KUALA LUMPUR, Jan 26 ― Malaysia maintained its outstanding performance in 2022 in terms of trade, exports, imports and trade surplus, with exports hitting the 12th Malaysia...
KUALA LUMPUR, Jan 26 ― Malaysia maintained its outstanding performance in 2022 in terms of trade, exports, imports and trade surplus, with exports hitting the 12th Malaysia Plan’s target three years earlier than forecast, the Malaysia External Trade Development Corporation said.
“I am glad to share that our exports also exceeded the projection of 12MP for 2025, three years ahead of the target. Imports, meanwhile, breached the RM1 trillion mark for the first time, reaching nearly RM1.3 trillion in 2022,” he said in a statement today. “This affirms Malaysia’s position as a reliable trading partner, accessing new and emerging markets through various trade agreements at the regional and bilateral levels. In 2022, Malaysia’s top 10 export destinations contributed 87.7 per cent share of total exports.
“Matrade has been the main focal point in facilitating Malaysian exporters, ministries, agencies, chambers and associations by connecting them with foreign buyers,” he said.
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