Overview

Pulau Pinang, Selangor and Johor Contributed 68.0 Per Cent of Total Trade in November 2023

• Malaysia’s total trade for November 2023 amounted to RM231.8 billion with exports and imports recorded RM122.1 billion and RM109.7 billion, respectively.  
• Exports was valued at RM122.1 billion in November 2023, decreased RM7.6 billion (-5.9%) as compared to the same month of the previous year. The decrease in exports was attributed to the lower exports in most states such as Pulau Pinang (-RM5.4 billion), Selangor (-RM2.4 billion), Sarawak (-RM1.6 billion), Terengganu (-RM869.1 million), Melaka (-RM755.1 million), W.P. Labuan (-RM704.8 million), Pahang (-RM308.0 million), Negeri Sembilan (-RM164.2 million), Perlis (-RM29.9 million) and W.P. Kuala Lumpur (-RM9.9 million). However, exports increased in Johor by RM3.0 billion, Kedah (+RM929.2 million), Perak (+RM540.8 million), Sabah (+RM472.3 million) and Kelantan (+RM18.6 million).
• Pulau Pinang remained as the top exporter with 29.0 per cent share, followed by Johor (22.6%), Selangor (16.9%), Sarawak (8.3%) and W.P. Kuala Lumpur (5.7%). 
• At the same time, imports in November 2023 increased RM1.8 billion (+1.7%) as compared to the same month in 2022. The increase in imports was attributed by the higher imports in most states such as W.P. Kuala Lumpur (+RM2.7 billion), Negeri Sembilan (+RM1.4 billion), Pahang (+RM1.1 billion), Sabah (+RM514.3 million), Selangor (+RM492.7 million), Johor (+RM197.1 million), Melaka (+RM114.4 million) and Terengganu (+RM109.4 million). However, imports decreased in Pulau Pinang by RM3.9 billion, W.P. Labuan (-RM280.2 million), Kedah (-RM78.8 million), Sarawak (-RM60.9 million), Kelantan (-RM43.0 million), Perak (-RM15.9 million) and Perlis (-RM6.2 million).  
• Selangor continued to dominate Malaysia’s imports with a share of 26.5 per cent, followed by Johor (20.6%) Pulau Pinang (20.4%), W.P. Kuala Lumpur (9.4%) and Kedah (5.6%).

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