KUALA LUMPUR: Malaysia's overall trade contracted 16.3% in June 2023 to RM222.14bil as compared to a year ago as the value of shipments exchanged with its major trading partners remained on a slide.
According to the Ministry of Investment, Trade and Industry (Miti), the decline in trade value was owing to a 14.1% drop in exports to RM123.98bil and 18.9% contraction in imports to RM98.16bil.
Already a subscriber? Log in
Get 20% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
