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Malaysia’s Exports to CPTPP Countries Rise 3.6% in First Nine Months of 2025

Doha: Malaysia's Exports to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Regional Comprehensive Economic Partnership (RCEP) member countries increased from January to September 2025 despite uncertain global trade conditions.

According to Qatar News Agency, the Malaysian Ministry of Investment, Trade and Industry (MITI) reported that exports to CPTPP member countries rose by 3.6% to RM362.51 billion for January to September 2025 compared to the same period last year.

Exports of palm oil and palm-based products increased by 7.5% to RM7.35 billion, while exports of electrical and electronics (E and E) products rose by 19.3% to RM157.02 billion.

Exports of petroleum and petroleum products fell by 25% to RM37.57 billion due to maintenance of oil and gas wells in Malaysia.

Bilateral trade between Malaysia and the United States, which is also the country's largest export market, in 2024 recorded RM325 billion, with Malaysia's exports valued at RM198.65 billion.

MITI noted that if high reciprocal tariffs are imposed, they would have a negative impact on the country's industrial ecosystem as well as on regional and international supply chains.

MITI pointed out that the government took steps to strengthen trade relations with the US through the Agreement of Reciprocal Trade (ART) as it recognised the negative impact of high tariffs on the country's exports.