Malaysia's trade records 10.2% jump, exceeding RM2T mark in 9M24

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KUALA LUMPUR: Malaysia’s trade from January to September 2024 rose 10.2 per cent to RM2.139 trillion, exceeding the RM2 trillion mark within nine months, compared to 10 months in 2023, said the Ministry of Investment, Trade and Industry (MITI).

In terms of markets, significant export growth was registered to the United States, the European Union, and Taiwan.

Exports to Taiwan reached an all-time high, driven by exports of electrical and electronic products, particularly semiconductor devices and integrated circuits, said MITI.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaChinaTaiwanUnited States

Topics: September /Business/Business News Economy Exports MITI Trade surplus Imports WTO

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-18 @ 12:13:00 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 307 words

Reading Time: 2 minutes read

Sentences: 15 lines

Sentence Length: 21 words per sentence (average)

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Copyright Owner: © The Star

News ID: 23114324

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