KUALA LUMPUR: Malaysia’s halal product exports surged to RM61.79 billion in 2024, marking a 15% increase from RM53.72 billion the previous year, according to the Ministry of Investment, Trade and Industry (MITI).
MITI deputy secretary-general (industry) Hanafi Sakri attributed the growth to Malaysia’s robust halal ecosystem, particularly in sectors such as food and beverage, finance, and travel. He shared the update during the soft launch of the Malaysia International Halal Showcase 2025 (MIHAS).
Malaysia continues to lead the Global Islamic Economy Indicator rankings for the 10th consecutive year, underscoring its strong presence in Islamic finance and halal-related sectors.
Looking ahead, the halal industry is projected to contribute RM231 billion—or 10.8%—to Malaysia’s GDP by 2030.
Meanwhile, Malaysia External Trade Development Corporation (Matrade) chairman Reezal Merican Naina Merican said the nation’s 2025 export target of RM1.58 trillion remains attainable despite global challenges. He noted that Matrade is working on strategies to diversify markets and address trade deficits.
Malaysia’s total exports reached RM1.51 trillion in 2024, surpassing its original target by RM10 billion.–FMT
