MIEF visited the Malaysia External Trade Development Corporation (MATRADE) and engaged in a constructive discussion with the MATRADE Johor Director, Mr. Zamzuri Mohamed. The dialogue was centered on potential collaboration opportunities, particularly in the realm of export promotion. This alliance aims to empower local entrepreneurs through enhanced resources and support, promoting growth and innovation within the community.
4, August 2024 – Malaysia International Entrepreneur Federation (MIEF) recently conducted a visit to the Malaysia External Trade Development Corporation (MATRADE) Johor to strengthen collaboration and explore new opportunities for Malaysian entrepreneurs on a global scale.
During the visit, MIEF representatives were briefed on Malaysia’s latest trade performance statistics, which highlighted a remarkable growth in both exports and imports. The delegation was particularly impressed by the significant increase in the country’s total trade value, which reached RM118.79 billion in the first quarter of 2024, marking a 23.6% increase from the previous year.

Key topics of discussion included:
• Major Export Sectors: The travel sector, other business services, and transport services, which collectively contributed to 70.9% of Malaysia’s total exports.
• Import Highlights: Significant imports in the transport, travel, and other business services sectors, accounting for 70.7% of total imports.
• Trade Deficit and Surplus: Insights into narrowing deficits in transport and other business services, and surpluses in travel, manufacturing services, construction, and financial services.
The MIEF delegation also explored potential partnerships and programs to enhance the capacity of Malaysian entrepreneurs to tap into international markets. They emphasized the importance of leveraging Malaysia’s strategic position and favorable business environment to attract foreign investments and boost economic growth.
The visit underscored the commitment of MIEF and MATRADE to support Malaysian businesses in navigating the complexities of global trade and to ensure sustained economic development.
About MIEF:
Malaysia International Entrepreneur Federation (MIEF) is dedicated to fostering the growth of Malaysian entrepreneurs through networking, education, and international collaboration.
About MATRADE:
The Malaysia External Trade Development Corporation (MATRADE) is Malaysia’s national trade promotion agency, tasked with assisting Malaysian companies in establishing their presence in international markets.