KUALA LUMPUR (Reuters) – Malaysia’s exports fell 4.7% from a year earlier in March, amid coronavirus-related movement restrictions, government data showed on Monday.
The decline, however, was smaller than the 8% fall forecast by analysts surveyed by Reuters. Exports in February had risen 11.8%, the strongest on-year growth in 16 months.
Imports were down 2.7% year-on-year, after surging 11.3% in February.
The trade surplus in March narrowed slightly to 12.3 billion ringgit ($2.84 billion) from 12.6 billion ringgit in the previous month.
(Reporting by Rozanna Latiff; Editing by Himani Sarkar)
