TRADE PERFORMANCE 2018

Largest Trade Surplus since 2012 as Exports reached almost RM1 trillion in 2018

Supported by stronger than expected export growth, Malaysia’s total trade in 2018 remained resilient, expanding by 5.9% to RM1.876 trillion, compared with RM1.771 trillion in 2017.

Despite the uncertainties in the global environment, exports rose by 6.7% to reach a value of RM998.01 billion, surpassing the forecast export growth of 4.4% in the Economic Outlook 2019. Imports increased by 4.9% to RM877.74 billion.

Malaysia’s trade surplus widened by 22.1% to RM120.27 billion, registering the fastest rate in 10 years and the largest trade surplus since 2012. This was the 21st consecutive year of trade surplus since 1998.

 

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Trade Performance : December 2018 and January - December 2018