-conductor devices, parts and accessories for office machines and apparatus for transmission or reception. Other products that registered significant increases in exports were optical and scientific equipment (↑19.4%), transport equipment (↑22%), chemicals and chemical products (↑11.4%), wood products (↑7.7%), petroleum products (↑136.9%), machinery, equipment and parts (↑6.8%) as well as manufactures of metal (↑14.1%). Imports from the USA increased by


0.5% to RM55.65 billion and the main imports were E&E products, machinery, equipment and parts as well as chemicals and chemical products.

Japan-Malaysia’s 4th Largest Export Market

Total trade with Japan contracted by 4.8% to RM120.26 billion and exports decreased by 12.9% to RM63.28 billion. Lower exports to Japan was due to mining goods which declined by 31.6%, particularly, LNG. The decrease was attributed mainly to the lower Average Unit Value (AUV). On the contrary, better export performance was seen in the exports of manufactured goods to Japan which increased by 1.1%, accounting for 61.7% of total exports to Japan. The increase was contributed by higher exports of manufactures of metal, in particular, aluminium not alloyed, chemicals and chemical products, processed food, machinery, equipment and parts as well as textiles. Imports from Japan increased by 6.3% to RM56.98 billion in 2016. Major imports were E&E products, machinery, equipment and parts as well as transport equipment.

South Asia-Exports Rebounded in 2016

In 2016, Malaysia’s exports to South Asia grew by 6.9% to RM45.39 billion, after a decline of 0.9% in 2015. Trade with South Asia rose by 7.4% to RM63.8 billion in 2016 and imports increased by 8.6% to RM18.4 billion. Exports to India increased by 1.1% to RM32.01 billion and accounted for 70.5% share of Malaysia’s total exports to South Asia. Manufactured goods that made up 54.4% of Malaysia’s exports to India grew by 8%, totalling RM17.43 billion in 2016. The expansion was attributed mainly to E&E products, manufactures of metal and transport equipment.

In 2016, Bangladesh has superseded Pakistan as second largest export destination in South Asia. Exports to Bangladesh surged by 32.2% to RM5.15 billion from RM3.9 billion in 2015, contributed mainly by higher exports of palm oil and palm-based agriculture products, machinery, equipment and parts, petroleum products as well as E&E products. Exports to Pakistan rose by 17.8% to RM4.86 billion contributed largely by higher exports of palm oil and palm-based agriculture products. Exports to Sri Lanka increased by 28.6% to RM2.42 billion attributed to higher exports of petroleum products.

West Asia-Double Digit Growth in Exports

Malaysia’s exports to West Asia registered a double-digit growth of 15.7% to RM29.83 billion in 2016. Imports were lower by 5.8% to RM28.35 billion while total trade grew by 4.1% to RM58.18 billion, compared to 2015. Exports to the United Arab Emirates (UAE) expanded by RM739.3 million or 6.2% to RM12.58 billion, contributed mainly by E&E products, especially photosensitive semiconductor devices. Exports to Iran increased by RM211.2 million or 10.8% to RM2.16 billion due largely to higher exports of palm oil and palm-based agriculture products. These two countries collectively contributed 49.5% of Malaysia’s exports to the region.

FTA Markets – A Boost to Exports

Trade with the FTA partner countries stood at RM935.33 billion with exports of RM490.05 billion while imports totalled RM445.28 billion. FTA partner countries contributed 62.4% of Malaysia’s total exports in 2016. The main exports to the FTA partner countries in 2016 were E&E products, petroleum products, chemicals and chemical products, LNG and manufactures of metal. FTA partner countries that registered increases in exports were Viet Nam, Singapore, Turkey, Myanmar, Pakistan, the Philippines, India, Cambodia and Laos. Turkey was Malaysia’s 19th largest export market, rising four notches from its 23rd place in 2015. Exports to the country surged by RM3.38 billion or 89% to RM7.17 billion due mainly to manufactures of metal particularly, aluminum not alloyed as well as palm oil and palm-based agriculture products.

Growth in Emerging Markets

In 2016, other promising markets with significant growth in exports were Mexico, increased by RM1.59 billion, attributed mainly to E&E products, Tanzania (↑RM264.2 million, palm oil and palm-based agriculture products) and Nigeria (↑RM201.9 million, petroleum products).

