KUALA LUMPUR, June 20 — Malaysia’s trade remained resilient and buoyant in May 2024, recording a double-digit year-on-year (y-o-y) growth of 10.3 per cent to RM246.31 billion,...
Govt data shows mental disabilities on the rise in Malaysia; two doctors suggest parents’ fertility, diet, and infections among causesIn a statement today, Miti said the trade amount was the highest value recorded since October 2022 and the fifth consecutive month of y-o-y expansion. — Picture by Sayuti ZainudinKUALA LUMPUR, June 20 — Malaysia’s trade remained resilient and buoyant in May 2024, recording a double-digit year-on-year growth of 10.3 per cent to RM246.
“Among the partners that registered export expansion were Mexico and Canada, driven by higher exports of E&E products,” it said. “Trade grew by 8.7 per cent to RM1.158 trillion against the corresponding period in 2023, while exports increased by 4.5 per cent to RM605.25 billion and imports were higher by 13.7 per cent to RM553.24 billion.Meanwhile, compared with April 2024, Miti said trade performance in May 2024 was seen as resilient, with trade, exports, imports, and trade surplus recording double-digit growth of 11.1 per cent, 11.8 per cent, 10.4 per cent and 30.9 per cent, respectively.
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