Malaysia’s exports to CPTPP member countries reach RM486.8bil


Photo: Bernama

KUALA LUMPUR: Malaysia’s exports to member countries of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) rose by 4.7 per cent to RM486.80 billion in 2025, compared with RM464.80 billion in 2024.

Minister of Investment, Trade and Industry Datuk Seri Johari Abdul Ghani said the increase was largely driven by higher exports to Mexico (up 57 per cent), Chile (15.3 per cent), Singapore (8.1 per cent), Vietnam (2.6 per cent), the United Kingdom (2.4 per cent), Canada (2.1 per cent) and Peru (1.6 per cent).

He said that through the CPTPP, exporters can access non-traditional markets such as Canada, Mexico and Peru and, for the first time, gain preferential access to the UK market, which had previously been subject to regular tariffs.

"Statistics show that the issuance of certificates of origin (CO) for the CPTPP bloc surged dramatically to 21,993 COs in 2025, with an export value of RM7 billion, compared with 6,230 COs and RM2.7 billion in exports in 2023.

"This proves that local companies are increasingly savvy in leveraging CPTPP tariffs and are aggressively exploring alternative markets for goods, services and raw material supply chains,” he told the Dewan Negara when winding up the debate on the Agong’s Royal Address for his ministry today.

Johari said Malaysia has always held a firm position that any unilateral actions challenging the principles of free trade should be addressed collectively through the World Trade Organisation (WTO).

However, he said that to confront global uncertainty pragmatically, Malaysia has also initiated integrated cooperation among trading partners within free trade agreements (FTAs), without taking a confrontational stance toward any global economic power.

"Malaysia’s proposal was well received by the CPTPP Commission, which endorsed our initiative for leading integrated cooperation among the trade promotion organisations (TPOs) of the 12 member countries.

"This effort aims to maximise the bloc’s intra-regional economic potential and help micro, small and medium enterprises capture the benefits of the CPTPP through better coordination of market intelligence and more effective trade missions,” he said.

Therefore, Johari said Malaysia, through the Ministry of Investment, Trade and Industry (MITI) and the Malaysia External Trade Development Corporation (MATRADE), has mobilised cooperation among TPOs to stimulate intra-CPTPP trade flows.

He said this effort has also been put into practice through MATRADE’s Export Acceleration Mission programmes, which are specifically focused on non-traditional markets.

"Their effectiveness was proven in Mexico, which recorded an export surge of 59.7 per cent in 2025, reaching a value of RM30.1 billion,” he said. - Bernama 

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Miti , CPTPP , exports , FTA , Johari Abdul Ghani , economy

Next In Business News

Orkim to acquire tanker for RM94.9mil
United Plantations posts softer net profit
HSS Holdings taps blind-box trend with Eco-Shop partnership
Ringgit ends higher vs US dollar, other currencies amid rising oil prices
Velesto wins RM208mil North Malay Basin drilling contract
Eco-Shop posts record FY26 earnings, targets 100 new stores in FY27
SWS disposes of three Muar properties for RM15.5mil
IGB REIT's 2Q earnings boosted by Mid Valley Southkey contribution
GDB bags RM439.4mil contract for premium Mont Kiara development
MyNews to acquire land in Selangor for RM25mil

Others Also Read