Latest news with #RM1.465
New Straits Times
21-07-2025
- Business
- New Straits Times
Trade growth in first half of 2025 proves strength of Malaysia's external trade
KUALA LUMPUR: The record cumulative trade value increase of 4.8 per cent to RM1.465 trillion for the first half of 2025 reflects the strength and resilience of Malaysia's external trade position. Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Tengku Abdul Aziz said the country also saw encouraging export growth to major markets such as the United States, the European Union, Taiwan and Mexico. "The Ministry of Investment, Trade and Industry (MITI) and the Malaysia External Trade Development Corporation (Matrade) remain committed to building a stronger trade ecosystem by diversifying export markets and strengthening trade relations through free trade agreements (FTAs). Let us expand Malaysia's global reach," he said in a post on the X platform today. Tengku Zafrul said the country's trade surplus surged to RM8.59 billion in June, compared to RM759.9 million in May 2025, marking the 62nd consecutive month of surplus since May of 2020. He said key factors driving exports in June included palm oil and palm oil-based agricultural products, which recorded double-digit growth for 15 consecutive months. "This was also supported by increased exports of machinery, equipment and parts, as well as electrical and electronic (E&E) goods," he added.
The Sun
21-07-2025
- Business
- The Sun
Malaysia's trade grows 4.8% in H1 2025, shows resilience
KUALA LUMPUR: Malaysia's external trade demonstrated resilience in the first half of 2025, with total trade rising 4.8 per cent to RM1.465 trillion compared to the same period last year. Minister of Investment, Trade and Industry Datuk Seri Tengku Zafrul Abdul Aziz highlighted the country's strong performance in key markets, including the United States, the European Union, Taiwan, and Mexico. 'The Ministry of Investment, Trade and Industry (MITI) and the Malaysia External Trade Development Corporation (Matrade) remain committed to building a stronger trade ecosystem by diversifying export markets and strengthening trade relations through free trade agreements (FTAs). 'Let us expand Malaysia's global reach,' he said in a post on the X platform today. The trade surplus for June surged to RM8.59 billion, up from RM759.9 million in May 2025, marking the 62nd consecutive month of surplus since May 2020. Tengku Zafrul attributed the strong export performance to palm oil and palm oil-based agricultural products, which saw double-digit growth for 15 straight months. 'This was also supported by increased exports of machinery, equipment and parts, as well as electrical and electronic (E&E) goods,' he added. The consistent growth underscores Malaysia's ability to maintain competitiveness in global markets despite economic uncertainties. - Bernama
Barnama
21-07-2025
- Business
- Barnama
Trade Growth In First Half Of 2025 Is Proof Of Malaysia's External Trade Strength -- Tengku Zafrul
KUALA LUMPUR, July 21 (Bernama) -- The record cumulative trade value increase of 4.8 per cent to RM1.465 trillion for the first half of 2025 reflects the strength and resilience of Malaysia's external trade position. Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Tengku Abdul Aziz said the country also saw encouraging export growth to major markets such as the United States, the European Union, Taiwan, and Mexico. 'The Ministry of Investment, Trade and Industry (MITI) and the Malaysia External Trade Development Corporation (Matrade) remain committed to building a stronger trade ecosystem by diversifying export markets and strengthening trade relations through free trade agreements (FTAs). Let us expand Malaysia's global reach,' he said in a post on the X platform today.
