From TAN SRI LEE LAM THYE, TRUSTEE OF MALAYSIAN UNITY FOUNDATION.
Container ships sit docked next to gantry cranes at Port Klang in this aerial photograph taken over Klang district, Selangor, Malaysia, on Saturday, Jan. 9, 2016. Photographer Sanjit Das/Bloomberg
Compared to January 2024, the trade surplus expanded 6.9% to RM10.87bil in February, marking the 46th consecutive month of surplus since May 2020. Malaysia's shipment's of mining goods rebounded with a double-digit expansion of 16.8% to RM10.74bil, backed by robust exports of liquefied natural gas , crude petroleum as well as petroleum condensates and other petroleum oil.
There was a marginal 0.4% y-o-y decline in trade with the Asean region to RM55.89bil, with exports falling 5.2% y-o-y to RM31.94bil due to lower exports of E&E products.
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