Malaysia Exports Rises In February

Malaysia's exports grew in February, data from the Department of Statistics showed on Monday.

Exports increased 17.6 percent year-on-year to MYR 87.6 billion in February. Economists had expected a rise of 8.8 percent.

Imports gained 12.7 percent annually to MYR 69.7 billion in February. Economists had forecast a 4.0 percent rise.

The trade surplus totaled MYR 17.9 billion in February, which was above the expected level of MYR 15.9 billion.

On a monthly basis, exports declined 2.3 percent in February and imports decreased 4.5 percent.

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