imageEconomic Indicators5 hours ago (May 04, 2020 12:15AM ET)

(C) Reuters. A trailer is seen near containers at a Westports container facility in Pulau Indah outside Kuala Lumpur

KUALA LUMPUR (Reuters) – Malaysia’s exports fell 4.7% from a year earlier in March, amid coronavirus-related movement restrictions, government data showed on Monday.

The decline, however, was smaller than the 8% fall forecast by analysts surveyed by Reuters. Exports in February had risen 11.8%, the strongest on-year growth in 16 months.

Imports were down 2.7% year-on-year, after surging 11.3% in February.

The trade surplus in March narrowed slightly to 12.3 billion ringgit ($2.84 billion) from 12.6 billion ringgit in the previous month.

Malaysia’s March exports fall 4.7% year-on-year, smaller drop than forecast

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.