KUALA LUMPUR – Malaysia’s total trade for January 2022 surged 24.8% year-on-year (y-o-y) to RM203.0 billion, with exports soaring 23.5% to RM110.7 billion and imports climbing 26.4% to RM92.3 billion.
Chief statistician Datuk Seri Mohd Uzir Mahidin said exports of electrical and electronics (E&E) products amounted to RM44.8 billion (40.4% of total exports) in January 2022.
“At the state level, Penang recorded the highest exports of E&E products worth RM26.2 billion (58.5%), followed by Selangor, with exports worth RM6.0 billion (13.3%), and Johor at RM4.8 billion (10.7%),” he said in a statement today.
As for exports, the export value recorded in January 2022 increased RM21.1 billion (23.5%) compared with the same month of the previous year.
Higher exports were recorded in most states such as Penang (RM5.0 billion), Johor (RM4.0 billion), Sarawak (RM3.7 billion), Selangor (RM3.6 billion), Kedah (RM1.8 billion), Sabah (RM1.4 billion), Pahang (RM732.3 million), Labuan (RM713.8 million), Terengganu (RM511.0 million), Kuala Lumpur (RM278.9 million), Kelantan (RM66.2 million), and Perlis (RM33.1 million).
“However, exports decreased in Perak (RM610.2 million), Melaka (RM197.9 million), and Negri Sembilan (RM68.9 million),” Uzir said.
He said imports also increased RM19.3 billion (26.4%) in January 2022 compared with the same month of the previous year.
Higher imports were mainly from Selangor (RM4.7 billion), Penang (RM4.0 billion), Johor (RM3.4 billion), Kedah (RM2.4 billion), Kuala Lumpur (RM1.6 billion), Sarawak (RM1.2 billion), Negeri Sembilan (RM673.0 million), Pahang (RM525.5 million), Melaka (RM151.9 million), Perak (RM143.0 million), Terengganu (RM115.1 million), Sabah (RM98.2 million), and Perlis (RM22.5 million).
However, imports decreased in Kelantan (RM162.8 million) and Labuan (RM37.9 million).
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%).
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%). – Bernama, March 14, 2022
