Trade Performance : November 2022 and January - November 2022
Highest Trade, Exports, Imports and Trade Surplus for November
Malaysia’s trade continued its stellar performance and maintained an upward trajectory in November 2022 with trade, exports, imports and trade surplus registering the highest monthly value for the month of November. Trade expanded by 15.6% to RM238.17 billion compared to November 2021, the 22nd consecutive month of year-on-year (y-o-y) double-digit expansion. Exports rose by 15.6% to RM130.24 billion, the 16th successive month of double-digit growth. Imports was higher by 15.6% to RM107.93 billion and trade surplus increased by 15.6% to RM22.3 billion.
The export expansion was underpinned by strong exports of electrical and electronic (E&E) products, liquefied natural gas (LNG), petroleum products as well as crude petroleum. Meanwhile, exports to major trading partners notably ASEAN, the United States (US), the European Union (EU) and Japan recorded double-digit growth.
Compared to October 2022, trade surplus rose by 23.5% while trade, exports and imports contracted by 2.8%, 1% and 4.9%, respectively.
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Trade Performance : November 2022 and January - November 2022
Trade Performance : November 2022 and January - November 2022 (Infographic)
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Prestasi Perdagangan : November 2022 dan Januari - November 2022
Prestasi Perdagangan : November 2022 dan Januari - November 2022 (Infografik)
