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Home Uncategorized Sarawak posts RM16.8 bln trade surplus in Q1 2025, says Awang Tengah
Uncategorized

Sarawak posts RM16.8 bln trade surplus in Q1 2025, says Awang Tengah

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Borneo Post Online
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AI Summary

Sarawak maintained strong economic momentum in Q1 2025, recording a RM16.8 billion trade surplus. Driven by key commodities like LNG, crude petroleum, and palm oil, 2024 exports rose 2.3% to RM133.8 billion, while imports increased 3.1% to RM64.5 billion, resulting in a RM69.3 billion trade surplus for the year. Deputy Premier Datuk Amar Awang Tengah Ali Hasan highlighted the state's commitment to shifting towards value-added products and expanding regional market access through strategic partnerships and new trade offices.

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