Performance of Major Sectors

Manufactured Goods Continued to Dominate Exports

Exports of manufactured goods grew by 3.2% or RM20.24 billion to RM645.67 billion. Manufactured exports accounted for a larger share of total exports at 82.2% compared to 80.5% in 2015. Exports


Ministry of International Trade and Industry, 10 February 2017

of E&E products rose by 3.5% or RM9.8 billion to RM287.72 billion, accounting for 36.6% of total exports. Increase in exports of E&E products over RM1 billion were registered for, among others:

• Electronic integrated circuits, increased by RM3.67 billion to RM100.05 billion;• Parts and accessories for office machines, ↑RM3.36 billion to RM7.79 billion;• Photosensitive semiconductor devices, ↑RM2.88 billion to RM18.2 billion; and• Apparatus for transmission or reception of voice, images and other data, ↑RM1.74 billion to

RM10.33 billion.

Markets which registered significant increase in exports of E&E products were Singapore, the USA, Germany, Mexico, India, the UAE, Viet Nam and Turkey. Greater manufacturing activities in ASEAN saw increased exports of E&E products by 6.9% to this market.

Other manufactured products that contributed to the growth in exports for 2016 were:

• Chemicals and chemical products, ↑RM3.86 billion to RM58.99 billion;• Optical and scientific equipment, ↑RM2.66 billion to RM28.75 billion;• Processed food, ↑RM1.98 billion to RM19.99 billion;• Machinery, equipment and parts, ↑RM1.53 billion to RM37.69 billion;• Transport equipment, ↑RM1.46 billion to RM13.48 billion; and• Textiles, apparels and footwear, ↑RM671.4 million to RM13.88 billion.

Agricultural Goods Higher exports of palm oil and palm-based agriculture products contributed to the expansion in exports of agricultural goods, which expanded by 4.7% or RM3.18 billion to RM70.43 billion, accounting for 9% share of total exports in 2016. Exports of palm oil and palm-based agriculture products increased by 5.9% to RM48.27 billion, contributed by higher exports of palm oil. Exports of palm oil increased by 3.3% or RM1.32 billion due mainly to higher AUV. However, exports of natural rubber declined by 10.2% to RM3.61 billion due to lower volume and AUV.

Mining Goods

Exports of LNG and crude petroleum declined by 28.2% and 14.6%, respectively due to lower AUV, in tandem with lower global prices despite higher export volume. Exports of crude petroleum amounted to RM22.27 billion while LNG, RM32.02 billion. Reduced exports of these commodities impacted exports of mining goods which contracted by 19.8% or RM15.87 billion to RM64.32 billion. This sector made up 8.2% share of total exports in 2016.

Imports Driven by Capital and Consumption Goods

In 2016, Malaysia’s total imports increased by 1.9% to RM698.66 billion, driven by higher imports of capital and consumption goods. The three main categories of imports by end use in 2016 were:

• Intermediate goods valued at RM399.08 billion or 57.1% of total imports, decreased by RM441.8 million or 0.1% from 2015;

• Capital goods (RM100.21 billion or 14.3% of total imports), ↑RM4.66 billion or 4.9%; and • Consumption goods (RM67.03 billion or 9.6% of total imports), ↑RM4.6 billion or 7.4%.

Imports of manufactured goods, accounted for 88.2% of Malaysia’s total imports. Major imports of manufactured goods in 2016 were:

• E&E products, valued at RM209.94 billion, accounted for 30% share of Malaysia’s total imports; • Chemicals and chemical products, RM68.01 billion, 9.7% share; and • Machinery, equipment and parts, RM65.05 billion, 9.3% share.

China remained the largest import source since 2011, followed by, Singapore, Japan, the USA and Thailand. These countries accounted for 53.1% of total imports. In 2016, ASEAN contributed RM171.73 billion or 24.6% share to Malaysia’s total imports.


