KUALA LUMPUR: Malaysia's Trade Openness Index (TOI) increased to 149.0 in 2024, compared to 144.6 in 2023, according to the Department of Statistics Malaysia (DoSM).
In a statement today, chief statistician Datuk Seri Dr Mohd Uzir Mahidin said the TOI measures the dependence of international trade in goods towards the economy and serves as an indicator of the importance of trade at both national and state levels.
