Corporate Info

How did Malaysia perform in trade throughout the challenging year of 2022? Which markets reigned supreme and what sectors were the key export contributors for Malaysia? What are MATRADE’s initiatives in 2022 to Malaysian companies during country’s recovery phase? These are some of the questions answered in MATRADE’s Annual Report for year 2022. Read more to gain the insights.

MATRADE undertook various efforts to achieve its founding goals, which encompass exporter development and export promotion.

These efforts involve exporter capacity-building programmes, export promotion, trade information dissemination and the provision of advisory services and support.

During the country’s recovery phase, MATRADE continued its initiatives by leveraging on digital technology and platforms to ensure the continuity of the country’s exports. Existing programmes were adapted to the practice of new norms.

These efforts enabled MATRADE to fulfill its mandate of driving exports and making Malaysia a competitive trade nation on the global stage.

In 2022, Malaysia continued its encouraging growth with another record-braking performace in trade, export, import and trade surplus recorded all-time highs.

Trade recorded a two digit growth of 27.6% to RM2.844 billion compared to 2021.

Exports grew 24.9% to RM1.55 trillion, exceeding the 12th MP projection, three years earlier than the target set in 2025.

Imports rose 31% to RM1.294 trillion.,which is a new record that surpasses RM1 trillion for the first time. Trade surplus increased 1% to RM256.2 billion sustaining the trade surplus for 25 consecutive years since 1998.

MATRADE possesses a database of over 10,544 export oriented companies in Malaysia. These companies are assisted in ensuring sustainable export growth of Malaysian products and services. In 2022, MATRADE’s exporter capacity-building programme benefitted 19,494 companies, while the export promotion progammes involved 3,271 companies.

MATRADE also continued to offer new strategic directions to companies in Malaysia by emphasising the use of digital technology and sustainability initiatives to ensure long-term growth. Moving forward, MATRADE remains committed in strengthening the country’s economy in its role as the leading organisation in steering and advancing the country’s export activities.


MALAYSIA EXTERNAL TRADE DEVELOPMENT CORPORATION ACT 1992

Incorporating all amendments up to 1 January 2006 

Download MATRADE Act

The Board has a balanced representation from relevant government ministries, heads of key industries as well as leaders of business chambers and associations.

The Board convenes every quarter to review MATRADE’s performance as well as formulating further direction of the organisation in a holistic approach. Among the primary task of the Board is to position Malaysia as globally competitive trading nation.

Chairman

Dato Seri Reezal Merican Naina Merican

YB Dato' Seri Reezal Merican Naina Merican

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Senior Board Member

Dato Hazimah Zainuddin

YBhg. Dato' Hazimah Zainuddin

Group Managing Director & Founder

Hyrax Oil Sdn Bhd

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Board Members

Dato Hairil Yahri Yaacob

YBhg. Dato' Hairil Yahri Yaacob

Secretary General

Ministry of Investment, Trade and Industry (MITI)

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Datuk Mohd Mustafa Abdul Aziz 2

YBhg. Datuk Mohd Mustafa Abdul Aziz

Chief Executive Officer

Malaysia External Trade Development Corporation (MATRADE)

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Dato Mohammad Medan Abdullah

YBhg. Dato Mohammad Medan Abdullah

Board Member

Petroleum Sarawak Berhad

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Datuk Dr. Zunika Mohamed

YBhg. Datuk Dr. Zunika Mohamed

Deputy Director General (Policy)

Ministry of Economy

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Dr. Mastura Abdul Karim

YBrs. Dr. Mastura Abdul Karim

Undersecretary

Fiscal and Economics Division (FED), Ministry of Finance

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Datuk Ruben Emir Gnanalingam Abdullah

YBhg. Datuk Ruben Emir Gnanalingam Abdullah

Executive Chairman

Westports Malaysia Sdn. Bhd

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Dato Sri Hajah Shahaniza Haji Shamsuddin

YBhg. Dato’ Sri Hajah Shahaniza Shamsuddin

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Dato Yusran Shah Mohd Yusof

YBhg. Dato’ Yusran Shah Mohd Yusof

Secretary General

Ministry of Plantation and Commodities

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Datuk Seri Fadil Shamsuddin

YBhg. Datuk Seri Ahmad Fadil Shamsuddin

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Dato Teng Chee Wai

YBhg. Dato' Teng Chee Wai

Managing Director & Executive Director

AHAM Asset Management Berhad

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Datin Nooryana Najwa Dato Sri Mohd Najib

YBhg. Datin Nooryana Najwa Dato’ Sri Mohd Najib

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Vision

Positioning Malaysia As A Globally Competitive Trading Nation

Mission

Promoting Malaysia's Enterprises To The World

 

MATRADE’s mission is to develop and promote Malaysia’s export to the world and its functions are:

  • To promote, assist and develop Malaysia’s external trade with particular emphasis on the export of manufactured and semi-manufactured products and, on a selective basis, imports;
  • To formulate and implement a national export marketing strategy to promote the export of manufactured and semi-manufactured products;
  • To undertake commercial intelligence and market research and create a comprehensive database of information for the improvement and development of trade;
  • To organise training programmes to improve the international marketing skills of the Malaysian exporters;
  • To enhance and protect Malaysia’s international trade interests abroad;
  • To represent Malaysia in any international forum in respect of any matter relating to trade;
  • To develop, promote, facilitate and assist in service areas related to trade; and
  • To advise the Government on matters affecting or in any way connected with trade and to act as the agent of the Government or for any person, body or organisation on such matters.

 

MATRADE’s objectives are:

  • To raise the profile of Malaysian exporters in foreign markets;
  • To disseminate timely and relevant information and market intelligence to help Malaysian companies gain a competitive edge in foreign markets;
  • To introduce Malaysian companies to foreign importers seeking Malaysian suppliers; and
  • To undertake activities to promote the export of Malaysian goods and services in overseas markets.

 

MATRADE is also actively involved in assisting foreign companies to source for suppliers of Malaysian products and services, and is represented worldwide at more than 49 locations in major commercial cities. In Malaysia, MATRADE has five local branches in Penang, Terengganu, Johor, Sabah, and Sarawak.