Business

Malaysia’s manufacturing sales in April up 13.2% to RM147.9 bil

Growth driven by E&E sub-sector, says chief statistician

Updated 4 years ago · Published on 10 Jun 2022 1:39PM

Malaysia’s manufacturing sales in April up 13.2% to RM147.9 bil
Chief statistician Datuk Seri Mohd Uzir Mahidin says the growth in sales value for April 2022 was driven predominantly by the electrical and electronics products subsector (21.9%), particularly in the computer, electronic, and optical products industries. – Bernama pic, June 10, 2022

KUALA LUMPUR – Malaysia’s manufacturing sales in April grew 13.2% to RM147.9 billion compared with the same month in 2021, said the Statistics Department.

Chief statistician Datuk Seri Mohd Uzir Mahidin said the growth in sales value for April 2022 was driven predominantly by the electrical and electronics products subsector (21.9%), particularly in the computer, electronic, and optical products industries.

“The expansion was also attributed to the food, beverages, and tobacco products subsector (14.9%), supported by food products manufacturing, as well as the petroleum, chemical, rubber and plastic products subsector (6.7%), mainly in the making of coke and refined petroleum products,” he said in a statement today.

Sales value for export-oriented industries accounted for 72.4% of total sales value, recording an increase of 14.5%, while domestic-oriented industries posted an increment of 10.0% in April 2022 versus the same month in 2021.

The growth in the sales value for export-oriented industries parallels the trend in the external trade exports with favourable price factors.

On a month-on-month comparison, export-oriented and domestic-oriented industries grew 2.6% and 1.6%, respectively.

Total employees in the manufacturing sector in April 2022 was 2.29 million, a rise of 2.5% versus 2.23 million in April 2021.

“The increase was contributed by the electrical and electronic products sector (5.2%), transport equipment and other manufactured products sector (3.0%), and the wood, furniture, paper products and printing sector (2.7%),” he added.

April 2022 salaries and wages paid amounted to RM7.71 billion, a 4.5% rise, or RM329.2 million, against the same month a year ago. 

The sales value per employee rose by 10.4% to RM64,562 versus RM58,454 in April 2021, while the average salaries/wages per employee was RM3,367 in April 2022. – Bernama, June 10, 2022

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