Malaysia’s exports to CPTPP members reach RM486.6b

3 Mar 2026, 8:53 AM
Malaysia’s exports to CPTPP members reach RM486.6b

KUALA LUMPUR, March 3 — Malaysia’s exports to Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) members rose by 4.7 per cent to RM486.80 billion in 2025, compared with RM464.80 billion in 2024.

Minister of Investment, Trade and Industry Datuk Seri Johari Abdul Ghani said the increase was largely driven by higher exports to Mexico (up 57 per cent), Chile (15.3 per cent), Singapore (8.1 per cent), Vietnam (2.6 per cent), the United Kingdom (2.4 per cent), Canada (2.1 per cent), and Peru (1.6 per cent).

He said that through the CPTPP, exporters can access non-traditional markets such as Canada, Mexico and Peru and, for the first time, gain preferential access to the UK market, which had previously been subject to regular tariffs.

“Statistics show that the issuance of certificates of origin (CO) for the CPTPP bloc surged dramatically to 21,993 COs in 2025, with an export value of RM7 billion, compared with 6,230 COs and RM2.7 billion in exports in 2023.

“This proves that local companies are increasingly savvy in leveraging CPTPP tariffs and are aggressively exploring alternative markets for goods, services and raw material supply chains,” he told the Dewan Negara when winding up the debate on the Agong’s Royal Address for his ministry today.

Johari said Malaysia has always held a firm position that any unilateral actions challenging the principles of free trade should be addressed collectively through the World Trade Organisation (WTO).

However, he said that to confront global uncertainty pragmatically, Malaysia has also initiated integrated cooperation among trading partners within free trade agreements (FTAs), without taking a confrontational stance toward any global economic power.

“Malaysia’s proposal was well received by the CPTPP Commission, which endorsed our initiative for leading integrated cooperation among the trade promotion organisations (TPOs) of the 12 member countries.

“This effort aims to maximise the bloc’s intra-regional economic potential and help micro, small and medium enterprises capture the benefits of the CPTPP through better coordination of market intelligence and more effective trade missions,” he said.

Therefore, Johari said Malaysia, through the Investment, Trade and Industry Ministry (MITI) and Malaysia External Trade Development Corporation (MATRADE), has mobilised cooperation among TPOs to stimulate intra-CPTPP trade flows.

He said this effort has also been put into practice through MATRADE’s Export Acceleration Mission programmes, which are specifically focused on non-traditional markets.

“Their effectiveness was proven in Mexico, which recorded an export surge of 59.7 per cent in 2025, reaching a value of RM30.1 billion,” Johari said.

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