Malaysia's Feb exports slip to RM111.33bil amid improving total trade

Container ships sit docked next to gantry cranes at Port Klang in this aerial photograph taken over Klang district, Selangor, Malaysia, on Saturday, Jan. 9, 2016. Photographer Sanjit Das/Bloomberg

KUALA LUMPUR: Malaysia's total trade expanded 3.3% year-on-year (y-o-y) in February 2024 to RM211.79bil as the value of imports from major trading partners increased even as the country logged a dip in outgoing shipments.

In a statement, the Ministry of Investment, Trade and Industry (Miti) said imports rose 8.4% to RM100.46bil, while exports dropped a marginal 0.8% to RM111.33bil.