Exports moderate

Despite sustaining strong double-digit expansion, all major sectors recorded moderate export growth in February 2022. (File pic shows North Port, Klang.)

PETALING JAYA: Malaysia’s trade maintained a double-digit year-on-year (y-o-y) growth of 17.5% to RM184.8bil in February 2022, but for the first time in five months, the total trade fell below RM200bil mainly due to decrease in exports as well as imports compared to the previous month.

Export growth moderated to a 16.8% y-o-y increase in February 2022, maintaining its double-digit growth since August 2021 compared with a 23.9% y-o-y increase in January 2022.