Malaysia’s trade performance continues to impress, with exports rising 4.1% year-on-year in November to 126.57 billion ringgit ($28.31 billion). This marks the second consecutive month of export growth, reflecting the country’s resilience and strategic positioning in global trade.
Key industries, particularly manufactured and agricultural goods, have been instrumental in driving this success. Exports of electrical and electronic products, palm oil and related agriculture goods, as well as machinery and equipment, showcased strong demand, according to the Ministry of Investment, Trade, and Industry.
Overall trade grew by 2.9% year-on-year to 237.85 billion ringgit, while imports rose 1.6% to 111.28 billion ringgit. The trade surplus surged to 15.29 billion ringgit, a remarkable 26.3% increase and the highest level in over a year.
From January to November, Malaysia’s trade expanded by 8.7% year-on-year, totaling 2.62 trillion ringgit. Exports increased by 4.7% to 1.37 trillion ringgit, reinforcing the nation’s role as a global export leader. The impressive trade surplus of 117.94 billion ringgit further highlights Malaysia’s balanced trade strategy and its ability to meet global demand.
Malaysia’s robust performance reflects its adaptability and innovation in key export sectors, underscoring its importance as a trade powerhouse in the region. With a diversified portfolio of goods and a strategic focus on high-demand markets, Malaysia is poised to sustain its trade growth and further strengthen its global economic partnerships.
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