PETALING JAYA: Malaysia’s trade continued to gain momentum in February 2024, increasing 3.3% to RM211.8 billion from RM205 billion in the same month o...
Malaysia’s trade continued to gain momentum in February 2024, increasing 3.3% to RM211.8 billion from RM205 billion in the same month of the previous year.
Chief Statistician Malaysia Datuk Seri Dr Mohd Uzir Mahidin said, “Malaysia’s export performance decreased in February 2024 in line with the decline in re-exports. Re-exports amounted to RM19.8 billion, dropped by 20.2% while domestic exports worth RM91.5 billion, contributing 82.2% to total exports rose by 4.7% as compared to February 2023. In contrast, imports were worth RM100.5 billion, increased by 8.4%.
From the perspective of commodity group, 113 out of 257 export groups declined, while 172 out of 259 import groups increased compared with the same month of the previous year.
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