Business

6 states resist pandemic pitfalls to see total trade rise in 2020

They are Penang, Sabah, Pahang, Kedah, Kelantan and Perak

Updated 5 years ago · Published on 08 Jun 2021 1:40PM

6 states resist pandemic pitfalls to see total trade rise in 2020
Five states that dominated Malaysia’s export are Penang, Johor, Selangor, Sarawak and Perak, accounting for 80.5% of the country’s total. – Pixabay pic, June 8, 2021

KUALA LUMPUR – Six states recorded an increase in total trade amid a 3.6% decline in Malaysia’s trade to RM1.78 trillion last year, despite the Covid-19 pandemic affecting global trade, the Statistics Department (DOSM) said.

Chief statistician Datuk Seri Mohd Uzir Mahidin said the six states are Penang (+RM38.6 billion), Sabah (+RM4.5 billion), Pahang (+RM3.5 billion), Kedah (+RM3.0 billion), Kelantan (+RM969.7 million) and Perak (+RM294.8 million).

“Five states that dominated Malaysia’s export were Penang (31.8%), Johor (20.0%), Selangor (18.9%), Sarawak (6.7%) and Perak (3.2%). The contribution of these five states accounted for 80.5% of Malaysia’s total exports,” he said in a statement today.

Uzir noted that Malaysia’s exports last year were valued at RM981.0 billion, down 1.4% compared with RM995.1 billion in 2019, while imports decreased 6.3% to RM796.2 billion in 2020 from RM849.4 billion in the previous year.

He said the decline was due to lower exports, mainly by Sarawak (-RM15.5 billion), Selangor (-RM11.3 billion), Johor (-RM5.3 billion), Sabah (-RM4.2 billion), Kuala Lumpur (-RM3.4 billion), Terengganu (-RM2.8 billion), Negri Sembilan (-RM2.3 billion), Labuan (-RM2.1 billion), Kedah (-RM0.4 billion) and Perlis (-RM0.1 billion).

“However, the value of exports increased in Penang by RM28.4 billion, Pahang (+RM3.4 billion), Perak (+RM2.0 billion), Melaka (+RM0.5 billion) and Kelantan (+RM0.1 billion),” he said.

At the same time, the decline in imports was induced by lower imports from Selangor (-RM23.7 billion), Johor (-RM19.7 billion), Kuala Lumpur (-RM10.2 billion), Melaka (-RM9.7 billion), Negri Sembilan (-RM6.1 billion), Terengganu (-RM1.8 billion), Perak (-RM1.7 billion), Sarawak (-RM1.2 billion), Perlis (-RM0.5 billion), and Labuan (-RM0.2 billion).

Penang, meanwhile, recorded higher imports of RM10.2 billion, followed by Sabah (+RM8.6 billion), Kedah (+RM3.4 billion), Kelantan (+RM0.9 billion), and Pahang (+RM0.1 billion). – Bernama, June 8, 2021

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