Malaysia External Trade Development Corporation

In 2022, Malaysia’s trade continued to demonstrate a remarkable performance and registered another record-breaking achievement with trade, exports, imports and trade surplus soaring to a new high. This is a positive reflection that the nation’s trade performance is on an upward trajectory, boosted by higher external demand and strong commodity prices.

Trade surpassed RM2 trillion for the second consecutive year and registered the fastest growth since 1994. Exports reached RM1.552 trillion, exceeding the Twelfth Malaysia Plan projection for 2025 by 24%, three years ahead of the target. Meanwhile, imports posted another milestone by surpassing RM1 trillion mark for the first time. Trade surplus was posted for 25th consecutive year since 1998.

In terms of markets, exports to major trading partners notably ASEAN, China, the United States (US), the European Union (EU) and Japan registered a new record high. Significant export growth was also recorded to emerging markets notably Egypt, Sri Lanka, Mozambique, Papua New Guinea, Togo, Djibouti and Afghanistan. Similarly, exports to Free Trade Agreement (FTA) partners registered the highest value thus far. Meanwhile, exports to markets under the Regional Comprehensive Economic Partnership (RCEP) agreement, which came into force last year, posted double-digit expansion.

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Trade Performance : December 2022 and January - December 2022

Trade Performance : December 2022 and January - December 2022 (Infographic)

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Prestasi Perdagangan : Disember 2022 dan Januari - Disember 2022

Prestasi Perdagangan : Disember 2022 dan Januari - Disember 2022 (Infografik)