MITI Weekly Bulletin | www.miti.gov.my

Trade Performance2016

Source: Department of Statistics, Malaysia

Malaysia

Exports: RM785.9b 1.1%

Imports: RM698.7b

1.9%

Total Trade: RM1,484.6b 1.5%

Trade Balance: RM87.3b

4.7%

Major Exports

2015 2016

Electrical & Electronic Products

RM277.9b

RM287.7b

2015 2016

Chemicals & Chemical Products

RM55.1b

RM59.0b

2015 2016

Petroleum ProductsRM54.5b RM54.5b

2015 2016

Palm Oil & Palm-Based Agriculture Products

RM45.6bRM48.3b

2015 2016

Machinery, Equipment & Parts

RM36.2b RM37.7b

Major Imports

2015 2016

Electrical & Electronic Products

RM201.3bRM209.9b

2015 2016

Chemicals & Chemical Products

RM64.8b

RM68.0b

2015 2016

Machinery, Equipment & Parts

RM59.4b

RM65.1b

2015 2016

Petroleum Products

RM63.9bRM52.4b

2015 2016

Transport Equipment

RM36.4b

RM41.3b



Source: Department of Statistics, Malaysia

Trade Performance, 1997 - 201622

0.9

286.

6

321.

6

373.

3

334.

3

357.

4

397.

9

481.

3

536.

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589.

2

604.

3

663.

0

552.

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697.

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785.

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311.

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280.

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303.

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432.

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519.

8

434.

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606.

7

648.

7

682.

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685.

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698.

7

441.8

1,067.4

1,484.6

0

200

400

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800

1,000

1,200

1,400

1,600

1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

RM b

illio

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Exports Imports Total Trade

1.5

-20

-15

-10

-5

0

5

10

15

20

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1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016p

% ch

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Total Trade

1.1

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1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016p%

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Exports

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1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016p

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Imports

Percentage Growth (y-o-y)

RM44.4B

Singapore, RM114.4B

RM5.3B

PRC, RM98.6B

RM41.1B

USA, RM80.2B

RM27.5B

Japan, RM63.3B

RM7.9B

Thailand, RM44.1B

Major Export Destinations

RM6.3B

PRC, RM142.3B

RM29.0B

Singapore, RM72.4B

RM48.5BJapan, RM57.0B

RM37.1B

USA, RM55.6B

RM8.7B

Thailand, RM42.4B

Major Import Sources



International Report

Source: Singapore Economic Development Board

Fix Asset Investment ( S$ billion)

2015 2016 2017f

11.5 9.4 8.0 - 10.0

Total Business Expenditure( S$ billion)

2015 2016 2017f

5.6 8.3 5.0 - 7.0

Expected Value-Added ( S$ billion)

2015 2016 2017f

12.3 12.9 12.0 - 14.0

Expected jobs 2015 2016 2017f

16,800 20,101 9,000-21,000

Singapore Investment Performance 2016

Fix Asset Investment (FAI), 2007-2016

FAI by Industry, 2016 FAI by Region, 2016

Note: f = Forecast



Germany Macroeconomic Trends International Report

GDP Growth 1.7% 1.9% 1.4%

2015

GDP by Expenditure

2.0% 2.0% 1.4%PrivateConsumption

3.7% 1.7% 1.2%Machinery &Equipment

0.3% 3.1% 1.9%Construction

2016 2017f

Domestic Demand

5.2% 2.5% 2.8%Exports

5.5% 3.4% 3.8%Imports

1.6% 2.2% 1.6%

Trade

Total Gross Wages & Salaries

per Employee 2.7% 2.5% 2.5%

(Percentage change on preceding year)

Source: Germany 2017 Annual Economic Report

Employment 0.9% 1.0% 0.7%

Unemployment Rate 6.4% 6.1% 6.0%

Note: f = Forecast



Number and Value of Preferential Certificates of Origin (PCOs)*

Note: The preference giving countries under the GSP scheme are Liechtenstein, the Russian Federation, Japan, Switzerland, Belarus, Kazakhstan and Norway.

