January trade hits RM203bil, up nearly 25%
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Loading... - Sofia Chew
- 14 Mar 2022
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Malaysia’s total trade of RM203 billion for January marked a 24.8% year-on-year increase, says the statistics department.
Chief statistician Uzir Mahidin noted that the sum comprised RM110.7 billion in exports and RM92.3 billion in imports.
Exports increased by RM21.1 billion, or 23.5%, compared to the same month of last year, he said in a statement.
Exports of electrical and electronic (E&E) products amounted to RM44.8 billion – or 40.4% of total exports – during the month.
“Among the top five major exporting states, Penang remained the top exporter with a share of 31.3%, followed by Selangor (19.0%), Johor (18.3%), Sarawak (7.8%) and Kedah (4.1%),” said Uzir.
As for imports, Selangor remained the largest contributor with a share of 27.3%, followed by Penang (24.4%), Johor (18.9%), Kuala Lumpur (7.0%) and Kedah (6.6%). Read More…
