Malaysia's GDP expanded by 5.9% year-on-year in the second quarter of 2024, surpassing the estimates, the Malaysian government and the Bank Negara Malaysia (BNM) have reported.
Malaysia’s foreign trade rose nearly 25% in 2021 to hit the 2 trillion RM (nearly 450 billion USD) mark for the first time after recording negative growth for two consecutive years, said the Department of Statistics Malaysia (DoSM).
Malaysia’s exports in June rose 29.3 percent year-on-year to 188.7 billion RM (about 44.55 billion USD), according to the Ministry of International Trade and Industry (MITI).