Malaysia’s export and import unit value indices declined 0.2 per cent in May 2023, with exports falling to 141.7 points against 141.9 points in April while imports fell to 127.9 points from 128.2 points, said the Statistics Department Malaysia (DoSM).
In a statement today, DoSM said the fall in the export unit value index was due to a decrease in the index of animal, vegetable oils and fats (-1.9 per cent), mineral fuels (-0.1 per cent) and miscellaneous manufactured articles (-0.1 per cent).
Meanwhile, it noted that the export volume index increased by 13.9 per cent in the same month, in line with the increase in the index of mineral fuels (+29.5 per cent), miscellaneous manufactured articles (+25.2 per cent) and machinery and transport equipment (+8.0 per cent).
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