MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY
Weekly
Weekly BULLETIN BULLETIN
VOLUME 690 VOLUME 690
24 May 2022 | NO. ISSN :2180-0448 24 May 2022 | NO. ISSN :2180-0448
LABOUR PRODUCTIVITY, Q1 2022 LABOUR PRODUCTIVITY, Q1 2022
M ala ysia S ta tistics
M ala ysia S ta tistics
BALANCE OF PAYMENTS, Q1 2022
BALANCE OF PAYMENTS, Q1 2022
M ala ysia S ta tistics
IIP, Q1 2022
IIP, Q1 2022
M ala ysia S ta tistics
CONSTRUCTION, Q1 2022
CONSTRUCTION, Q1 2022
M ala ysia S ta tistics
VOLUME INDEX OF SERVICES, Q1 2022
VOLUME INDEX OF SERVICES, Q1 2022
Source: https://www.trademap.org/index.aspx
In ter na tional M er chandise T rade
MALAYSIA AS SECOND LARGEST EXPORTERS IN THE WORLD OF BOAT OR DOCK FENDERS, WHETHER OR NOT INFLATABLE, OF VULCANISED RUBBER
(EXCLUDING HARD RUBBER AND THOSE OF CELLULAR RUBBER)
MALAYSIA’S TOP EXPORT DESTINATIONS
P.R.CHINA US$ 46.9m
29.3%
MALAYSIA US$ 10.4m
6.5%
INDIA US$ 8.3m
5.2%
SINGAPORE US$ 7.9m
5.0%
JAPAN US$ 8.5m
5.3%
1
4 5
3 2
In 2020, Malaysia’s export of Boat or dock fenders, whether or not inflatable, of vulcanised rubber (excluding hard rubber and those of cellular rubber) recorded US$ 10.4 million which was 10.4% share of the world exports.
Notes:
-*HS401694
-% refer to share in world exports
Germany US$ 1.87m
2
4 5
3
Singapore US$ 1.73m
USA US$ 1.63m Vietnam
US$ 0.93m
Indonesia
US$ 0.41m
Number and FOB Value of PCO as at 15 May 2022 Weekly / Monthly/ Annually
0 2,000 4,000 6,000 8,000 10,000 12,000 14,000
27 Feb 6 Mac 13 Mac 20 Mac 27 Mac 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May 2022
No. of Certificate of Origin
Total CO by Scheme
AANZFTA AIFTA AJCEP ATIGA ACFTA AKFTA MICECA MNZFTA
MCFTA MAFTA MJEPA MPCEPA GSP MTFTA AHKFTA
0 2,000 4,000 6,000 8,000 10,000 12,000 14,000
8 9 10 11 12 13 14 15 16 17 18 19 20
2022 Total No of CO
TOTAL BILATERAL TOTAL REGIONAL
0 100,000 200,000 300,000 400,000 500,000 600,000 700,000 800,000 900,000 1,000,000
Total No of CO
TOTAL BILATERAL TOTAL REGIONAL 0
10,000 20,000 30,000 40,000 50,000 60,000
Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
2021 2022
Total No of CO
TOTAL BILATERAL TOTAL REGIONAL
Weekly
Annually Monthly
Note: *Provisional Data Source: Ministry of International Trade and Industry, Malaysia
Weekly Total
Scheme
Regional FTA
Number of Preferential Certificates of Origin (PCOs) as at 15 May 2022
0 500 1,000 1,500 2,000 2,500 3,000 3,500 4,000 4,500 5,000
27 Feb 6 Mac 13 Mac 20 Mac 27 Mac 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May
2022
No. of Certificate of Origin
ASEAN Trade in Goods Agreement (ATIGA)
0 500 1,000 1,500 2,000 2,500 3,000
27 Feb 6 Mac 13 Mac 20 Mac 27 Mac 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May
2022
No. of Certificate of Origin
ASEAN-China Free Trade Agreement (ACFTA)
0 100 200 300 400 500 600 700 800 900 1,000
27 Feb 6 Mac 13 Mac 20 Mac 27 Mac 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May
2022
No. of Certificate of Origin
ASEAN-Korea Free Trade Agreement (AKFTA)
0 50 100 150 200 250 300 350 400
27 Feb 6 Mac 13 Mac 20 Mac 27 Mac 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May
2022
No. of Certificate of Origin
ASEAN-Japan Comprehensive Economic Partnership (AJCEP)
0 100 200 300 400 500 600 700 800
27 Feb 6 Mac 13 Mac 20 Mac 27 Mac 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May
2022
No. of Certificate of Origin
ASEAN-India Free Trade Agreement (AIFTA)
0 200 400 600 800 1,000 1,200 1,400
