KUALA LUMPUR: Malaysia’s total trade performance in 2019 eased 2.5 per cent to RM1.835 trillion from RM1.876 trillion recorded in 2018, according to International Trade and Industry Ministry. “The decline in total trade was also due to lower demand from Malaysia’s major trading countries, especially with Singapore, Hong Kong, France, Thailand and Japan,” he said at a press conference on Malaysia’s trade performance here today. “This was the largest trade surplus since 2009, representing Malaysia’s achievement of 22nd consecutive year of trade surplus,” he added. Ong said it was still early for the ministry determine the impact on Malaysia’s trade resulted from the coronavirus epidemic. For the fourth quarter of 2019, Malaysia’s total trade reduced 3.6 per cent to RM479.2 billion, from RM497.3 billion previously.

Source: New Strait Times February 04, 2020 10:47 UTC