MATRADE Annual Report 2022

TOWARDS THE FUTURE OF SUSTAINABLE EXPORTS 12 CHAIRMAN’S MESSAGE Emerging stronger from the pandemic-induced challenges, Malaysia demonstrated success in propelling its trade sector in 2022, driving the country’s economy to new heights. At the core of MATRADE and its stakeholders’ mission lies the objective of enabling Malaysian companies to augment the nation’s exports. In spite of immense global adversity, the Malaysian business community has remained competitive, bolstered by robust global demand, elevated commodity prices, and the export of an array of highvalue products. Malaysia’s trade reached a pinnacle in 2022 as exports, imports, and trade surplus all attained peak values. Notably, Malaysian exports surpassed the 12th Malaysia Plan (12MP) targets three years earlier than the envisioned 2025 timeline. Trade performance in 2022 exceeded RM2 trillion for the second consecutive year, marking the swiftest growth since 1994, with exports escalating by 25% to RM1.55 trillion

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