Malaysia’s Trade Stays Strong Amid Global Uncertainty, Driven by Export Agility and Policy Support

Malaysia’s trade performance remained resilient in September, with total trade rising 9.8 per cent year-on-year to RM257.51 billion, supported by strong export growth and diversified supply chains. Exports climbed 12.2 per cent to RM138.68 billion, while imports rose 7.3 per cent to RM118.82 billion, resulting in a RM19.86 billion surplus — the 65th consecutive month of surplus since May 2020.

Export Agility

Analysts said Malaysia’s adaptability and close integration with global supply chains have helped cushion the impact of global headwinds, including the US-China trade tensions. They noted that partnerships with multinational firms have strengthened long-term resilience, while forward-looking policies such as the New Industrial Master Plan 2030 and participation in regional trade pacts like RCEP and CPTPP will further reinforce export performance.

With stable macroeconomic policies and a diversified export base, analysts said Malaysia is well positioned to sustain trade growth into 2025 despite external uncertainties.

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