Double-digit expansion in April

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The Star 15h ago

Double-digit expansion in April - The Star

Quick Summary:

It remains to be seen whether the positive trade numbers registered in the first quarter of financial year 2025 (1Q25) can be replicated in the months to come, as US tariffs continue to be the main wildcard in the country's trade outlook.

To this end, Mohd Afzanizam also concurred that exports would be a main downside risk to the country’s overall growth given Malaysia’s openness to international trade and investment.

In terms of markets, exports to the United States were the second largest in April, accounting for 14.4% of total exports, expanding by 45.6% y-o-y, with a value of RM19.22bil.