29 Trade Performance Report MATRADE Annual Report 2022 KEY HIGHLIGHTS OF TRADE PERFORMANCE IN 2022 • Trade, exports, imports, and trade surplus all recorded their highest amounts to date; • Trade surpassed the RM2 trillion mark for the second consecutive year, with the fastest growth since 1994; • Exports exceeded projections in 12MP; three years ahead of the target year 2025 • 25th consecutive year of trade surplus; • New record amounts for exports to key trading partners ASEAN, China, the United States, the European Union, and Japan; • Significant export growth in emerging markets such of Egypt, Sri Lanka, Mozambique, Papua New Guinea, Togo, Djibouti, and Afghanistan; * syer • New record highs for exports to FTA partners and double-digit growth for exports to markets under the RCEP, which came into effect in 2022; • Double-digit growth for the manufactured goods, agriculture goods, and mining products sectors, with manufactured goods surpassing the RM1 trillion mark for the second year. • Sustained export growth supported by robust performance of electrical and electronic (E&E) products, petroleum products, and liquefied natural gas (LNG) exports. 25% 31.3% PASARAN EKSPORT UTAMA Exports grew Imports grew to a new record to RM1.552 trilion of RM1.296 trilion
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