27 Feb 6 Mac 13 Mac 20 Mac 27 Mac 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May
2022
No. of Certificate of Origin
ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA)
0 2 4 6 8 10 12
27 Feb 6 Mac 13 Mac 20 Mac 27 Mac 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May
2022
No. of Certificate of Origin
ASEAN-Hong Kong, China Free Trade Agreement (AHKFTA)
Note: *Provisional Data Source: Ministry of International Trade and Industry, Malaysia
Bilateral FTA
Number of Preferential Certificates of Origin (PCOs) as at 15 May 2022
Note: *Provisional Data Source: Ministry of International Trade and Industry, Malaysia
0 100 200 300 400 500 600 700 800 900 1,000
27 Feb 6 Mac 13 Mac 20 Mac 27 Mac 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May
2022
No. of Certificate of Origin
Malaysia-Japan Economic Partnership Agreement (MJEPA)
0 20 40 60 80 100 120 140 160 180 200
27 Feb 6 Mac 13 Mac 20 Mac 27 Mac 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May
2022
No. of Certificate of Origin
Malaysia-Pakistan Closer Economic Partnership Agreement (MPCEPA)
0.00 2.00 4.00 6.00 8.00 10.00 12.00
27 Feb 6 Mac 13 Mac 20 Mac 27 Mac 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May
2022
No. of Certificate of Origin
Malaysia-New Zealand Free Trade Agreement (MNZFTA)
0 20 40 60 80 100 120 140 160 180
27 Feb 6 Mac 13 Mac 20 Mac 27 Mac 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May
2022
No. of Certificate of Origin
Malaysia-Chile Free Trade Agreement (MCFTA)
0 50 100 150 200 250 300 350
27 Feb 6 Mac 13 Mac 20 Mac 27 Mac 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May
2022
No. of Certificate of Origin
Malaysia-India Comprehensive Economic Cooperation Agreement (MICECA)
0 100 200 300 400 500 600
27 Feb 6 Mac 13 Mac 20 Mac 27 Mac 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May
2022
No. of Certificate of Origin
Malaysia-Australia Free Trade Agreement (MAFTA)
0 50 100 150 200 250 300 350 400
27 Feb 6 Mac 13 Mac 20 Mac 27 Mac 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May
2022
No. of Certificate of Origin
Malaysia-Turkey Free Trade Agreement (MTFTA)
Malaysian Ringgit Exchange Rate with Selected Countries, January 2021 - April 2022
Source : Bank Negara Malaysia
US Dollar
Canadian Dollar
New Zealand Dollar
Swiss Franc
Saudi Riyal
Myanmar Kyat
4.0369
4.2666
4.01 4.06 4.11 4.16 4.21 4.26 4.31
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
2021 2022
RM
USD 1 = RM
3.1746
3.4007
3.3817
3.05 3.10 3.15 3.20 3.25 3.30 3.35 3.40 3.45
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
2021 2022
RM
CAD 1 = RM
2.9058
2.9807
2.7942 2.8878
2.70 2.75 2.80 2.85 2.90 2.95 3.00
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
2021 2022
RM
NZD 1 = RM
4.5538
4.4253
4.6206
4.5217
4.30 4.35 4.40 4.45 4.50 4.55 4.60 4.65
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
2021 2022
RM
CHF 1 = RM
107.6301
113.7576
107.0 108.0 109.0 110.0 111.0 112.0 113.0 114.0 115.0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
2021 2022
RM
SAR 100 = RM
0.3045
0.2295 0.2332
0.225 0.235 0.245 0.255 0.265 0.275 0.285 0.295 0.305 0.315
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
2021 2022
RM
MMK 100 = RM
0.9%*
US$112.6
4.1%*
US$20.0
5.4%*
US$336.4
3.1%*
US$1,531.4
2.9%*
US$1,638.5
SUGAR -per lbs-
Commodity Prices
Sources: Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Iron and Steel Industry Federation, and Bloomberg.
