Trade rises 18.6% to RM252.65bil in August, fastest growth rate in 22 months


KUALA LUMPUR: Malaysia’s trade has continued its stellar performance in August, growing 18.6 per cent year-on-year to RM252.65 billion -- the fastest growth rate in 22 months, according to the Investment, Trade and Industry Ministry (MITI).

In a statement today, it said exports continued its growth momentum for the fifth consecutive month, rising 12.1 per cent to RM129.16 billion, while imports expanded by 26.2 per cent to RM123.49 billion, marking the 52nd consecutive month of trade surplus since May 2020.

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