Trade Performance : July 2022 and January - July 2022
Highest Trade, Exports and Imports for July
Malaysia’s trade continued its upward trajectory in July 2022, chalking up double-digit growth for trade, exports and imports. This was the highest monthly value for the month of July. Trade rose by 39.8% to RM252.65 billion compared to July 2021, the 18th consecutive month of double-digit growth. Exports increased by 38.0% to RM134.07 billion, the 12th successive month of double-digit growth. Imports expanded by 41.9% to RM118.58 billion and trade surplus grew by 14.3% to RM15.49 billion.
The export growth was driven by higher demand for electrical and electronic (E&E) products, petroleum products as well as liquefied natural gas (LNG). Exports to 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.
On a month-on-month (m-o-m) basis, trade, exports, imports and trade surplus slipped by 6.5%, 8.2%, 4.5% and 29.1%, respectively.
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Trade Performance : July 2022 and January - July 2022
Trade Performance : July 2022 and January - July 2022 (Infographic)
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Prestasi Perdagangan : Julai 2022 dan Januari - Julai 2022
Prestasi Perdagangan : Julai 2022 dan Januari - Julai 2022 (Infografik)
