MALAYSIA'S TRADE MAINTAINS ROBUST PERFORMANCE, ACHIEVES RECORD HIGH FOR MONTH OF FEBRUARY#

Highest Trade, Exports and Imports Recorded for February

Malaysia’s trade performance maintained its positive momentum in February 2025, recording a 5.9% year-on-year (y-o-y) growth to reach RM223.89 billion. Exports rose 6.2% to RM118.26 billion while imports increased by 5.5% to RM105.64 billion. This marked the 14th consecutive month of y-o-y trade expansion and the fifth consecutive month of export growth. Meanwhile, trade surplus rebounded to RM12.62 billion, marking the 58th consecutive month of surplus since May 2020. Trade, exports and imports also delivered the highest monthly value in history for the month of February.

The increase in exports was primarily driven by higher demand for manufactured goods (85.7% of total exports) which expanded by 8.8% y-o-y to RM101.3 billion. The increase was attributed mainly to robust exports of electrical and electronic (E&E) products, which increased more than RM7 billion in value. Agriculture goods, particularly palm oil and palm oil-based agriculture products, also helped increase exports. In terms of markets, exports to major trading partners namely ASEAN, the United States (US), the European Union (EU) and Taiwan recorded expansion, largely due to the rising demand for E&E products, especially semiconductor devices and integrated circuits (ICs). This increase was in alignment with the projected 2025 growth of 11.2% for global semiconductor sales by the World Semiconductor Trade Statistics (WSTS). Exports to Free Trade Agreement (FTA) markets including Mexico and Canada have also increased y-o-y, driven by the continued demand for E&E products from these countries.

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Trade Performance : February 2025 and January - February 2025

Trade Performance : February 2025 and January - February 2025 (Infographic)

 

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Prestasi Perdagangan : Februari 2025 dan Januari - Februari 2025

Prestasi Perdagangan : Februari 2025 dan Januari - Februari 2025 (Infografik)