Notes: All figures have been rounded to the nearest decimal point * Refer to % change from the previous week’s price i Average price in the year except otherwise indicated
8.4%*
US$460.0 (low)
2.8%*
US$530.0 (high)
20 May 2022 0.7%*
US$1,523.6 RUBBER SMR 20 -per MT- COCOA SMC 2 -per MT-
COAL -per MT- SCRAP IRON HMS -per MT-
Average Price 2021
i: US$1,689.1 Average Price 2021
i: US$1,505.9 Average Price 2021
i: US $17.9
Average Price 2021
i: US$486.4 (high) Average Price 2021
i: US$468.1 (low) Average Price 2021
i: US$120.5
Domestic Prices
20 May 2022
Steel Bars
(per MT)
RM3,350 – RM3,500
Billets
(per MT) RM3,110
20 May 2022 20 May 2022 20 May 2022
20 May 2022
CRUDE PETROLEUM (BRENT) -per bbl-
20 May 2022
CRUDE PALM OIL -per MT-
20 May 2022
22 Oct 2021 : US$85.5
Highest
2021/2022
25 Mac 2022 : US$120.7
7 Jan 2022 : US$81.8 15 Jan 2021 : US$55.1
Lowest 2021/2022
29 Oct 2021 : US$1,302.0
Highest
2021/2022
11 Mac 2022 : US$1,774.7
14 Jan 2022 : US$1,267.7 18 Jun 2021 : US$844.6
Lowest
2021/2022
Average Price 2021
i: US$71.1 Average Price 2021
i: US$1,075.3
Commodity Price Trends
Sources: Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Pepper Board, Bloomberg and Czarnikow Group, World Bank, World Gold Council, The Wall Street Journal.
1,565.0 1,657.7
1,528.7
1,598.8 1,621.5 1,617.1 1,625.9
1,590.2
1,571.5
1,538.0
1,512.4 1,523.6
1,500 1,520 1,540 1,560 1,580 1,600 1,620 1,640 1,660 1,680 1,700
4 Mar 11 Mar 18 Mar 25 Mar 1 Apr 8 Apr 14 Apr 22 Apr 29 Apr 6 May 13 May 20 May 2022
US$/mt
Cocoa
1,764.0 1,782.5
1,723.5 1,735.0 1,755.5 1,753.5
1,737.5
1,685.0
1,624.5 1,609.0
1,592.5 1,638.5
1,570 1,620 1,670 1,720 1,770 1,820 1,870
4 Mar 11 Mar 18 Mar 25 Mar 1 Apr 8 Apr 14 Apr 22 Apr 29 Apr 6 May 13 May 20 May 2022
US$/mt
Rubber SMR 20
115.7 109.3
104.7 113.9
99.3 96.6
107.0 102.1
104.7
109.8 110.5 110.3 118.1
112.7 107.9
120.7
104.4 100.9
111.2
106.2 107.1
112.4 111.6 112.6
80.0 85.0 90.0 95.0 100.0 105.0 110.0 115.0 120.0 125.0 130.0
4 Mar 11 Mar 18 Mar 25 Mar 1 Apr 8 Apr 14 Apr 22 Apr 29 Apr 6 May 13 May 20 May 2022
US$/bbl
Crude Petroleum
Crude Petroleum (WTI)/bbl Crude Petroleum (Brent)/bbl 19.4
19.2
18.9 19.6
19.4 20.3
20.0
19.2 19.2
19.2 19.2
20.0
18.0 18.5 19.0 19.5 20.0 20.5 21.0
4 Mar 11 Mar 18 Mar 25 Mar 1 Apr 8 Apr 14 Apr 22 Apr 29 Apr 6 May 13 May 20 May 2022
US¢/lbs
Sugar
1,635.1 1,774.7
1,520.8 1,578.5
1,485.2 1,548.0
1,570.1
1,573.4 1,744.8
1,621.6
1,580.6
1,531.4
1,450 1,500 1,550 1,600 1,650 1,700 1,750 1,800
4 Mar 11 Mar 18 Mar 25 Mar 1 Apr 8 Apr 14 Apr 22 Apr 29 Apr 6 May 13 May 20 May 2022
US$/mt
Crude Palm Oil
4,321
4,314 4,303
4,284 4,297
4,285 4,277
4,198
4,149 4,136
4,113 4,113
4,050.0 4,100.0 4,150.0 4,200.0 4,250.0 4,300.0 4,350.0
