| Trade Grows by almost 13% amidst Global Crisis in Sep, Grows rapidly with China |
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| Thursday,November 06,2008 Posted: 11:36 BJT(0336 GMT) The Economic & Commercial Counsellor's Office of the P.R. China in Malaysia |
Despite the global financial crisis, Malaysia’s total trade grew to RM915.4bil in the first nine months of the year, 12.8% more than the RM811.38bil in the corresponding period last year.
And Malaysia’s trade was expected to breach RM1tril by the end of this year, International Trade and Industry Minister Tan Sri Muhyiddin Yassin said.
Exports from January to September this year, at RM512.21bil, were 16% higher than in the corresponding period last year, attributed to the widening of markets and further diversification of products.
Singapore, the United States, China, Japan and India were the top five export destinations. Both the import and export between Malaysia and China grew rapidly from January to September this year, China ranked the third in importing from Malaysia and did the first in exporing to it.
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