Malaysia January Exports Post Fastest Growth in Over Three Years

Malaysian exports, driven by a surge in electronics shipments, rose at the fastest pace in over three years in January, according to data released by the Ministry of Investment, Trade and Industry on Friday.

Exports jumped 19.6% year-on-year, beating the median estimate of 14.3% in a Bloomberg News survey. It marked the highest increase since September 2022, according to data compiled by Bloomberg. Shipments of electrical and electronic products, including semiconductors, surged 39.5% from a year ago.