Sarawak records RM40 bil in export revenue in first 5 months of year

KUCHING: Sarawak recorded RM40 billion in export revenue for January-May 2018, says Sarawak’s international trade and e-commerce ministry.

Minister Wong Soon Koh said among the main exports were oil and gas products, liquefied natural gas, palm oil, timber and aluminium.

“Japan was the biggest importer with 28.7% or RM11 billion of total exports.

“This was followed by Peninsular Malaysia (15%, RM6 billion), China (8.9%, RM3.5 billion), South Korea (8.1%, RM3.1 billion), Taiwan (6.7%, RM2.6 billion) and other countries,” he said.

The minister was speaking at an event at The Common Cafe, The Old Court House, here today.

In another development, Wong said the ministry had been participating in various activities, such as business forums, exhibitions, training, seminars and courses held overseas to look for opportunities to introduce products with export potential.

“Therefore, we encourage business people and entrepreneurs in the state to join these (overseas) programmes to introduce marketable products for the foreign market.

“This will also help diversify Sarawak’s exports.

“We are also giving financial assistance, such as the Sarawak Marketing Development Grants and the Sarawak e-Commerce Grants.”