Miti Blog

Ministry of International Trade and Industry Malaysia Official Blog

Malaysia's Trade in Services Performance

Posted by admin2 on July 6, 2015 at 5:56 pm
Total trade in services for the first quarter of 2009 amounted to RM45.2 billion, registering a slight decrease of 5.2% from that recorded in the first quarter of 2008.

In the same period, exports registered a slight increase to RM23.9 billion as compared with RM23.8 billion in Q1 2008. Imports however decreased to RM21.3 billion from RM23.9 billion in Q1 2008.Trade in services recorded a surplus of RM2.6 billion in Q1 2009.
 

MALAYSIA – SERVICES EXPORTS* BY MAJOR COMPONENT, Q1 2005 – Q1 2009image

Notes: Other Services refer to communication, construction, insurance, financial, computer and information, professional and technical, personal and cultural, management and other business services rendered,royalties and license fees. 
(*) excluding government transactions
 
In Q1 2009, travel was the largest contributor to exports of services, accounting for 51.9% of total exports, while ‘other services’ accounted for 33.1% and transportation 14.6%.

MALAYSIA – SERVICES IMPORTS* BY MAJOR COMPONENT, Q1 2005 – Q1 2009image

Note: (*) excluding government transactions 
In Q1 2009, ‘other services’ formed the largest contributor to imports of services 
accounting for 46.5% of total imports, while transportation and travel accounted for 30.0% and 23.0% respectively.

MALAYSIA – SERVICES TRADE BALANCE BY MAJOR COMPONENT, Q1 2005 – Q1 2009image



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