PASIR GUDANG: Johor has contributed about RM753bil or 29% of Malaysia’s total trade volume in 2023, says state executive councillor Lee Ting Han.

The state investment, trade, consumer affairs and human resources committee chairman added that from the amount, some RM414bil was in export value while RM39bil was in import value.

“This achievement is not just a statistic but is a testament to Johor's strategic importance and its pivotal role in Malaysia’s economic development,” he added.

Lee, who is also the Paloh assemblyman, said this in his speech before officiating Grief Malaysia’s new factory here on Tuesday (Sept 3).

He added that Johor has become the main exporter of petroleum products, integrated electronic circuits as well as electrical and electronic goods, industries that served to accommodate various economic activities.

Lee also said that based on reports from Department of Statistics Malaysia (DOSM), Johor’s export value rose to 5.2% in July this year.

“With such good trend, the state government is optimistic that Johor will see another good economic growth recorded again for this year,” he added.

https://www.thestar.com.my/news/nation/2024/09/03/johor-contributed-rm753bil-of-countrys-total-trade-volume-last-year-says-exco-member