Laporan Tahunan
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.