21 July 2023 Emerging Asia Monitor Malaysia's Export Growth Outlook Remains on Fragile Foundations

Malaysia’s trade surplus jumped to MYR 25.8B in June, from MYR 15.7B in May...
...But we see little cause to celebrate, as the rise was due almost entirely to import growth crashing.
Export growth likely will remain in the red for all of Q3, even as commodity prices exert a smaller drag.

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