Malaysia’s total trade for November 2022 amounted to RM238.2 billion with exports of RM130.2 billion and imports worth RM107.9 billion.
Exports in November 2022 increased RM17.6 billion (+15.6%) compared to the same month of the previous year. Higher exports were recorded in most states such as Pulau Pinang (+RM10.8 billion), Sarawak (+RM3.2 billion), Johor (+RM1.9 billion), W.P. Kuala Lumpur (+RM1.6 billion), Selangor (+RM629.2 million), Terengganu (+RM315.6 million), Melaka (+RM152.0 million), Kelantan (+RM119.3 million), Negeri Sembilan (+RM77.4 million) and Perlis (+RM30.6 million). However, exports decreased in Sabah (-RM565.0 million), Pahang (-RM379.7 million), Perak (-RM180.2 million), W.P. Labuan (-RM38.8 million) and Kedah (-RM13.8 million).
At the same time, imports also increased RM14.5 billion (+15.6%) in November 2022 compared to the same month of the previous year. The increase in imports was due to the higher imports in most states such as Pulau Pinang (+RM4.6 billion), Selangor (+RM4.0 billion), Johor (+RM3.4 billion), Melaka (+RM1.6 billion), W.P. Kuala Lumpur (+RM640.7 million), Sarawak (+RM447.8 million), Terengganu (+RM162.1 million), Perak (+RM148.6 million), Perlis (+RM53.1 million) and Kelantan (+RM33.1 million). However, imports decreased in Kedah (-RM368.5 million), Negeri Sembilan (-RM211.5 million), Pahang (-RM89.2 million), Sabah (-RM25.3 million) and W.P. Labuan (-RM16.5 million).
Among the top five major exporting states, Pulau Pinang remained as the top exporter with a share of 31.8 per cent, followed by Johor (19.0%), Selangor (17.7%), Sarawak (9.0%) and W.P. Kuala Lumpur (5.4%).
- Meanwhile, as for imports, Selangor was the largest contributor with a share of 26.5 per cent, followed by Pulau Pinang (24.3%), Johor (20.7%), W.P. Kuala Lumpur (7.1%) and Kedah (5.8%).