logo
M'sia trade in April soars to RM261.9b

M'sia trade in April soars to RM261.9b

The Sun20-05-2025
PUTRAJAYA: A consistent increase in the global economy, along with the shifts in international demand for Malaysia's goods, resulted in improved trade performance, said Department of Statistics, Malaysia (DoSM).
Total trade showing a double-digit 18.2% uptick from RM221.6 billion in the previous year to RM261.9 billion mainly attributable from the growth in imports of 20%, reaching RM128.4 billion and exports 16.4%, reaching RM133.6 billion.
On the contrary, trade balance fell by 33% to RM5.2 billion in April 2025 as reported yesterday in DoSM's Malaysia External Trade Statistics Bulletin, April 2025.
Chief Statistician Malaysia Datuk Seri Dr Mohd Uzir Mahidin said that Malaysia's export growth was driven by an increase in both domestic exports and re-exports in April 2025. Domestic exports, which accounted for 74.9% of total exports, rose by 9.1% to RM100 billion, while re-exports, making up 25.1% of total exports, expanded by 46% to RM33.5 billion as compared to April 2024.
Additionally, imports amounted to RM128.4 billion, an increase of 20% or RM21.4 billion. The trade surplus decreased 33% to RM5.2 billion, the 60th consecutive month of surplus since May 2020. Comparing with March 2025, imports and total trade recorded an increase of 14.1% and 4.8%, respectively.
Meanwhile, exports and trade balance showed a decrease of 2.7% and 79.1%, respectively.
From the perspective of the commodity group, 136 out of 258 export groups and 136 out of 260 import groups showed an increase as compared to the same month of the previous year.
Mohd Uzir also pointed out that higher exports was attributable mainly to the US (+RM6 billion), followed by Singapore (+RM4.8 billion), Mexico (+RM2.5 billion), Taiwan (+RM2.2 billion), Thailand (+RM959.3 million), Australia (+RM634.5 million) and Indonesia (+RM621.5 million).
Moreover, higher imports were mainly contributed from the US (+RM9.7 billion), followed by Taiwan (+RM6.8 billion), China (+RM5.1 billion), Mexico (+RM827.8 million), Ecuador (+RM415.3 million), Vietnam (+RM388.8 million) and Kuwait (+RM300.6 million).
Commenting further on exports, he said the increase was reflecting the rise in electrical & electronic products (+RM15.8 billion); machinery, equipment & parts (+RM1.5 billion); other manufactures (+RM826.9 million); processed food (+RM771 million); palm oil-based manufactured products (+RM627.7 million); and optical & scientific equipment (+RM621.9 million). Furthermore, the increase in imports was logged for electrical & electronic products (+RM21.5 billion); machinery, equipment & parts (+RM1.6 billion); transport equipment (+RM1 billion); other agriculture (+RM361.3 million); palm oil & palm-based agriculture products (+RM314.6 million); and processed food (+RM268.3 million).
Adding to this, Mohd Uzir also underscored the upsurge in imports by end-use which was in accordance with higher demand for capital goods.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Malaysia-China Chamber of Commerce sets up co-op for members
Malaysia-China Chamber of Commerce sets up co-op for members

Daily Express

timean hour ago

  • Daily Express

Malaysia-China Chamber of Commerce sets up co-op for members

Published on: Friday, July 18, 2025 Published on: Fri, Jul 18, 2025 Text Size: According to Su, the cooperative will be open for participation by MCCC Sabah members and is envisioned as a vital platform for driving economic collaboration, resource integration, and platform-based development. Kota Kinabalu: The Malaysia-China Chamber of Commerce (MCCC) Sabah announces the establishment of a cooperative - Koperasi Usahawan Utama Sabah Berhad. Vice President Louis Su Khon Fen was appointed interim chairman to oversee the cooperative's development and external coordination efforts. Advertisement According to Su, the cooperative will be open for participation by MCCC Sabah members and is envisioned as a vital platform for driving economic collaboration, resource integration, and platform-based development. It aims to create a dedicated space for collective entrepreneurship and cooperation, enabling members to share resources and create value together. 'The cooperative is founded on three core objectives - to serve as a platform for member collaboration and collective development; to act as a bridge linking government agencies with business resources; and promote sustainable and platform-driven business cooperation mechanisms.' He added that the cooperative will establish a clear policy and constitution, detailing its investment structure, operational system, and project participation mechanisms. These guidelines will be officially announced at a later stage to ensure all members can participate under a transparent and equitable framework. In addition, the cooperative's board of directors will be carefully selected from among MCCC Sabah's current leadership, the Women Entrepreneurs Committee, as well as both new and existing members - combining experience, diverse perspectives, and execution capabilities to drive effective governance. 'Our initial goal is to raise RM5 million to fund the cooperative's launch and operational development, including platform setup, seed capital for projects, and supporting infrastructure.' The cooperative will be operated with a clear strategic vision, robust systems, and steady resource integration, with the ultimate aim of delivering sustainable and stable economic growth returns for member businesses. 'While our priority is to serve members, we also welcome collaborations with government agencies, government-linked companies (GLCs), SMEs, and NGOs. We seek to jointly explore a new model of shared prosperity through co-building and co-benefiting partnerships.' At present, Koperasi Usahawan Utama Sabah Berhad is actively building its platform and operational framework. It welcomes collaboration with partners who have viable projects, human resources, services, or land assets - with the shared goal of creating a sustainable and mutually beneficial community economic ecosystem. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia

