How did Malaysian exports and imports perform in February 2022?

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Malaysian Trade Shows Robust Growth in February 2022

In February 2022, Malaysia's trade sector demonstrated significant expansion, with both exports and imports recording double-digit increases compared to the same period in the previous year. This positive performance contributed to an overall rise in total trade and a growth in the trade surplus.
Exports Increased by 16.8 Per Cent

Exports from Malaysia saw a substantial rise of 16.8 per cent in February 2022, reaching a total value of RM102.27 billion. This upward trend in outbound shipments reflects a strengthening demand for Malaysian goods in the international market during that period.
Imports Grew by 18.4 Per Cent

Concurrently, imports into Malaysia also experienced a notable expansion, growing by 18.4 per cent to RM82.48 billion in February 2022. This increase suggests a higher demand for foreign goods and raw materials within the domestic economy.
Trade Surplus Expanded by 10.7 Per Cent

The combined growth in exports and imports led to an expansion of Malaysia's trade surplus by 10.7 per cent in February 2022, amounting to RM19.79 billion. This indicates that the value of goods and services Malaysia exported exceeded the value of its imports for that month.

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How did Malaysian exports and imports perform in February 2022?

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