Malaysia's CAB records surplus of 62.8 mln USD in Q2-Xinhua

Malaysia's CAB records surplus of 62.8 mln USD in Q2

Source: Xinhua| 2025-08-15 23:08:45|Editor: huaxia

KUALA LUMPUR, Aug. 15 (Xinhua) -- Malaysia's current account balance (CAB) recorded a surplus of 264.9 million ringgit (62.8 million U.S. dollars) for the second quarter, official data showed Friday.

The Department of Statistics Malaysia (DOSM) said in a statement that Malaysia has sustained a surplus in the CAB during the second quarter amid stronger travel receipts within the services trade and a lower primary income deficit.

The country's exports of goods amounted to 281.6 billion ringgit while imports of goods stood at 264.6 billion ringgit, resulting in a surplus of 17 billion ringgit.

The main drivers of goods exports were electrical and electronics products, petroleum products, palm oil and palm oil-based products. (1 ringgit equals 0.24 U.S. dollars)

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