PETALING JAYA: Economists are generally positive about Malaysia’s trade growth in 2024, as the country had registered a commendable export growth and widening trade surplus compared to the year before.
The Statistics Department published Malaysia’s trade data for the final quarter and whole of 2024 yesterday, reporting that total trade for the year had grown approximately 11.5% year-on-year (y-o-y) to RM2.9 trillion, driven by a 16.9% increase in exports to RM138.5bil, while imports also extended 11.9% to RM119.3bil.
