Slower export growth pace in 2018

export growth

Malaysia’s export growth pace in 2018 may throttle down on the back of the stronger ringgit and a slowing global electronics cycle, following a record of high performance last year, The Star reported.

In fact, the slowdown in the exports momentum was already seen in December 2017, as total exports edged up well below market expectations.

According to The Star, Malaysia’s export growth in 2018 could decelerate also due to the result of the technical high base effect, which was caused by the surge in the country’s exports last year.

Moving forward, despite the projected moderation in overall trade, analysts continue to be optimistic on the country’s exports performance.

Continue reading “Slower export growth pace in 2018”