Overview

FIVE STATES REGISTERED A CONTRIBUTION OF 80.9 PER CENT OF TOTAL TRADE IN MAY 2024

• Malaysia’s total trade for May 2024 amounted to RM246.3 billion with exports and imports recorded RM128.2 billion and RM118.1 billion, respectively.
• Exports was valued at RM128.2 billion in May 2024, increased RM8.7 billion (+7.3%) as compared to the same month of the previous year. The increase in exports was attributed to the higher exports in most states such as Johor (+RM4.6 billion), Pulau Pinang (+RM2.6 billion),Selangor  (+RM1.1 billion), Perak (+RM779.7 million), Sabah (+RM711.9 million), Pahang (+RM549.8 million), Terengganu (+RM533.5 million), Negeri Sembilan (+RM340.9 million) and Kedah (+RM332.4 million). However, exports decreased in W.P. Kuala Lumpur by RM1.3 billion, W.P. Labuan (-RM633.1 million), Sarawak (-RM624.9 million), Kelantan (-RM360.9 million), Melaka (-RM201.1 million) and Perlis (-RM27.2 million).
• Pulau Pinang remained as the top exporter with 29.1 per cent share, followed by Johor (23.3%), Selangor (18.2%), Sarawak (7.0%) and Kedah (4.4%).
• At the same time, imports in May 2024 increased RM14.3 billion (+13.8%) as compared to the same month in 2023. The increase in imports was attributed by the higher imports in most states such as Johor (+RM5.0 billion), Pulau Pinang (+RM3.1 billion), W.P. Kuala Lumpur (+RM2.1 billion), Kedah (+RM1.5 billion), Melaka (+RM1.1 billion), Selangor (+RM1.1 billion), Negeri Sembilan (+RM816.4 million), W.P. Labuan (+RM92.1 million), Pahang (+RM89.2 million), Kelantan (+RM39.6 million), Perak (+RM34.3 million) and Perlis (+RM11.4 million). However, imports decreased in Sarawak by RM659.3 million, Terengganu (-RM157.0 million) and Sabah (-RM77.2 million).
• Selangor dominates Malaysia’s imports with a share of 25.4 per cent, followed by Johor (23.9%), Pulau Pinang (20.0%), W.P. Kuala Lumpur (7.7%) and Kedah (5.5%).
  

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