null Malaysia’s total trade with OIC countries up 24.6% this year
Malaysia’s total trade with OIC countries up 24.6% this year
29 Jul 2021 | Thursday Source: The Malaysian Reserve
Malaysia’s total trade with the Organisation of Islamic Cooperation (OIC) countries has slightly recovered with double digits growth at 24.6% to US$20.81 billion (RM88.1 billion) for the period of January to May 2021 from US$16.66 billion in the same period last year.
Exports registered US$10.49 billion between January and May this year, a 26.1% increase from US$8.32 billion in the same period in 2020 while imports rose 23.6% to US$10.32 billion from US$8.34 billion.