KUALA LUMPUR: Malaysia's exports likely fell 2.5% from a year earlier in July, a Reuters poll showed on Tuesday, declining for the second month in a row.
Estimates among the 11 economists surveyed, however, ranged widely between an annual decline of 6.3% and an expansion of 1.4%.
In June, exports dropped 3.1% year-on-year as shipments to key markets tumbled and demand for manufactured goods slowed.
July's imports were forecast to fall 7% from a year earlier, slower than the 9.2% decline posted in June, the poll showed.
Malaysia reports trade data in ringgit . The country's trade surplus likely widened slightly to RM10.7 billion ($2.55 billion) in July from RM10.3 billion in June. - Reuters
source https://www.thesundaily.my/business/malaysia-s-exports-seen-falling-again-in-july-GF1326844
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