{"id":39394,"date":"2022-10-20T16:25:55","date_gmt":"2022-10-20T08:25:55","guid":{"rendered":"https:\/\/investpenang.gov.my\/malaysias-september-trade-up-31-4-to-rm256-9b\/"},"modified":"2025-11-28T13:59:55","modified_gmt":"2025-11-28T05:59:55","slug":"malaysias-september-trade-up-31-4-to-rm256-9b","status":"publish","type":"post","link":"https:\/\/investpenang.gov.my\/zh-hans\/malaysias-september-trade-up-31-4-to-rm256-9b\/","title":{"rendered":"Malaysia\u2019s September Trade Up 31.4% to RM256.9b"},"content":{"rendered":"

[vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern” el_class=”sec-inner-banner” css=”.vc_custom_1703741584745{background-image: url(https:\/\/investpenang.gov.my\/wp-content\/uploads\/2023\/12\/contact-banner-bg.jpg?id=20253) !important;}” z_index=””][vc_column][vc_row_inner row_type=”row” type=”grid” text_align=”left” css_animation=”” el_class=”inner-banner-row”][vc_column_inner][vc_column_text]<\/p>\n

Malaysia\u2019s September Trade Up 31.4% to RM256.9b<\/h1>\n

[\/vc_column_text][vc_separator type=”normal” el_class=”red-separator” color=”#ee4023″ transparency=”1″ thickness=”2″ up=”15″ down=”15″][vc_column_text css=”” el_class=”white-text”]<\/p>\n

19 October 2022<\/p>\n

[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”no” type=”grid” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern” css=”.vc_custom_1703764846254{background-color: #f3f5f8 !important;}” z_index=””][vc_column el_class=”fade-in animate”][vc_empty_space height=”120px” el_class=”height-x120″][vc_row_inner row_type=”row” type=”grid” text_align=”left” css_animation=””][vc_column_inner][vc_single_image image=”30143″ img_size=”full” qode_css_animation=”” el_class=”single-featured-image”][\/vc_column_inner][\/vc_row_inner][vc_empty_space height=”60px” el_class=”height-x60″][vc_row_inner row_type=”row” type=”grid” text_align=”left” css_animation=”” el_class=”content-row”][vc_column_inner][vc_column_text]KUALA LUMPUR (Oct 19): Malaysia\u2019s trade continued its upward trajectory in September 2022, rising by 31.4%\u00a0to RM256.91 billion compared to the same month\u00a0last year. It was the 20th\u00a0consecutive month of double-digit growth, said the Ministry of International Trade and Industry (Miti).<\/p>\n

It said exports increased by 30.1%\u00a0to RM144.31 billion, marking\u00a0the\u00a014th successive month of double-digit growth, while imports expanded by 33%\u00a0to RM112.6\u00a0billion.<\/p>\n

\u201cMalaysia\u2019s trade surplus achieved a new record high, expanding by 20.9%\u00a0to RM31.71 billion,\u201d the ministry\u00a0said in a statement on Wednesday (Oct 19).<\/p>\n

The total trade value\u00a0was the highest monthly value for the month of September.<\/p>\n

Miti\u00a0said export growth was contributed mainly by robust external demand for electrical and electronics (E&E) products, petroleum products, liquefied natural gas (LNG), crude petroleum, optical and scientific equipment as well as machinery, equipment and parts.<\/p>\n

Exports of E&E products, optical and scientific equipment as well as LNG registered the highest monthly value so far.<\/p>\n

Exports to major trading partners, notably Asean, the US, the European Union\u00a0and Japan, recorded double-digit growth. Exports to Japan registered the highest monthly value ever.<\/p>\n

On a month-on-month basis, exports increased by 2.2% and the trade surplus rose 86.1%, while trade contracted by 3.2% and imports shrank by 9.4%.<\/p>\n

Trade in\u00a0the third quarter\u00a0of 2022 surged by 42% year-on-year (y-o-y) to RM774.98 billion.<\/p>\n

Exports increased by 38.3%\u00a0to RM419.65 billion, while\u00a0imports expanded by 46.5%\u00a0to RM355.32 billion.<\/p>\n

“This was the highest quarterly value for trade, exports and imports,\u201d the ministry said.<\/p>\n

