World

Malaysia’s trade value up over 10% in February

The Malaysian Ministry of International Trade and Industry (MITI) announced in a press release on March 20 that the total trade value of the Southeast Asian economy in February increased 11% annually, reaching 204.99 billion RM (45.68 billion USD).
Malaysia’s trade value up over 10% in February ảnh 1Illustrative image (Photo: AFP)

Hanoi (VNA) – The MalaysianMinistry of International Trade and Industry (MITI) announced in a pressrelease on March 20 that the total trade value of the Southeast Asian economyin February increased 11%annually, reaching 204.99 billion RM (45.68 billion USD).

Of the figure, exports hiked by9.8% to 112.28 RM while imports rose by 12.4% to 92.71 billion RM. Notably,its trade surplus has been increasing for 34 consecutive monthssince May 2020, with a value of 19.56 billion RM.

MITI stated that trade, export and importreached the highest levels in February, with export growth being supported by crudeoil, liquefied natural gas, electrical and electronic (E&E) products.

According to the ministry, Malaysia'sexports to key partners, especially ASEAN and the US, recorded double-digitgrowth. In February, Malaysia's trade with ASEAN partners accounted for 27.4%of its total trade value, up 10% year-on-year to 56.14 billion RM. Ofwhich, exports rose by 14.8% to 33.69 billion RM, marking the 19th consecutive month with a double-digit growth rate. Meanwhile, imports also wentup 3.5% to 22.45 billion RM./. 

VNA
#Malaysian Ministry of International Trade and Industry #Vietnamplus #Vietnam News Agency #total trade value #double-digit growth #liquefied natural gas Malaysia
Follow VietnamPlus

Related News

Vietnam, Malaysia boost post-pandemic economic cooperation

Vietnam, Malaysia boost post-pandemic economic cooperation

There is a really great potential for Vietnam and Malaysia to promote economic cooperation in the post-COVID-19 period, especially in trade and investment, according to an official from the Malaysian Ministry of International Trade & Industry (MITI).
Huge potential for Vietnam-Malaysia trade cooperation: Expert

Huge potential for Vietnam-Malaysia trade cooperation: Expert

There remains great potential for Vietnam and Malaysia to promote economic and trade cooperation, especially in information and communication technology (ICT), infrastructure investment, digital economy and Halal foods, according to Shan Saeed, chief economist and global investment strategist at Malaysia-based IQI Global.
Malaysia posts record trade hike in June

Malaysia posts record trade hike in June

Malaysia’s trade turnover witnessed a record high in June, hitting 270.39 billion RM (over 60.6 billion USD), up 43.4% year-on-year, which is a clear sign of strong and flexible development of the country’s economic foundations.
Malaysia’s trade expands by 15.6% in November

Malaysia’s trade expands by 15.6% in November

Malaysia’s trade rose by 15.6% year-on-year in November to 238.17 billion RMB (about 53.6 billion USD), marking the 22nd straight month of double-digit growth, according to the Malaysia External Trade Development Corporation (MATRADE).

See more

Philippines, US boost economic cooperation, develop Luzon economic corridor

Philippines, US boost economic cooperation, develop Luzon economic corridor

Philippine President Ferdinand R. Marcos Jr. met with US Undersecretary of State for Economic Growth, Energy, and the Environment Jacob Helberg in Malacañang Palace on May 19 to discuss expanding bilateral economic cooperation. The meeting reaffirmed both countries’ commitment to strengthening economic and trade ties amid growing cooperation in strategic industries and emerging technologies.

Malaysian Foreign Minister Mohamad Hasan (Photo: Bernama)

Malaysia, Myanmar move towards diplomatic reset

Malaysia and Myanmar are moving to restore diplomatic relations following the inauguration of Myanmar President Min Aung Hlaing on April 10, Malaysia’s national news agency Bernama reported on May 20.

