KUALA LUMPUR – Malaysia’s total trade for December 2022 amounted to RM236.0 billion, an increase of 8.6% year-on-year (y-o-y), with exports rising 6.0% y-o-y to RM131.9 billion while imports rose 12.0% y-o-y to RM104.1 billion, said the Statistics Department (DOSM) today.
Chief Statistician Datuk Seri Mohd Uzir Mahidin said Malaysia’s total trade in 2022 recorded a new milestone to reach RM2.8 trillion.
Meanwhile, the export performance by states showed that exports in December 2022 increased RM7.5 billion or 6.0% compared to the same month of the previous year.
“Higher exports were recorded in most states such as Johor (+RM4.3 billion), Sarawak (+RM2.2 billion), Selangor (+RM1.4 billion), Labuan (+RM1.4 billion), Negri Sembilan (+RM264.1 million), Perak (+RM230.1 million), and Kedah (+RM184.0 million),” he said in a statement today.
Meanwhile, Melaka recorded RM97.9 million higher exports, Kelantan (+RM92.9 million), Kuala Lumpur (+RM64.8 million), and Perlis (+RM14.3 million).
However, Uzir noted that exports decreased for Sabah (-RM1.7 billion), Pahang (-RM563.3 million), Terengganu (-RM531.0 million) and Penang (-RM93.3 million).
Looking at the performance of imports by state, he noted that imports also increased RM11.2 billion or 12.0% in December 2022 compared to the same month of the previous year due to the higher imports in most states such as Johor (+RM5.1 billion), Selangor (+RM2.7 billion) and Melaka (+RM1.8 billion).
Among the top five major exporting states, the chief statistician said Penang remained as the top exporter with a share of 30.85, followed by Johor (19.2%), Selangor (17.8%), Sarawak (9.1%), and Kuala Lumpur (4.7%).
As for imports, Selangor was the largest contributor with a share of 27.2%, followed by Penang (21.9%), Johor (20.8%), Kuala Lumpur (6.6%), and Kedah (5.8%). – Bernama, January 27, 2023
