Malaysia’s Trade Performance Results (2019)
Malaysia’s Trade Performance Results (2019)
AMCHAM was delighted to attend the release of Malaysia’s Trade Performance Results (2019) at MATRADE on Tuesday 04 February.
Despite a challenging global trade environment, Malaysia’s trade with the United States expanded for a sixth consecutive year. Total trade between the two nations grew by 5.6% to RM164.45 billion, constituting 9% of Malaysia’s total international trade. The United States is Malaysia’s third-largest trading partner for both imports and exports.
E&E exports from Malaysia to the U.S. were particularly strong in 2019 with a total value of RM50.91 billion – the highest figure since 2009!
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