MATRADE Organisation MATRADE Annual Report 2022 Tan Sri Dr. Halim Mohammad Chairman, MATRADE 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. 13 DRIVING EXPORTS FORWARD WITH DIGITALISATION Post-pandemic, MATRADE harnessed digital technology to ensure that trade and export activities continued to flourish. The success of the Malaysia International Halal Showcase (MIHAS) 2022, carried out in a hybrid format for the first time, stands testament to this focus. The event generated a record-breaking RM2.39 billion in sales, encompassing RM1.65 billion in exhibition sales and RM745.20 million from the International Sourcing Programme (INSP), where RM650.8 million represented physical sales and RM94.3 million accounted for virtual sales. Conforming to the National Trade Facilitation Plan (NTBp) aspirations, trade associations and their members have been prioritised via the Empowering Trade Associations (ETA) programme, targeting the empowerment of the export ecosystem and enhancing the country’s exports. Moreover, Malaysia’s exports were further bolstered through the implementation of Free Trade Agreements (FTAs) signed under the Regional Comprehensive Economic Partnership (RCEP) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), commencing in 2022. FORTIFYING RESILIENCE In the face of global economic uncertainties arising from inflationary pressures, geopolitical disputes, and disruptions in global supply chains, MATRADE remains committed to intensifying international trade promotion and export activities. Consequently, more export opportunities will be created for local businesses to maintain competitiveness in the global market. These promotional endeavors will be executed under three primary agendas: Digitalisation, Sustainability, and the National Trade Facilitation Plan (NTBp). Additionally, MATRADE has outlined multiple export promotion programmes for 2023 to bolster the Malaysian exporter community. In conclusion, I express my gratitude to the government for entrusting me with the responsibility to lead MATRADE towards accomplishing its mission and objectives. I also convey my heartfelt appreciation, particularly to the Minister of International Trade and Industry, the Board of Directors, and all MATRADE staff for their unwavering dedication and close collaboration in ensuring the success of the organisation’s initiatives throughout 2022.
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