Overview
PULAU PINANG CONTINUES TO BE THE MAIN EXPORTER, WHILE SELANGOR BECAME THE MAIN IMPORTER IN NOVEMBER 2022
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%).
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