4 Mar 11 Mar 18 Mar 25 Mar 1 Apr 8 Apr 14 Apr 22 Apr 29 Apr 6 May 13 May 20 May 2022
US$/mt
Pepper
25.8 26.2
25.1 25.6
24.7 24.8
25.7
24.3
23.1 22.4
21.0 21.7
20.0 21.0 22.0 23.0 24.0 25.0 26.0 27.0
4 Mar 11 Mar 18 Mar 25 Mar 1 Apr 8 Apr 14 Apr 22 Apr 29 Apr 6 May 13 May 20 May 2022
US$/oz
Silver
62.5 63.6
62.2 62.8
62.0 62.4
63.1 62.4 61.5
60.5
58.2 59.0
57.0 58.0 59.0 60.0 61.0 62.0 63.0 64.0
4 Mar 11 Mar 18 Mar 25 Mar 1 Apr 8 Apr 14 Apr 22 Apr 29 Apr 6 May 13 May 20 May 2022
US$/g
Gold
Sources: Ministry of International Trade and Industry Malaysia, , Malaysian Iron and Steel Industry Federation, Bloomberg and Czarnikow Group, World Bank, World Gold Council, The Wall Street Journal.
1,460 1,466 1,569 1,644 1,737 1,744 1,806 1,935 2,015 2,004 2,079 2,190 2,319 2,
434 2,447 2,498 2,603 2,835 2,934 2,636 2,696 3,006 3,246 3,498 3,244
1,200 1,700 2,200 2,700 3,200 3,700
Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
2020 2021 2022
US$/ tonne
Aluminium
5,058 5,240 5,755 6,372 6,499 6,705 6,714 7,069 7,772 7,972 8,471 8,988 9,325 10,162 9,632 9,451 9,370 9,325 9,829 9,729 9,551 9,782 9,943 10,
231 10,161
4,000 5,000 6,000 7,000 8,000 9,000 10,000 11,000
Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
2020 2021 2022
US$/ tonne
Copper
11,804 12,180 12,727 13,402 14,538 14,857 15,239 15,
808 16,
823 17,863 18,584 16,407 16,521 17,577 17,980 18,819 19,141 19,377 19,362 19,933 20,016 22,355 24,016 33,924 33,133
7,000 12,000 17,000 22,000 27,000 32,000 37,000
Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
2020 2021 2022
US$/ tonne
Nickel
Commodity Price Trends
84.73 93.65 103.30 108.52 121.07 123.75 119.78 124.36 155.
43 169.
63 163.80 168.18 179.83 207.72 214.43 214.14 162.16 124.52 122.91 96.24 116.96 132.53 142.84 152.07 151.25
50.0 70.0 90.0 110.0 130.0 150.0 170.0 190.0 210.0 230.0
Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
2020 2021 2022
US$/dmtu
Iron Ore
1,116.8 1,088.6
1,035.9
1,008.5 988.6
975.6 994.2
927.4 939.6
956.0 930.7
941.1 900.0
950.0 1,000.0 1,050.0 1,100.0 1,150.0 1,200.0
4 Mar 11 Mar 18 Mar 25 Mar 1 Apr 8 Apr 14 Apr 22 Apr 29 Apr 6 May 13 May 20 May 2022
US$/oz
Platinum
623.0 623.0
623.0
649.0 649.0 645.0 645.0 645.0 645.0 645.0
545.0
530.0 529.0 529.0 529.0
605.0 605.0 587.0
587.0 587.0
587.0 587.0
502.0
460.0 450.0
500.0 550.0 600.0 650.0 700.0
7 Mar 14 Mar 21 Mar 28 Mar 4 Apr 11 Apr 18 Apr 25 Apr 2 May 9 May 16 May 23 May 2022
US$/mt
Scrap Iron
Scrap Iron/MT (High) Scrap Iron/MT(Low)432.5
364.0
324.0 324.9
265.4 295.0
322.6 326.7 322.9 319.5 319.0 336.4
200.0 250.0 300.0 350.0 400.0 450.0 500.0
4 Mar 11 Mar 18 Mar 25 Mar 1 Apr 8 Apr 14 Apr 22 Apr 29 Apr 6 May 13 May 20 May 2022
US$/t