The export unit value index grew 1.3 per cent in January 2022 as compared with the previous month, supported by the increases in the index of animal & vegetable oils & fats (+3.3%), mineral fuels (+2.1%) and machinery & transport equipment (+1.3%), Department Of Statistics Malaysia said
On the other hand, it said that the export volume index fell 11.8 per cent in the same month, reflected by the deterioration in the index of miscellaneous manufactured articles (-15.4%), machinery & transport equipment (-11.4%) and mineral fuels (-7.8%).The seasonally adjusted export volume index grew 0.5 per cent from 154.4 points to 155.1 points.
It said that on annual comparison, both export unit value and volume index grew 15.5 per cent and 7.0 per cent, respectively.
DOSM said that the import unit value index dropped 0.5 per cent in January 2022 as compared with the previous month, attributed to the deterioration in the index of mineral fuels (-4.6%), machinery & transport equipment (-0.3%) and chemicals (-0.2%).
Likewise, DOSM said that the import volume index fell by 0.04 per cent in January 2022 as compared to the preceding month, attributed to the deterioration in the index of miscellaneous manufactured articles (-4.2%), machinery & transport equipment (-2.8%) and inedible crude materials (-0.3%).
It said that the seasonally adjusted import volume index in January 2022 increased by 1.5 per cent from 166.8 points to 169.3 points. On a year-on-year basis, both the import unit value and volume indices expanded 7.1 per cent and 18.1 per cent, respectively.
