Malaysia’s trade in December 2022 came to RM236.0 billion, up 8.6 per cent from a year earlier, the Department of Statistics Malaysia (DoSM) said on 27 January 2023. Exports rose 6.0 per cent to RM131.9 billion. Imports grew faster, up 12.0 per cent to RM104.1 billion.
Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin said trade for the whole of 2022 set a new milestone at RM2.8 trillion.
Exports by state
December exports were RM7.5 billion higher than a year before. Most states shared in the gain. “Higher exports were recorded in most states such as Johor (+RM4.3 billion), Sarawak (+RM2.2 billion), Selangor (+RM1.4 billion), Labuan (+RM1.4 billion), Negeri Sembilan (+RM264.1 million), Perak (+RM230.1 million), and Kedah (+RM184.0 million),” Mohd Uzir said in a statement.
Four more states grew by smaller amounts: Melaka by RM97.9 million, Kelantan by RM92.9 million, Kuala Lumpur by RM64.8 million and Perlis by RM14.3 million.
Four went the other way. Sabah fell RM1.7 billion. Pahang lost RM563.3 million, Terengganu RM531.0 million and Penang RM93.3 million.
Penang still ranked first among exporters with a 30.8 per cent share. Johor followed at 19.2 per cent, then Selangor at 17.8 per cent, Sarawak at 9.1 per cent and Kuala Lumpur at 4.7 per cent.
Imports by state
Imports climbed RM11.2 billion over December 2021, with most states buying more. Johor’s bill went up RM5.1 billion, Selangor’s RM2.7 billion and Melaka’s RM1.8 billion.
Selangor took the largest share of imports at 27.2 per cent. Penang had 21.9 per cent and Johor 20.8 per cent, with Kuala Lumpur at 6.6 per cent and Kedah at 5.8 per cent.
Sources
Sources
- Trade Performance for Year 2022 and December 2022
- Malaysia’s total trade up 8.6% to RM236.0b in December 2022
