PENANG REMAINS MALAYSIA'S TOP EXPORTER IN SEPTEMBER -- DOSM

Penang remained Malaysia's top exporter in September 2023, with a 34.6% share, said the Department of Statistics Malaysia (DoSM).

In a statement, Chief Statistician Malaysia Datuk Seri Dr Mohd Uzir Mahidin said the next four states with the highest exports were Johor (19.3%), Selangor (17.1%), Sarawak (6.8%) and Kedah (5.0%).

He said the five states accounted for 82.8% of the country's exports.

During the month under review, Penang's exports were 10.1% lower year-on-year (y-o-y) at RM43 billion, while imports declined 15.2% y-o-y to RM20.9 billion.

Overall, he said Malaysia's total trade for September 2023 amounted to RM224.4 billion, with exports and imports recorded at RM124.5 billion and RM100.0 billion, respectively.

He said exports were 13.7% lower y-o-y, while imports fell 11.1% over the same month last year due to an overall decline in most states.