Source: Ministry of International Trade and Industry, MalaysiaNote: * Provisional data

0

20

40

60

80

100

120

140

160

180

0

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Generalised System of Preferences (GSP)

Total FOB (RM mil.) Total CO

0

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ASEAN Trade in Goods Agreement (ATIGA)


0

500

1,000

1,500

2,000

2,500

0

100

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800

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1,000

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ASEAN-China Free Trade Agreement (ACFTA)


0

100

200

300

400

500

600

700

800

900

1,000

0

50

100

150

200

250

300

20 N

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27 N

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ASEAN-Korea Free Trade Agreement (AKFTA)


0

50

100

150

200

250

300

350

0

50

100

150

200

250

20 N

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27 N

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No. o

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ASEAN-Japan Comprehensive Economic Partnership (AJCEP)


0

100

200

300

400

500

600

700

800

0

50

100

150

200

250

300

350

20 N

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ASEAN-India Free Trade Agreement (AIFTA)


0

200

400

600

800

1,000

1,200

0

50

100

150

200

250

300

20 N

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27 N

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No. o

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ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA)




Number and Value of Preferential Certificates of Origin (PCOs)*

Source: Ministry of International Trade and Industry, MalaysiaNote: * Provisional data

0

200

400

600

800

1,000

1,200

0

50

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20 N

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Malaysia-Japan Economic Partnership (MJEPA)


0

50

100

150

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0

10

20

30

40

50

60

70

80

90

100

20 N

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27 N

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1 Ja

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of O

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RM m

il.

Malaysia-Pakistan Closer Economic Partnership (MPCEPA)


0

2

4

6

8

10

12

14

16

0.0

0.1

0.2

0.3

0.4

0.5

0.6

0.7

20 N

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27 N

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4 D

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11 D

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18 D

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Malaysia-New Zealand Free Trade Agreement (MNZFTA)


0

10

20

30

40

50

60

70

80

0

5

10

15

20

25

30

20 N

ov

27 N

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4 D

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11 D

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18 D

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25 D

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1 Ja

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8 Ja

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No. o

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RM m

il.

Malaysia-China Free Trade Agreement (MCFTA)


0

50

100

150

200

250

300

350

400

450

0

10

20

30

40

50

60

20 N

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27 N

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Malaysia-India Comprehensive Economic Cooperation Agreement (MICECA)


0

100

200

300

400

500

600

0

10

20

30

40

50

60

20 N

ov

27 N

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4 D

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Malaysia-Australia Free Trade Agreement (MAFTA)


0

50

100

150

200

250

300

0

50

100

150

200

250

300

350

20 N

ov

27 N

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4 D

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Malaysia-Turkey Free Trade Agreement (MTFTA)




Source : Bank Negara Malaysia

Malaysian Ringgit Exchange Rate with Selected Countries,January 2015 - November 2016

US Dollar

Euro

South Korean Won

Pound Sterling

Australian Dollar

Brunei Dollar

4.3481

4.4596

3.60

3.70

3.80

3.90

4.00

4.10

4.20

4.30

4.40

4.50

4.60

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan

2016 2017

RM

USD 1 = RM

4.73 4.74

3.00

3.20

3.40

3.60

3.80

4.00

4.20

4.40

4.60

4.80

5.00


2016 2017

RM

EUR 1 = RM

0.3610

0.3778

0.32

0.33

0.34

0.35

0.36

0.37

0.38

0.39


2016 2017

RM

KRW 100 = RM

6.27

5.50

4.00

4.50

5.00

5.50

6.00

6.50


2016 2017RM

GBP 1 = RM

3.05

3.32

2.70

2.80

2.90

3.00

3.10

3.20

3.30

3.40


2016 2017

RM

AUD 1 = RM

3.03

3.12

2.75

2.80

2.85

2.90

2.95

3.00

3.05

3.10

3.15


2016 2017

RM

BND 1 = RM



Commodity Prices

Notes: All figures have been rounded to the nearest decimal point * Refer to % change from the previous week’s price i Average price in the year except otherwise indicated Sources: Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Iron and Steel Industry Federation, Bloomberg and Czarnikow Group.

