In 2023, Malaysia's major trading partners were ASEAN, China, the US, the European Union (EU) and Japan, representing 67.7% share of Malaysia's total trade. ASEAN remained a key trading partner for Malaysia, taking up 27.3% of Malaysia's total trade in 2023. Trade with ASEAN amounted to RM720bil.
Malaysias diplomacy will be based on increasing trade with above.
In 2023, Malaysia's major trading partners were ASEAN, China, the US, the European Union (EU) and Japan, representing 67.7% share of Malaysia's total trade. ASEAN remained a key trading partner for Malaysia, taking up 27.3% of Malaysia's total trade in 2023. Trade with ASEAN amounted to RM720bil.
Malaysias diplomacy will be based on increasing trade with above.