Total trade expands by 25.6% - News Summed Up
Total trade expands by 25.6%

Total trade expands by 25.6%

April 28, 2021 23:48 UTC

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Total trade expands by 25.6%


KUALA LUMPUR: Malaysia’s trade performance continued its upward trajectory in March 2021, registering the highest monthly value for trade, exports, and imports. Senior Minister Datuk Seri Mohamed Azmin Ali, who is also the International Trade and Industry Minister, said total trade expanded by 25.6% to RM185.74bil compared with March 2020. “(Hence) trade, exports, imports, and trade surplus recorded double-digit growth for two consecutive months, ” he said in a statement on the country’s external trade performance for March 2021. For the first quarter (Q1) of 2021, total trade grew 14.8% to RM505.65bil compared with the corresponding period last year. Compared with February 2021, total trade, exports, imports and trade surplus grew by 18.1 per cent, 19.8 per cent, 15.9 per cent and 35.1 per cent, respectively.


Source: The Star April 28, 2021 23:48 UTC



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