Exports to the US (+11.7 percent to MYR6.63 percent) and Singapore (+15.4 percent to MYR9.15 billion). In contrast, sales fell to China (-16.6 percent to MYR6.75 percent), Japan (-18.7 percent to MYR4.41 billion) and Thailand (-12.4 percent to MYR3.16 billion).
Imports declined by 2.3 percent from a year earlier to MYR52.29 billion, as compared to a 5.5 percent drop in the preceding month and market estimates of a 0.8 percent gain. The decline was driven by intermediate goods and capital goods. Inbound shipments of intermediate goods shrank 6.8 percent to MYR29.7 billion and accounted for 56.8 percent of total imports, led by drop in fuel and lubricants, primary (-48.9 percent), fuel & lubricants, processed, others (-54.2 percent). Those of capital goods fell narginally by 0.02 percent to MYR7.0 billion, representing 13.4 percent share. In contrast, imports of consumption goods rose 15.3 percent to MYR5.6 billion and accounted for 10.7 percent of total imports, due to the rise in semi-durables (+28.6 percent), food and beverages, primary (+16.3 percent) and food and beverages, processed (+7.9 percent).
Compared to the previous month, exports declined by 7.9 percent while. imports also dropped by 5.6 percent.
In March 2016, trade surplus stood at MYR11.2 billion.