MITI sees exports breaching RM1 trillion


Minister of International Trade and Industry Darell Leiking presenting Malaysia's Trade Performance for 2018 at Menara MATRADE, Kuala Lumpur, yesterday. - AZLINA BT ABDULLAH/The Star

KUALA LUMPUR: Following a stronger-than-expected exports performance in 2018, the International Trade and Industry Ministry (Miti) expects Malaysia’s exports value in 2019 to breach the RM1 trillion-mark for the first time.

While the global trade outlook is weighed down by an economic slowdown and rising protectionism, Minister Darell Leiking projects the country’s exports to grow by about 5% this year, higher than the earlier forecast of 3.9% as mentioned in the Finance Ministry’s Economic Outlook 2019.

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