The State of the Nation: Economists: Exports to stay moderately strong in 2025
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Malaysia's exports are projected to grow modestly in 2025 following a rebound in April 2024; total exports rose 12.1% y-o-y to RM129.16 billion in August 2024; growth driven by electrical and electronics products and increased shipments to the US; Industrial Production Index expanded by 5.3% in July 2024; economists predict industrial output growth of 4.8% and merchandise export growth of 9.7% for 2025; global economy expected to grow 3.3% in 2025; potential risks include US presidential election outcomes, China's economic recovery, and geopolitical conflicts; services exports rose to 17% of total exports in H1 2024; palm oil sector performance supports overall export growth; Malaysia's export sector faces vulnerabilities from geopolitical shocks and economic slowdowns.
#Malaysia #Exports #Economy #2025 #IndustrialProduction #Geopolitics #Trade #Electronics #Services #EconomicGrowth
https://theedgemalaysia.com/node/727726
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