Friday, 30 Apr 2021 10:24 AM MYT
Malaysia’s total trade amounted to RM1.777 trillion in 2020, with imports totalled RM796.19 billion and exports valued at RM980.99 billion. “A further upside to exports will be influenced by the progression of global vaccination rollouts and the spate of reopening of global borders. Also, our well diversified export base and strong trade linkages helped sustain gains in trade despite lingering uncertainties,” he added.
In March, exports surged 31 per cent year-on-year to RM104.95 billion in March, the strongest expansion in nearly four years. It not only extended the double-digit growth of 17.6 per cent in February, but also surpassed the RM100 billion mark, a level not seen since July 2017.
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