Trade performance for September 2021 and the period of January- September 2021
Trade performance for September 2021 and the period of January- September 2021
Malaysia’s trade continued its stellar performance in September 2021, with a new high for trade, exports and trade surplus monthly value. Trade expanded by 25.5% to RM195.54 billion compared to September 2020, the eighth consecutive month of double-digit growth since February 2021. Exports maintained above RM100 billion for the fourth time this year, grew by 24.7% to RM110.83 billion.
The export growth was contributed mainly by robust external demand for petroleum products, manufactures of metal, palm oil and palm oil-based agriculture products as well as electrical and electronic (E&E) products.