Trade Performance : March 2023 and January - March 2023
The Highest Trade Surplus Recorded for the Month of March
Malaysia’s trade surplus in March 2023 widened to RM26.69 billion as compared to March 2022. This was the 35th consecutive month of trade surplus since May 2020 and the highest trade surplus ever recorded for the month of March. While trade surplus expanded, trade for the month declined by 1.6% to RM232.72 billion. Exports totalled RM129.71 billion, contracted by 1.4% and imports declined by 1.8% to RM103.01 billion.
Compared to February 2023, trade, exports, imports and trade surplus recorded double-digit growth of 13.5%, 15.5%, 11.1% and 36.4%, respectively.
Trade for the first quarter (Q1) of 2023 grew by 3.2% to RM644.87 billion compared to Q1 2022. Exports increased by 2.8% to RM354.63 billion and imports expanded by 3.7% to RM290.24 billion. Trade surplus edged down by 1% to RM64.39 billion. Trade, exports and imports registered the highest value for the period.
Compared to the fourth quarter (Q4) of 2022, trade, exports, imports and trade surplus were down by 10.2%, 9.8%, 10.7% and 5.2%, respectively.
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Trade Performance : March 2023 and January - March 2023
Trade Performance : March 2023 and January - March 2023 (Infographic)
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Prestasi Perdagangan : Mac 2023 dan Januari - Mac 2023
Prestasi Perdagangan : Mac 2023 dan Januari - Mac 2023 (Infografik)
