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Annual Report 2020

Despite this unprecedented scenario, Malaysia’s external trade performed fairly well with exports rebounded by 5.2% in the second half of 2020 as compared to the negative growth of 7.7% recorded in the first half of the year. This could be attributed to the progressive opening of the economy and gradual recovery of external demand.

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Annual Report 2019

Despite the prevalent volatility in the global export market, Malaysia continued to record a trade surplus, with a double digit growth trend that was repeated for the last three consecutive years. The trade surplus in 2019 increased by 17.7% to RM145.66 billion in 2019 as compared to RM123.78 billion in 2018. This is the highest trade surplus to date and marked the 22nd consecutive year of trade surplus

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Annual Report 2018

Malaysia's trade surplus widened by 25.7% to RM123.78 billion, registering the fastest growth rate in 10 years and the largest trade surplus since 2012.

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Annual Report 2017

Malaysia's trade registered stellar performance in 2017, growing at the highest rate in 13 years. Trade surged by 19.4% to RM1.774 trillion, compared to RM1.486 trillion recorded the previous year. Exports grew significantly by 18.9%, the strongest growth since 2005 to reach a new high of RM935.39 billion. Imports also recorded the highest value of RM838.14 billion, expanding by 19.9%. Trade surplus widened by 10.3% to RM97.25 billion, the largest surplus registered since 2012. This was the 20th consecutive year of trade surplus since 1998.

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Annual Report 2016

Despite uncertainties in the global environment, Malaysia's trade in 2016 remained resilient and registered a trade surplus of RM87.27 billion compared with RM91.48 billion recorded in 2015. This marked the 19th consecutive year that Malaysia has recorded a trade surplus.

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Annual Report 2015

2015 was a challenging year for Malaysia due to factors such as the slowing of China's economy, falling commodity prices and depreciation of Malaysian Ringgit. Nevertheless, Malaysia continued to build on the successes of its past by recording its 18th consecutive year of trade surplus with total trade increasing by 1 percent to RM1.46 trillion in 2015.

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Annual Report 2014

Despite challenges in the global economy, Malaysia's trade performed well beyond expectations with rising 5.9 per cent to reach RM1.45 trillion. The year 2014 was a remarkable year for Malaysia's trade Supported by strong uptake by almost all ASEAN countries, higher demand for manufactured products and recovery in key markets such as the United States of America (USA) and Japan, exports rose by 6.4 per cent to RM766.13 billion. 2014 marked another year of positive trade balance and was the 17th consecutive year of trade surplus for Malaysia.

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Annual Report 2013

2013 was a significant milestone for MATRADE as it celebrated its 20th anniversary. As the national trade promotion agency, MATRADE has played a crucial role in the country's economic development. Despite the prolonged weakness in external environment due to the Eurozone crises, sluggish economic recovery of the United States and the slowing down of the Chinese economy, Malaysia's total trade showed an encouraging increase of 4.6% to RM1.37 trillion in 2013.

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Annual Report 2012

Despite the weak external environment in 2012, the Malaysian economy performed better than expected, recording a strong growth of 5.6%. Malaysia's merchandised trade in 2012 registered a growth of 3% to RM1.31 trillion compared with RM1.27 trillion the year before. Exports rose to RM702.19 billion, while imports registered RM607.38 billion, making it the 15th consecutive year for Malaysia to maintain a trade surplus. It was Malaysia's diversified product mix and markets that sustained the export growth in 2012.

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Annual Report 2011

Despite the challenging international economic environment, Malaysia's economy grew steadily, underpinned by the expansion in domestic activity and firm regional demand. In 2011, Malaysia's trade breached the one trillion mark again, reaching RM1.3 trillion, an increase of 8.7 per cent from the previous year. Exports expanded by 8.7 per cent to RM694.55 billion while imports grew by 8.6 per cent to RM574.23 billion, thus registering a trade surplus of RM120 billion. This was the 14th consecutive year of trade surplus for Malaysia since 1998.

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Annual Report 2010

Total trade in 2010 registered strong recovery of 18.3 per cent to RM1.169 trillion, compared to a contraction of 16.6 per cent recorded in 2009. Exports expanded by 15.6 per cent to RM639.43 billion while imports grew by 21.7 per cent to RM529.19 billion resulting in a trade surplus of RM110.23 billion. Exports of manufactured products increased by 11.6 per cent to RM460.96 billion, contributing 72.1 per cent to Malaysia's total exports in 2010. Mining exports increased by 28.5 per cent to RM101.90 billion while agriculture goods grew by 29.6 per cent to RM71.80 billion.

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Annual Report 2009

Malaysia recorded a trade surplus for the 12th consecutive year in 2009 totalling RM118.35 billion. The world economic slowdown in 2009 resulted in an overall decline in global trade. Malaysia's total trade decreased by 16.6 per cent to RM988.24 billion from RM1.185 trillion in 2008. Exports declined by 16.6 per cent to RM553.3 billion, compared with RM663.49 billion in 2008. Imports were lower by 16.6 per cent to RM434.94 billion in 2009, from RM521.61 billion in 2008. The decline was due to lower demand from Malaysia's major trading partners following the global economic slowdown.

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Annual Report 2008

Overall in 2008, Malaysia recorded an impressive growth of 6.8 per cent in its total trade to reach RM1.185 trillion. This was the third consecutive year that total trade surpassed the RM1 trillion mark. Exports grew by 9.6 per cent to RM663.49 billion while imports recorded growth of 3.3 percent to RM521.61 billion, resulting in trade surplus of RM141.88 billion. This is the highest trade surplus ever recorded since 1997. The growth in exports for the year was especially significant in the first three quarters of the year before decelerating in the last quarter due to the impact of the global economic slowdown.

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