Malaysia’s exports expected to moderately decline this year

PETALING JAYA: Malaysia’s exports are expected to moderately decline by 3.5% this year compared with a growth of 1.7% (worth RM986.38bil) in 2019, said the Malaysia External Trade Development Corp (Matrade).

Chief executive officer Datuk Wan Latiff Wan Musa (pic below) said in the first six months of this year, Malaysia’s exports declined by 6.8% due to the movement control order (MCO).