Penang remains top exporter in December 2024 with 38% contribution


Chief statistician Datuk Seri Mohd Uzir Mahidin.

KUALA LUMPUR: Penang remained Malaysia’s top exporter in December 2024, accounting for 38% of the country’s total exports, according to the latest Statistics Department data.

In a statement, the Statistics Department said the other top exporters were Johor (18.1%), Selangor (16.2%), Sarawak (7.4%) and the Federal Territory of Kuala Lumpur (3.7%).

Chief statistician Datuk Seri Mohd Uzir Mahidin said the country’s exports were valued at RM138.5bil in December 2024, an increase of RM20.1bil (16.9%) compared to the same month of the previous year.

“The increase in exports was attributed to the higher exports in most states such as Penang (RM15.4bil), Johor (RM4.7bil), Selangor (RM1.9bil), Sabah (RM1.3bil), Perak (RM1.1bil), Melaka (RM416.7mil), Kelantan (RM18.5mil) and Perlis (RM7.1mil),” he said.

However, Mohd Uzir said exports decreased in several states, including Kedah (RM1.6bil), the Federal Territory of Kuala Lumpur (RM1.5bil), Sarawak (RM819.5mil), Negri Sembilan (RM415.5mil), Pahang (RM342.1mil), the Federal Territory of Labuan (RM30mil), and Terengganu (RM15.1mil).

The chief statistician said that the total value of imports in December 2024 grew by RM12.7bil, reflecting an 11.9% increase compared to the same month in 2023.

“The increase in imports was driven by higher imports in states such as Selangor (RM5.9bil), Penang (RM3.9bil), Johor (RM1.3bil), Kedah (RM1.1bil), Perak (RM704.5mil), the Federal Territory of Kuala Lumpur (RM590.1mil), Sarawak (RM558.8mil), the Federal Territory of Labuan (RM237.3mil), Sabah (RM69.5mil), Melaka (RM54.9mil) and Perlis (RM32.3mil).

“However, imports decreased in Negri Sembilan by RM1.3bil, Pahang (RM393.4mil), Terengganu (RM139.7mil) and Kelantan (RM115.9mil),” he said.

The Statistics Department added that Selangor leads imports with a 28.4% share, followed by Penang (22.9%), Johor (20.6%), the Federal Territory of Kuala Lumpur (7.5%) and Kedah (5.9%). — Bernama

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Strong growth for Malaysia's Islamic banking sector - S&P Global Ratings
Oil prices pause gains as Venezuela shipments resume but Iran concerns loom
Saks Global files for bankruptcy after Neiman Marcus takeover leads to financial collapse
Asian stocks inch higher, fragile yen spurs intervention worries�
FBM KLCI struggles to extend gains amid profit-taking pressure
China's trade ends 2025 with record trillion-dollar surplus despite Trump tariffs
Netflix prepares all-cash offer for Warner Bros, source says
Japan's Nikkei hits record high on loose policy hopes, weaker yen
FBM KLCI holds firm above 1,700
Ringgit opens lower against US$ but higher vs major currencies

Others Also Read