Workers harvest palm oil fruit in Pelalawan, Riau province, Indonesia. (Photo: AFP/VNA)

Indonesia tightens controls on coal, palm oil exports

Indonesian President Prabowo Subianto on May 20 announced new controls on the export of several strategic resources, including crude palm oil, coal, and iron-containing alloys, in a bid to boost state revenues and curb foreign exchange losses amid economic pressures stemming from conflict in the Middle East and global financial volatility.

OpenAI opens first applied AI lab in Singapore

OpenAI opens first applied AI lab in Singapore

At the heart of the partnership is the OpenAI Singapore Applied AI Lab, a first outside the US. The lab will support work aligned with Singapore’s AI missions and national priorities, particularly in the areas of public services, finance, healthcare and digital infrastructure.

Screenshot of the article titled “President Ho Chi Minh – A National Hero of Vietnam” on Cambodian Express News (Photo: VNA)

Cambodian newspaper praises President Ho Chi Minh as National Hero of Vietnam

The article provided an in-depth introduction to the life, career and revolutionary journey of National Hero, President Ho Chi Minh. It also highlights the achievements and legacy he left to the Vietnamese nation and people, as well as his contributions to fostering friendship, cooperation and prosperity among peoples in the region and around the world.

President Ho Chi Minh visits and inspects a southern military unit regrouped in the North during a training exercise before returning to the southern battlefield in June 1957. (Photo: VNA)

Italian Communist Party honours Ho Chi Minh’s lasting legacy

The Italian Communist Party on May 19 published an article paying tribute to President Ho Chi Minh on the occasion of his birth anniversary, describing him as a pivotal leader of Vietnam’s liberation struggle and a global symbol of anti-colonial resistance and anti-imperialist movements.

Malaysia's Economy Minister Akmal Nasrullah Mohd Nasir. (Photo: Bernama)

Malaysia rolls out four strategies to tackle supply chain crisis

Malaysia’s gross domestic product (GDP) growth of 5.4% in the first quarter of 2026, coupled with the unemployment rate remaining at full-employment levels, provides a strong foundation for the government to implement more structured, proactive and responsive measures to address current economic challenges.

Singapore: Illegal e-cigarette market persists despite ban

Singapore: Illegal e-cigarette market persists despite ban

In a report published on May 18, the EU-ASEAN Business Council (EU-ABC) and market research firm Euromonitor International said illicit tobacco sales in Singapore, comprising mainly illicit cigarettes and e-vaporisers, resulted in an estimated 156 million SGD in lost government revenue over the same period.

Thailand tightens durian quality control

Thailand tightens durian quality control

Durian is not only a key agricultural export but also an important economic asset, contributing to incomes for farmers, exporters and the logistics sector, while promoting Thailand’s culinary image in the global market, according to Thai Minister of Agriculture and Cooperatives Suriyas Junrungreangkit.

Cambodia has been ranked the world’s leading country for natural environment in 2026 by US News & World Report. (Photo: phnompenhpost.com)

Cambodia ranked world’s top country for natural environment in 2026

Cambodia currently manages 73 protected natural areas covering more than seven million hectares, equivalent to about 41% of the country’s total land area. These protected areas play a vital role in forest conservation, wildlife habitat protection and biodiversity preservation through stricter law enforcement and conservation measures.

AI-related demand pushes Singapore exports in April

AI-related demand pushes Singapore exports in April

Singapore's exports to the US surged 59.6%, reversing a fall of 2.8% in March. Shipments to China climbed 37.8% from 20.3% the previous month and those to the European Union rose 33.4% after shrinking 12.2% in March.

Pressure on the rupiah has mounted as global oil prices surge amid Middle East tensions and developments involving Iran, increasing Indonesia’s energy import costs. (Photo: AFP/VNA)

Indonesia’s rupiah hits record low amid market turmoil

The Indonesian rupiad at one point on May 18 dropped more than 1% to around 17,668 IDR per USD, its weakest level on record. Indonesia’s benchmark stock index also plunged more than 4% after a long holiday, reflecting growing investor concerns.