KUALA LUMPUR (Jan 21): Malaysia’s trade with Asean recorded an increase of 1.7% to RM709.08 billion for the January to November 2025 period, accounting for 25.6% of Malaysia’s total global trade which amounted to RM2.775 trillion for the same period in 2024. “Meanwhile, imports declined 2.6% to RM290.30 billion, due to a significant drop in domestic demand for petroleum products, chemicals and chemical products, and transport equipment. The ministry was responding to a question from Tan Kok Wa (PH-Cheras) on the comparison between Malaysia’s trade with Asean and non-Asean partners, as well as the measures taken to strengthen intra-Asean trade. For 2024, Malaysia’s total trade with Asean increased 6.1 % compared with 2023, reaching RM765.03 billion, which represented 29 % of Malaysia’s total trade valued at RM2.879 trillion. In the same period, the value of Malaysia’s exports to Asean rose 4.1 % to RM438 billion, while imports from Asean increased 8.9 % to RM327.12 billion.

Source: The Edge Markets January 21, 2026 14:32 UTC