2. Electrical & electronic products, valued at RM125.3 billion, remained as Malaysia’s leading export earner and accounted for 44.3% of total exports during the period January-June 2007. Export revenue from this category of products decreased by 5.9% or RM7.8 billion. The major component, electronic integrated circuits which constituted 28.9% of total exports of electrical & electronic products, however showed an increase of 6.0% or RM2.0 billion to RM36.2 billion.
3. Palm oil & palm oil-based products, the second largest export revenue earner with a total combined value of RM17.9 billion in the first half of 2007, contributed 6.3% to total exports. Exports of palm oil, the major commodity in this group of products, posted a positive growth of 29.8% to RM12.4 billion. This improvement was mainly due to higher export average unit value (f.o.b.) which rose by 42.6% or RM613.6 per tonne over the corresponding period last year. This higher price was more than enough to offset the declining export volume which dropped by 9.0% or 596,000 tonnes.
4. Crude petroleum, the third largest commodity which accounted for 5.2% of total exports, decreased by 8.4% or RM1.3 billion to RM14.6 billion in the first half of 2007. This was attributed chiefly to the lower export average unit value which went down by 8.5% or RM161.7 per tonne.
5. Liquefied natural gas (LNG), which made up 4.6% of total exports, remained as the fourth largest export commodity. Total exports of LNG rose by 14.9% to RM12.9 billion in the first six months of 2007. This increase was the result of higher export average unit value (+2.9% or +RM29.9 per tonne) and larger export volume by 11.7% or 1.3 million tonnes.
6. Timber & timber-based products, the fifth largest export earner (4.1% of total exports), expanded by 7.1% or RM761.2 million to RM11.5 billion. Petroleum products, the sixth largest export commodity (3.0% of total exports), however, recorded a drop of 9.4% in exports to RM8.5 billion in the first half of 2007.
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