Malaysia's Aug exports jump 12.4 pct, twice as much as forecast

Reuters

* Aug exports up 12.4 pct y/y vs Reuters poll f'cast 6.1 pct

* Imports up 14.1 pct y/y vs 12.3 pct forecast

* Trade surplus 7.1 bln rgt, vs 4.7 bln rgt f'cast

* Exports to China climb 21.3 pct y/y; U.S down 4.2 pct y/y

KUALA LUMPUR, Oct 4 (Reuters) - Malaysia's exports in August jumped 12.4

percent from a year earlier, logging the fastest pace since February 2012,

lifted by Southeast Asian demand for refined petroleum products and higher

electronics shipments to China, government data showed on Friday.

Exports rose twice as fast as economists expected as demand for electronic

products rose in line with recovery in the U.S., China and Japan, Malaysia's

major trading partners.

Imports rose 14.1 percent from the same month a year ago and the August

trade surplus was 7.11 billion ringgit ($2.23 billion), according to data from

the Statistics Department.

Economists in a Reuters poll had forecast imports to grow 12.3 percent, and

a trade surplus of 4.7 billion ringgit, wider than July's 2.9 billion ringgit.

For a graphic on Malaysia's exports and imports, please click: http://link.reuters.com/xyb28s

KEY DATA

(Exports and imports in percent, trade in billions of ringgit)

August July June May April March Feb.

Jan.

-----------------------------------------------------------------------------

62.90 60.73 56.75 55.79 55.81 60.01 52.46 56.99

Exports

y/y % 12.4 4.5 -6.9 -5.8 -3.3 -2.9 -7.7 3.5

55.79 57.87 52.43 52.91 54.77 55.14 44.26 53.72

Imports

y/y % 14.1 6.2 1.3 -2.3 9.2 7.0 -4.4 16.0

------------------------------------------------------------------------------

7.1 2.9 4.3 2.9 1.04 4.9 8.2 3.3

Balance

MAIN EXPORTS

August 2013 % of % change

(mln rgt) total vs year ago

Electrical & Electronic Products 20,696.2 32.9 8.2

Palm oil 3,949.1 6.3 -9.8

Liquefied natural gas 5,111.6 8.1 -3.2

Chemicals and products 4,131.7 6.6 12.5

Crude oil 2,373.1 3.8 19.3

Refined petroleum products 6,636.6 10.6 92.0

Machinery 2,106.4 3.3 6.1

Rubber products 1,566.3 2.5 -1.9

EXPORT MARKETS

(mln rgt) % of total % yr/yr

China 9,116.6 14.5 21.3

Singapore 8,662.0 13.8 13.8

Japan 6,260.0 10.0 -11.3

USA 4,996.7 7.9 -4.2

Thailand 3,464.0 5.5 30.0

($1 = 3.1945 ringgit)

(Reporting by Niluksi Koswanage; Editing by Richard Borsuk)

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