Asean remains our top trading partner

  • Nation
  • Thursday, 02 Oct 2003

ASEAN remains Malaysia’s top trading partner with trade amounting to RM161bil last year. 

The United States took the second spot at RM121bil followed by Japan (RM94bil) and China (RM43bil), said International Trade and Industry Ministry’s Datuk Ho Cheong Sing. 

He told Hoo Seong Chang (BN – Kluang) that Malaysia had a trade deficit with five countries –Japan (RM14bil), Republic of Korea (RM4bil), Taiwan (RM3.6bil), China (3.5bil) and Germany (3.2bil). 

“Malaysia recorded a trade surplus of almost RM51bil last year,” he said. 

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