KUALA LUMPUR (Jan 7): Malaysian exports rose 6.3% to RM67.6 billion in Nov 2015, from a year earlier, on higher sales of the crucial electrical and electronic (E&E) and oil palm-based products to major importing nations.

In a statement today, the Statistics Department said exports also increased, as sales of refined petroleum and timber-based items grew.

According to the department, Malaysia had exported more goods to the U.S. and European Union countries, besides China, Taiwan and South Korea.

E&E items accounted for 34.2% of Malaysian exports, while oil palm-based products made up 6.4%.
    
Meanwhile, the department said Malaysian imports rose 9.1% to RM57.4 billion from a year earlier, on higher purchases of consumption, intermediate and capital goods.

The department said that Malaysia had bought more goods from China, South Korea, Singapore, Indonesia and the U.S.

In Oct 2015, Malaysian exports climbed 16.7% to RM75.8 billion, from a year earlier; while imports fell 0.4% to RM63.7 billion.