Penang is largest contributor to Malaysia’s exports in Oct

[superadmin]

KUALA LUMPUR – Malaysian exports rose 15% year-on-year to RM131.6 billion in October 2022, with Penang posting the highest exports at RM7.1 billion.

Malaysia’s total trade in October jumped 21% to RM245.2 billion.

In a statement, the Statistics Department said according to the export-import statistics by state for October released today, higher exports were also recorded in most states such as Johor (RM4.8 billion), Sarawak (RM3.7 billion), Labuan (RM1.7 billion), Sabah (RM1.4 billion), Kedah (RM1.0 billion), Negri Sembilan (RM453.2 million), Perlis (RM43.5 million), Kuala Lumpur (RM41.8 million), Melaka (RM38.0 million) and Kelantan (RM17.7 million).

However, exports decreased in Selangor (RM1.8 billion), Terengganu (RM581.2 million), Perak (RM404.6 million), and Pahang (RM330.6 million).

Malaysia’s total trade for October amounted to RM245.2 billion, an increase of 21.1% year-on-year, with exports of RM131.6 billion (15%) and imports worth RM113.5 billion (29.2%).

Chief statistician Datuk Seri Mohd Uzir Mahidin said imports also increased by RM25.6 billion (29.2%) in October year-on-year.

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