Malaysia-Germany trade set to grow between 5% to 7%

KUALA LUMPUR: Malaysia-Germany total trade, which touched a high of 10.9 billion  last year, is expected to grow by between 5% and 7% more this year, says Malaysian-German Chamber of Commerce and Industry (MGCC). 

Executive Director, Alexander Stedtfeld, said the total trade would hit the above 11 billion mark by 2016, driven by trade in manufactured products.

He said german imports from Malaysia were the highest ever in 2014 at 6.1 billion while exports to this country were 14.8 billion.

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