Trade Performance : June 2022 and January - June 2022
New Record High for Trade, Exports and Imports
Malaysia’s trade performance in June 2022 continued its stellar performance, registering an all-time record high for trade, exports and imports. Trade increased by 43.4% to RM270.39 billion compared to June 2021, the 17th consecutive month of double-digit growth. Exports recorded the 11th consecutive month of double-digit expansion, registering a strong growth of 38.8% to RM146.16 billion. Imports rose by 49.3% to RM124.23 billion while trade surplus declined marginally by 0.8% to RM21.93 billion.
The export growth was contributed by strong demand for electrical and electronic (E&E) products, petroleum products, liquefied natural gas (LNG) as well as palm oil and palm oil-based agriculture products. Exports to most major trading partners notably ASEAN, the United States (US), the European Union (EU) and Japan recorded double-digit growth. Highest monthly export value was registered to ASEAN, the US and the EU.
On a month-on-month (m-o-m) basis, trade, exports, imports and trade surplus expanded by 18.4%, 21.3%, 15.2% and 72.7%, respectively.
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Trade Performance : June 2022 and January - June 2022
Trade Performance : June 2022 and January - June 2022 (Infographic)
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Prestasi Perdagangan : Jun 2022 dan Januari - Jun 2022
Prestasi Perdagangan : Jun 2022 dan Januari - Jun 2022 (Infografik)