CRUDE PETROLEUM (BRENT)-per bbl-

10 Feb 2017 : US$56.7, 0.2%*

Average Pricei : 2016: US$45.3 2015: US$53.6

CRUDE PALM OIL-per MT-

10 Feb 2017 : US$807.0, 0.4%*

Average Pricei : 2016: US$702.2 2015: US$616.9

RUBBER SMR 20-per MT-

10 Feb 2017 : US$2,193.0, 3.6%*

Average Pricei : 2016: US$1.394.5 2015: US$1.364.3

COAL -per MT-10 Feb 2017 : US$44.1, unchangedAverage Pricei : 2016: US$45.6 2015: US$49.9

COCOA SMC 2-per MT-

10 Feb 2017 : US$1,473.4, 0.8%*

Average Pricei : 2016: US$1,609.8 2015: US$2,077.0

SCRAP IRON HMS-per MT-

13 Feb 2017 : US320.0 (high), unchanged US$290.0 (low), unchangedAverage Pricei : 2016: US$243.2 2015: US$239.6

HIGHEST and LOWEST 2016/2017

Highest 6 Jan 2017 : US$57.1 30 Dec 2016 : US$56.8

Lowest

13 Jan 2017 : US$55.5

15 Jan 2016 : US$28.9

Crude Petroleum

(Brent)-per bbl-

Highest 20 Jan 2017 : US$843.0 30 Dec 2016 : US$797.5

Lowest

15 Jan 2016 : US$545.5 13 Jan 2017 : US$798.8

Crude Palm Oil -per MT-

Domestic Prices13 February 2017

Steel Bars(per MT)

RM2,200 – RM2,350

Billets(per MT)

RM2,050 – RM2,150

SUGAR -per lbs-10 Feb 2017 : US¢ 20.4, 3.2%*

Average Pricei : 2016: US¢18.2 2015: US¢13.2



Commodity Price Trends

Sources: Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Pepper Board, Bloomberg and Czarnikow Group, World Bank, World Gold Council, The Wall Street Journal.

749.0

770.0776.0

786.0789.5

797.5 798.8

812.5

843.0

835.0

810.0 807.0

700

720

740

760

780

800

820

840

860

25 Nov 2 Dec 9 Dec 16 Dec 23 Dec 30 Dec 6 Jan 13 Jan 20 Jan 27 Jan 3 Feb 10 Feb

US$

/mt

Crude Palm Oil

1,797.3

1,770.5

1,729.0

1,653.4

1,585.01,566.0

1,609.81,596.3

1,506.6

1,715.8

1,485.71,473.4

1,400

1,450

1,500

1,550

1,600

1,650

1,700

1,750

1,800

1,850


US$

/mt

Cocoa

19.8

19.119.2

18.2 18.2

19.5

20.820.5

20.220.3

21.1

20.4

16.0

16.5

17.0

17.5

18.0

18.5

19.0

19.5

20.0

20.5

21.0

21.5


US¢

/lbs

Sugar

1,744.51,711.0

1,800.5

2,102.0

1,956.5

1,970.01,995.0

2,228.5

2,166.0

2,303.0

2,221.02,193.0

1,400

1,500

1,600

1,700

1,800

1,900

2,000

2,100

2,200

2,300

2,400


US$

/mt

Rubber SMR 20

6,900 7,088 7,113

7,281

6,917 6,851 6,730 6,337

6,085 5,965

4,516

3,984

4,366

4,736

3,500

4,000

4,500

5,000

5,500

6,000

6,500

7,000

7,500

8,000

8,500

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb

2016 2017

USD

/ to

nne

Black Pepper

* until 10 February 2017




Sources: Ministry of International Trade and Industry Malaysia, , Malaysian Iron and Steel Industry Federation, Bloomberg and Czarnikow Group, World Bank, World Gold Council, The Wall Street Journal.

