Exports in October shrank by 8.6 per cent while imports decreased by 6.6 per cent compared to a year ago.

The International Trade and Industry Ministry said total trade was also lower by 7.7 per cent to RM128.63 billion.

Multi Management and Future Solutions Malaysia: Exports in October shrank by 8.6 for every penny while imports diminished by 6.6 for each penny contrasted with a year back. 

The International Trade and Industry Ministry said add up to exchange was likewise lower by 7.7 for each penny to RM128.63 billion. 

It ascribed the lower send out numbers to the high base impact. 

"Malaysia's fares in October 2016 added up to RM69.2 billion, the most noteworthy recorded up to this point in 2016," it reported. 

Amid the month, fares of fabricated merchandise dropped by 6.7 for every penny with lower fares of makes of metal, apparatus, hardware and parts, petroleum items, elastic items, chemicals and compound items and wood items. 

Fares of rural merchandise rose while fares of mining products dropped because of the decrease in fares of LNG and rough petroleum. 

As far as business sectors, MITI said fares to ASEAN declined by 2.6 for each penny, fares to the EU shrunk by 12 for every penny, fares to the USA shrank by 3.5 for every penny and fares to Japan diminished by 29.1 for every penny. 

Following seven back to back months of decrease, fares to China in October bounced back 3.4 for every penny drove by higher fares of electrical and electronic items.

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