Malaysia's trade balance has climbed significantly, reaching a record surplus in December 2024. According to the latest data updated on January 20, 2025, the trade surplus expanded from RM 15.30 billion in November 2024 to RM 19.20 billion by the end of December.
This substantial increase marks a considerable economic milestone for Malaysia, highlighting a robust export performance relative to its imports during this period. The sharp rise in trade surplus underscores Malaysia's strong foothold in international trade, potentially driven by escalating demand for commodities, electronics, or a favorable exchange rate scenario, though detailed sectoral data remains awaited for comprehensive analysis.
As the country enters 2025 with a notable trade performance, stakeholders are eyeing the potential benefits this record surplus could bring to the wider Malaysian economy, including currency strengthening, improved fiscal budget, and potential for increased foreign exchange reserves.
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