M'sia recorded largest trade surplus in 23 years despite pandemic, says Azmin

PETALING JAYA: Malaysia’s external trade performance rebounded well at the end of last year, recording a trade surplus for the twenty-third year in a row, with 2020 having the biggest trade surplus during that period, says Senior Minister Datuk Seri Mohamed Azmin Ali (pic).

The International Trade and Industry Minister said, despite major disruptions to global supply chains due to stringent Covid-19 lockdown measures, the positive performance of Malaysia’s external trade performance could be attributed to the progressive opening of the economy and gradual recovery of external demand.