MIDF research maintains exports, imports y-o-y projections at 9.2pc, 9.5pc

KUALA LUMPUR, March 20 — MIDF Research has maintained that Malaysia’s exports and imports projection is expected to expand slower by 9.2 per cent and 9.5 per cent year-on-year...

KUALA LUMPUR, March 20 — MIDF Research has maintained that Malaysia’s exports and imports projection is expected to expand slower by 9.2 per cent and 9.5 per cent year-on-year , respectively, this year, driven by the improvement in trade numbers in February 2023.

“Expanding external demand for electric and electronics and commodities, particularly petroleum and palm oil, will continue to drive export growth this year. However, the performance of commodity trade will be subject to the price effect, as current prices are relatively lower than last year.

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