KUALA LUMPUR: Data from the Statistics Department shows that Malaysia's trade deficit in services narrowed in 2019 as exports hit an all-time high of RM169.8 bil, a 4% increase from the previous year due to a higher demand in the travel, air transport and professional services.
The gap in the trade balance, which has been in deficit since 2011, was seen closing to RM10.9bil from RM17.5bil previously.
Already a subscriber? Log in.
Subscribe now and receive free sooka plan for 1 month. T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
