Exports fell to 141.7 points against 141.9 points in April, while imports fell to 127.9 points from 128.2 points.
In a statement today, DoSM said the fall in the export unit value index was due to a decrease in the index of animal, vegetable oils and fats , mineral fuels and miscellaneous manufactured articles .
"The seasonally adjusted export volume index grew by 24.9 per cent from 136.3 points to 170.3 points. For a year-on-year comparison, the export unit value index plummeted 4.7 per cent while the volume index increased by 4.2 per cent,” it said. The import volume index rose by 12.8 per cent in May 2023 compared to the previous month, due to a rise in the index of mineral fuels , chemicals and machinery and transport equipment .
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