Malaysia's total trade

Malaysia's total trade for December 2022 amounted to RM236.0 billion, an increase of 8.6 pct year-on-year (y-o-y), with exports rising 6.0 pct y-o-y to RM131.9 billion.

Malaysia's external trade surpassed the RM2 trillion mark for the first time in 2021, a 24.9 pct increase year-on-year versus a 3.3 pct decrease in 2020.

Malaysia's total trade recorded double-digit growth of 43.3 pct year-on-year in June 2022, reaching a record high of RM270.39 billion.

Malaysia's total trade recorded a new achievement in 2021, surpassing RM2 trillion and recorded the fastest growth since 1994, the Department of Statistics Malaysia (DOSM) said.

Malaysia's total trade recorded an upward trend, growing 5.5 pct in December 2021 compared to the previous month, said the Department of Statistics Malaysia (DOSM).

Increases in trade were recorded primarily with China, Hong Kong, the United States, the Netherlands, and Taiwan.

He said in September, bilateral trade rose 1.3 per cent to RM21.2 billion, accounting for 16.6 per cent of Malaysia's total trade volume.

MITI says higher trade numbers serve to underline Malaysia's resilience in 2016 despite the challenging global economic environment.

International Trade and Industry Minister Datuk Seri Mustapa Mohamed said the total growth is supported by trades in the ASEAN market.

Malaysia's total trade is expected to grow 2.3 percent in 2016 with gross export and import projected to grow at 1.4 percent and 3.3 percent, respectively.

Malaysia's total trade in April grew by 2.5 per cent to RM110.67 billion, compared with the same month a year ago.

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