KLCI opens higher above 1,520 as Wall Street rally lifts sentiment
KLCI opens higher above 1,520 as Wall Street rally lifts sentiment

Malay Mail

timean hour ago

  • Malay Mail

KLCI opens higher above 1,520 as Wall Street rally lifts sentiment

KUALA LUMPUR, July 18 — Bursa Malaysia opened higher today, tracking Wall Street's overnight positive performance, boosted by improved economic data and quarterly earnings reports that exceeded consensus expectations. At 9.11 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) gained 5.49 points, or 0.36 per cent, to 1,526.43 from Thursday's close of 1,520.94. The benchmark index opened 2.03 points higher at 1,522.97. The broader market was positive, with gainers outpacing decliners 260 to 95, while 267 counters were unchanged, 1,836 untraded, and eight suspended. Turnover stood at 187.29 million shares worth RM128.20 million. Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng said the United States' 10-year yield eased slightly to 4.453 per cent. 'Over in Hong Kong, the Hang Seng Index ended marginally lower as traders are sidelined while waiting for fresh catalysts,' he told Bernama. Back home, he said the FBM KLCI finally rebounded to above the 1,520 mark, possibly buoyed by stock accumulation by local institutions following days of downtrend. 'For today, we expect the index to hover within the 1,515-1,525 range,' he added. Among the heavyweight counters, Maybank and IHH Healthcare were 2.0 sen higher each at RM9.55 and RM6.55, respectively. Public Bank increased 1.0 sen to RM4.26, CIMB perked up 7.0 sen to RM6.57, and Tenaga Nasional reduced 4.0 sen to RM13.74. In active trade, ACE debutant Enproserve Group was 5.5 sen higher at 29.5 sen, NexG and Zetrix AI inched up half-a-sen each to 49.5 sen and 94 sen, respectively. KHPT added 1.5 sen to 13.5 sen, and Gamuda rose 12 sen to RM5.27. On the broader index board, the FBM Emas Index advanced 49.94 points to 11,475.11, the FBMT 100 Index climbed 49.74 points to 11,238.11, the FBM Emas Shariah Index appreciated 48.50 points to 11,522.47, the FBM 70 Index jumped 114.12 points to 16,658.16, while the FBM ACE Index ticked up 10.39 of a point to 4,646.37. By sector, the Financial Services Index put on 45.47 points to 17,347.82, the Energy Index edged up 2.16 points to 741.27, the Plantation Index rose 16.62 points to 7,447.16, and the Industrial Products and Services Index strengthened 0.47 of a point to 154.46. — Bernama

Don't just study — embrace local culture, Zahid tells Malaysians in New Zealand
Don't just study — embrace local culture, Zahid tells Malaysians in New Zealand

Malay Mail

time2 hours ago

  • Malay Mail

Don't just study — embrace local culture, Zahid tells Malaysians in New Zealand

WELLINGTON, July 18 — Malaysian students abroad have been reminded not to focus solely on academics, but also to engage with the local communities to foster cross-cultural understanding. Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi stressed that the involvement in local communities and understanding their cultures are vital for nurturing well-rounded and reputable graduates. 'Don't just learn from inside the lecture rooms, tutorials, or professors' offices. 'We should also introduce ourselves to the local communities and learn their cultures, especially the Maori culture here, which is rich with historical values and a spirit of resilience,' he said during a gathering with over 250 Malaysian students and residents in New Zealand, here. Also present were Malaysia's High Commissioner to New Zealand Mazita Marzuki, alongside official delegates and senior Malaysian government officers. In his remarks, Ahmad Zahid also expressed his admiration for the Maori community's strong identity and spirit, highlighting their success in preserving cultural heritage while managing community economic assets through their trust agencies since the 19th century. 'I would like to congratulate the Maori leaders and community here. We need to learn from their spirit and strength in fighting for their rights and adapt that to the Malaysian context, especially in empowering the Orang Asli communities,' he said. The deputy prime minister also praised the achievements and positive image upheld by students sponsored by various agencies, including the Public Service Department (JPA), Majlis Amanah Rakyat (Mara), government-linked companies (GLCs), and government-linked investment companies (GLICs). He said social assimilation and cross-cultural understanding are critical components in shaping competitive individuals ready to return and serve the nation. Highlighting Malaysia's demand for professionals in critical fields such as engineering, law, and accounting, Ahmad Zahid urged students to consider returning home to contribute to national development after completing their studies. While acknowledging that salaries in Malaysia might be lower compared to countries like New Zealand, he stressed the importance of their services to fuel the country's growth and economy. 'I urge you to come home, especially those in engineering, law and accounting. I know salaries in Malaysia may be lower compared to New Zealand, but remember, east or west, home is best,' he said. At the event, the deputy prime minister also announced a NZ$100,000 (RM251,000) allocation to Rumah Malaysia to support preparations for Malaysia's National Day celebrations this year. — Bernama

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store