{"id":39576,"date":"2022-02-21T17:51:49","date_gmt":"2022-02-21T09:51:49","guid":{"rendered":"https:\/\/investpenang.gov.my\/malaysias-total-trade-soared-24-8-to-rm203-05-billion-in-january-2022-miti\/"},"modified":"2025-11-28T14:24:20","modified_gmt":"2025-11-28T06:24:20","slug":"malaysias-total-trade-soared-24-8-to-rm203-05-billion-in-january-2022-miti","status":"publish","type":"post","link":"https:\/\/investpenang.gov.my\/zh-hans\/malaysias-total-trade-soared-24-8-to-rm203-05-billion-in-january-2022-miti\/","title":{"rendered":"Malaysia\u2019s total trade soared 24.8% to RM203.05 billion in January 2022 \u2014 MITI"},"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’s total trade soared 24.8% to RM203.05 billion in January 2022 \u2014 MITI<\/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

18 February 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=”29970″ 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]Feb 18 – Malaysia’s trade in January 2022 continued to be resilient, expanding 24.8% to RM203.05 billion compared with that of January 2021, said the Ministry of International Trade and Industry (MITI).<\/p>\n

In a statement on Friday, MITI said exports accelerated 23.5% to RM110.73 billion in January 2022, the sixth successive month of double-digit expansion since August 2021, while imports increased 26.4% to RM92.32 billion and trade surplus grew 10.9% to RM18.4 billion.<\/p>\n

The ministry said export expansion was underpinned by higher global demand primarily for exports of electrical and electronics (E&E) products, as well as palm oil and palm oil-based agriculture products.<\/p>\n

Malaysia posted higher double-digit exports from most major markets, namely ASEAN, China, the United States, the European Union, and Japan.<\/p>\n

Compared with December 2021, trade, exports, imports, and trade surplus declined 6.3%, 10.6%, 0.6%, and 40.6%, respectively, due to high base effect and seasonal factors following new year holidays.<\/p>\n

“In January 2022, all major sectors recorded double-digit year-on-year (y-o-y) expansion, supported by significant export growth for almost all key products.<\/p>\n

“Exports of manufactured goods, which made up 85.5% of total exports, grew 19.3% to RM94.67 billion,” it said.<\/p>\n

MITI said E&E products, manufactures of metal, petroleum products, chemicals and chemical products, palm oil-based manufactured products, as well as machinery, equipment, and parts each recorded over RM1 billion increase in exports.<\/p>\n

In addition, exports of agriculture goods (7.9% share) surged 75.6% to RM8.77 billion, the 11th consecutive month of double-digit growth since March 2021, and the growth was boosted by strong exports of palm oil and palm oil-based agriculture products.<\/p>\n

Exports of mining goods (6.2% share) edged up 38.4% to RM6.82 billion, the 10th successive month of double-digit growth since April 2021, on the back of higher exports of liquefied natural gas (LNG).<\/p>\n

MITI said exports expanded 19.5% to RM30.76 billion following robust exports of petroleum products and E&E products, while imports from ASEAN climbed 24.2% to RM21.48 billion.<\/p>\n

It said exports to most ASEAN countries recorded significant increases notably to Singapore, growing RM2.11 billion due to higher exports of petroleum products.<\/p>\n

Exports to Thailand and Vietnam registered increases of RM902.2 million and RM689.4 million, respectively, attributed to higher exports of E&E products, Indonesia (+RM850.2 million, petroleum products) as well as the Philippines (+RM240.5 million, palm oil and palm oil-based agriculture products).<\/p>\n

Likewise, trade with China edged up 33.7% y-o-y to RM39.99 billion in January 2022, the 14th consecutive month of double-digit growth.<\/p>\n

“Exports to China rose 28.7% to RM16.88 billion, the fifth consecutive month of double-digit expansion since September 2021, driven by strong exports of E&E products and LNG, while imports from China increased 37.6% to RM23.12 billion,” it said.<\/p>\n

The ministry said trade with the US, which accounted for 9.1% of Malaysia’s total trade, grew 16.2% y-o-y to RM18.51 billion, with exports rising 17.7% to RM12.14 billion, underpinned mainly by growing exports of E&E products, while imports from the US were up 13.3% to RM6.37 billion, in January 2022.<\/p>\n

It added that total trade with the EU in January 2022 widened 24.5% y-o-y to RM16.46 billion, registering the 12th consecutive month of double-digit growth.<\/p>\n

“Exports increased 14.6% to RM9.19 billion on account of higher exports of E&E products, palm oil and palm oil-based products, as well as iron and steel products, while imports from the EU climbed 40% to RM7.27 billion,” it said.<\/p>\n

Meanwhile, trade with Japan, which made up 6.3% of Malaysia’s total trade, leapt 10.2% y-o-y to RM12.85 billion in January 2022.<\/p>\n

Exports edged up 10% to RM7.13 billion, the 11th successive month of double-digit expansion since March 2021, underpinned by strong exports of manufactures of metal, LNG, as well as iron and steel products.<\/p>\n

On the other hand, imports from Japan grew 10.5% to RM5.72 billion.<\/p>\n

Source : The Edge Markets<\/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":"

\n

21<\/h2>\n
\n

Mon<\/p>\n

February \u201822<\/p>\n<\/p><\/div>\n<\/p><\/div>\n","protected":false},"author":5119,"featured_media":29970,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[316],"tags":[],"news_year":[219],"news_month":[200],"local_insights_alphabet":[],"acf":[],"_links":{"self":[{"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/posts\/39576"}],"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=39576"}],"version-history":[{"count":2,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/posts\/39576\/revisions"}],"predecessor-version":[{"id":39579,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/posts\/39576\/revisions\/39579"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/media\/29970"}],"wp:attachment":[{"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/media?parent=39576"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/categories?post=39576"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/tags?post=39576"},{"taxonomy":"news_year","embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/news_year?post=39576"},{"taxonomy":"news_month","embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/news_month?post=39576"},{"taxonomy":"local_insights_alphabet","embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/local_insights_alphabet?post=39576"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}