Analysts reckon that manufacturing exports will lift the trade figures going into 2024.
PETALING JAYA: The rebound in demand for tech products could help Malaysia’s trade grow in 2024, but risks of an economic slowdown in the United States and China could result in the demand to become uneven, according to economists.
The Statistics Department yesterday revealed Malaysia’s exports fell some 5.9% year-on-year (y-o-y) or RM7.6bil to RM122.1bil for November 2023, while imports increased by 1.7% y-o-y or RM1.8bil to RM109.7bil.
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