The trade surplus grew by 5.6%\u00a0to RM64.33 billion.<\/p>\n

Compared to the second quarter of 2022, trade rose by 6.1%, exports by 6.5%, imports by 5.7%, and the trade surplus by 10.8%.<\/p>\n

In the first nine months of 2022, trade climbed by 32.9%\u00a0to RM2.13\u00a0trillion from the same period last year.<\/p>\n

Exports increased\u00a0by 30.3%\u00a0to RM1.16\u00a0trillion, while\u00a0imports grew by 36.2%\u00a0to RM971.26 billion.<\/p>\n

The trade surplus widened by 6.3%\u00a0to RM187.4\u00a0billion.<\/p>\n

“Trade, exports, imports and the trade surplus registered the highest value for the period,\u201d Miti said.<\/p>\n

On export performance by sector, the ministry said exports of manufactured goods in September 2022 reached its highest monthly value of RM122.23 billion or 84.7% of total exports, growing\u00a0by 28.7% y-o-y.<\/p>\n

“This was the 14th consecutive month of double-digit growth. E&E products, petroleum products, optical and scientific equipment as well as machinery, equipment and parts\u00a0each recorded more than a RM1 billion increase in exports,\u201d it added.<\/p>\n

Exports of mining goods (7.7%\u00a0share) surged by 89% y-o-y to RM11.1\u00a0billion, the highest monthly value. The increase, a double-digit growth for the 18th straight month, was mainly due to higher exports of LNG and crude petroleum.<\/p>\n

Exports of agriculture goods (7.2%\u00a0share) expanded by 8%\u00a0to RM10.44 billion compared to September 2021, contributed mainly by higher exports of palm oil and palm oil-based agriculture products.<\/p>\n

On trade with major markets, the ministry said in September 2022, trade with Asean grew\u00a0by 33.6%\u00a0y-o-y to RM67.85 billion, which accounted for 26.4%\u00a0of Malaysia\u2019s total trade.<\/p>\n

Exports grew by 31.5%\u00a0to RM39.97 billion\u00a0due to higher exports of E&E products and petroleum products.<\/p>\n

In the same month, trade with China, which made up 17.1%\u00a0of Malaysia\u2019s total trade, climbed by 14%\u00a0y-o-y to RM43.91 billion, with exports to the world\u2019s second-largest economy\u00a0recording a growth of 8% to RM20.09 billion due to higher exports of E&E products.<\/p>\n

Trade with the US in September 2022 made up 10.4%\u00a0of Malaysia\u2019s total trade. It\u00a0expanded by 42.5%\u00a0y-o-y to RM26.73 billion,\u00a0the highest monthly value thus far.<\/p>\n

“Exports grew by 32.5%\u00a0to RM16.31 billion on the back of robust exports of E&E products,\u201d Miti said.<\/p>\n

Trade with Japan, meanwhile,\u00a0accounted for 6.7%\u00a0of Malaysia\u2019s total trade. It rose by 49.5% y-o-y to RM17.11 billion in September 2022.<\/p>\n

Exports surged by 74.6%\u00a0to RM9.93 billion,\u00a0supported by higher exports of LNG, E&E products and petroleum products.<\/p>\n

Source: The Edge<\/a>[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_empty_space height=”120px” el_class=”height-x120″][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

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20<\/h2>\n
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Thu<\/p>\n

October \u201822<\/p>\n<\/p><\/div>\n<\/p><\/div>\n","protected":false},"author":5119,"featured_media":30143,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[316],"tags":[],"news_year":[219],"news_month":[228],"local_insights_alphabet":[],"acf":[],"_links":{"self":[{"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/posts\/39394"}],"collection":[{"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/users\/5119"}],"replies":[{"embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/comments?post=39394"}],"version-history":[{"count":2,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/posts\/39394\/revisions"}],"predecessor-version":[{"id":39398,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/posts\/39394\/revisions\/39398"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/media\/30143"}],"wp:attachment":[{"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/media?parent=39394"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/categories?post=39394"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/tags?post=39394"},{"taxonomy":"news_year","embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/news_year?post=39394"},{"taxonomy":"news_month","embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/news_month?post=39394"},{"taxonomy":"local_insights_alphabet","embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/local_insights_alphabet?post=39394"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}