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Nikkei Markets

Malaysia's June exports growth gathers pace

Global trade headwinds cloud prospects of future shipments from a slowing economy

a container yard at North Port in Port Klang outside Kuala Lumpur
Brewing trade tensions between the U.S and its major trading partners on top of escalating geopolitical tension could be a headwind to global trade including Malaysia.   © Reuters

KUALA LUMPUR (Nikkei Markets) -- Malaysia's exports growth picked up pace, rising 7.6% in June from a year earlier, thanks to stronger shipments of electronics and demand from China, official data Friday showed.

Exports in June totalled 78.7 billion ringgit ($19.29 billion), according to data released by the Department of Statistics. That compares with May's 3.4% year-on-year gain. On a month-on-month, seasonally-adjusted basis, exports declined 5.4% in June.

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