July exports at second highest on record of RM97.12b


China continued to be the biggest export market for the fourth consecutive month comprising iron and steel products, solid-state storage devices (SSD) and palm oil.

KUALA LUMPUR: Malaysia’s exports in July 2020 rose by 3.1% to RM92.53bil from a year ago and it was the second highest export value ever registered, after RM97.12bil in October 2018.

A statement by the Minister of International Trade and Industry (MITI) on Friday China continued to be the biggest export market for the fourth consecutive month comprising iron and steel products, solid-state storage devices (SSD) and palm oil.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

S.Korean stocks, won lead Asian gains as AI trade rebounds
Crude palm oil prices to remain above RM4,700 per ton�for rest of 2026, MPOC says
OGX Group ventures into renewable energy with HYXI distributorship
Yes Group inks underwriting deal for ACE Market IPO
Eco Business Park 7, Tera Data Centers ink RM1.01bil industrial land deal
Industry shifting from growth to global focus
Yen squeezed as hawkish turn grips central banks
Malaysian firms urged to tap Dubai as gateway to Middle East, Africa- Dubai Chambers
Buying activity on Bursa picks up after subdued early trading
Oil rises slightly ahead of potential US-Iran talks

Others Also Read