Malaysiaโs Trade Hits Record RM272.37 Billion in January as Exports Drive Strong Growth KUALA LUMPUR โ Malaysiaโs trade sector delivered a strong performance at the start of 2026, with total trade rising 12.6 percent year-on-year to RM272.37 billion in January, highlighting the continued strength of the countryโs export-driven economy. The Ministry of Investment, Trade and Industry (MITI) said the latest figure marked a significant increase compared with RM241.97 billion recorded in January last year. Exports remained the primary contributor, expanding sharply by 19.6 percent to RM146.87 billion, extending Malaysiaโs export growth streak to seven consecutive months. Imports increased by 5.3 percent to RM125.50 billion, reflecting steady domestic economic activity. As a result, Malaysia recorded a trade surplus of RM21.37 billion, continuing its surplus trend for 69 straight months since May 2020. MITI noted that total trade, exports, imports and trade surplus all reached their highest January levels on record. The export expansion was largely driven by strong demand for manufactured goods, particularly electrical and electronic (E&E) products. E&E exports surged to RM70.53 billion, representing nearly 40 percent growth compared with the previous year. Other key contributors included optical and scientific equipment as well as machinery and industrial components. Malaysiaโs exports grew across major markets, including China, the United States, Taiwan and the European Union. Exports to ASEAN countries also increased, although at a slower pace. Free Trade Agreement (FTA) partners such as Hong Kong, South Korea, Mexico, India, the United Kingdom, the United Arab Emirates and New Zealand also recorded strong growth. Taiwan and Hong Kong achieved their highest export values on record, reflecting rising global demand for Malaysian goods. Chief Executive Officer of the Malaysia External Trade Development Corporation (MATRADE), Abu Bakar Yusof, said the agency remains committed to strengthening Malaysiaโs export competitiveness. He said MATRADE has planned 203 strategic programmes in 2026 to support exporters and expand global market reach. These initiatives are expected to benefit over 13,400 Malaysian companies, particularly small and medium-sized enterprises. Malaysiaโs Ministry of Finance forecasts export growth of 2.8 percent for 2026, supported by sustained global demand for technology products. The strong performance underscores Malaysiaโs resilience and reinforces its position as a leading trading nation in the region.
KUALA LUMPUR โ Malaysiaโs trade sector delivered a strong performance at the start of 2026, with total trade rising 12.6 percent year-on-year to RM272.37 billion in January, highlighting the continued strength of the countryโs export-driven economy. The Ministry of Investment, Trade and Industry (MITI) said the latest figure marked a significant increase compared with RM241.97 โฆ