44.1 44.1 44.1 44.1 44.1 44.1 44.1 44.1 44.1 44.1 44.1 44.1

43.5

43.6

43.7

43.8

43.9

44.0

44.1

44.2


US$

/mt

Coal

1,481

1,531 1,531

1,571 1,551

1,591

1,629 1,641

1,589

1,663

1,737 1,728

1,790

1,400

1,450

1,500

1,550

1,600

1,650

1,700

1,750

1,800

1,850


2016 2017

US$

/ to

nne

Aluminium

4,472

4,599

4,954 4,873

4,695 4,633

4,865

4,759 4,716 4,726

5,451

5,660 5,743

4,000

4,200

4,400

4,600

4,800

5,000

5,200

5,400

5,600

5,800

6,000


2016 2017

US$

/ to

nne

Copper

8,507

8,299

8,717 8,879

8,660

8,906

10,263 10,366

10,176 10,251

11,129 10,972

9,975

7,000

7,500

8,000

8,500

9,000

9,500

10,000

10,500

11,000

11,500


2016 2017

US$

/ to

nne

Nickel

46.1

51.7 51.551.9

53.053.7 54.0

52.4 52.453.2

53.8 53.9

47.2

54.5 54.355.2 55.2

56.8 57.1

55.5 55.5 55.5

56.8 56.7

40

42

44

46

48

50

52

54

56

58

60


US$

/bbl

Crude Petroleum

Crude Petroleum (WTI)/bbl Crude Petroleum (Brent)/bbl




Sources: Ministry of International Trade and Industry Malaysia, Malaysian Iron and Steel Industry Federation, Bloomberg and Czarnikow Group, World Bank.

925.0920.0

927.0

906.0 905.0 903.0

961.0

973.0965.0 967.0

994.0 995.0

840.0

860.0

880.0

900.0

920.0

940.0

960.0

980.0

1,000.0

1,020.0


US$

/oz

Platinum

240.0

250.0

290.0295.0

300.0 300.0 300.0

320.0 320.0 320.0 320.0 320.0

230.0

240.0

270.0

280.0285.0 285.0

290.0 290.0 290.0 290.0 290.0 290.0

150

170

190

210

230

250

270

290

310

330

350

28 Oct 7 Nov 11 Nov 18 Nov 25 Nov 2 Dec 19 Dec 23 Dec 6 Jan 16 Jan 3 Feb 10 Feb

US$

/mt

Scrap Iron

Scrap Iron/MT (High) Scrap Iron/MT(Low)

42.0

47.0

56.0

61.0

55.052.0

57.0

61.058.0 59.0

73.0

80.0 80.0

30.0

40.0

50.0

60.0

70.0

80.0

90.0


2016 2017

US$

/dm

tu

Iron Ore

16.416.6

17.0

16.1

15.8

16.2

16.4

16.7

17.0

16.8

17.5

17.7

14.5

15.0

15.5

16.0

16.5

17.0

17.5

18.0


US$

/oz

Silver

38.2

37.7

37.4

36.4 36.4

36.8

37.8

38.3

38.6

38.1

39.1

39.5

34.0

35.0

36.0

37.0

38.0

39.0

40.0


US$

/oz

Gold



Malaysia Saudi Business Council, 13 February 2017MITI PROGRAMME



MITI @ Your Service

Investment Policy & Trade Facilitation

Noor Wahida NoordinSenior Director

Dg. Shalbia Abdul GhaniDirector

Marweena MananDirector

Zaireen OmarSenior PrincipalAssistant Director

Jamaliah HamzahSenior PrincipalAssistant Director

Fara Azuin AmiruddinPrincipalAssistant Director

Marwan Azizi MahidinPrincipalAssistant Director

Joshua Ngooi Teck HwaPrincipalAssistant Director

Arizal Thani SaadunPrincipalAssistant Director

Shahreen AliasSeniorAssistant Director

Noor Maria ZainudinSeniorAssistant Director

Faezatun Azirah YahayaSeniorAssistant Director

Diana Ja’afarSeniorAssistant Director

Ennie Salina RoseliAssistant Director

Nurazlin Nor AzharAssistant Director

Palani Murugan a/l PanasamyAssistant Director

Dr. Madzli HarunAssistant Director

Nur Sadrina NazriPA to Senior Director

Noraziyah YahyaPA to Director

Bazura SaidSenior Administrative Assistant

Mohd Sham YusoffAdministrative Assistant

Nurul Asikin ArasamanAdministrative Assistant

Nurul ‘Izzah Mohd YusofAdministrative Assistant

Raja Zaiful Izwan Raja RahimAdministrative Assistant

Fatima Az-Zahra Khairul AnuarAdministrative Assistant

Siti Aminah BakriOperational Assistant

Ibrahim Helmi AbdullahAssistant Director

Email: [email protected]



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Trade Performance 2016 Weekly Bulletin... · processed food as well as chemicals and chemical products. Exports to Indonesia amounted to RM27.66 billion, a decrease of 5% attributed