KUALA LUMPUR: Malaysia’s diversified exports, both in terms of products and markets, mean that the country will be more resilient to external headwinds, including tariffs and trade restrictions, says Bank Negara deputy governor Datuk Marzunisham Omar.
While predicting a more moderate export growth rate of 5.2% this year, compared to 5.7% in 2024, he opined that Malaysia would be better cushioned from external challenges due to its diverse export markets, including Asean, China, the United States, the European Union, Advanced Asia and the rest of world.
