This marks a 15% increase from the RM53.72 billion recorded the previous year.
Miti deputy secretary-general (industry) Hanafi Sakri announced the figures at the soft launch of the Malaysia International Halal Showcase 2025 (Mihas) here.
“Malaysia continued to maintain its top position in the Global Islamic Economy Indicator rankings for 10 consecutive years. Malaysia’s strength lies in Islamic finance, halal food, as well as media and recreation.
“In 2024, Malaysia’s halal product exports reached RM61.79 billion, an increase of 15% from RM53.72 billion recorded in the same period of 2023,” he said.
Hanafi noted that the halal industry constituted a significant portion of Malaysia’s gross domestic product, with projections estimating its contribution will rise to 10.8%, or RM231 billion, by 2030.
“This growth is primarily driven by our robust halal ecosystem in sectors such as food and beverage, finance, and travel.”
Malaysia External Trade Development Corporation (Matrade) chairman Reezal Merican Naina Merican described the country’s target of RM1.58 trillion in exports this year as “a humble target” although he foresaw challenges ahead.
Nonetheless, Reezal said Matrade was implementing several strategies, including market diversification, particularly towards emerging markets.
“We are focusing on trading partners that currently contribute to our trade surplus. At the same time, we are also reviewing partners with whom we have a trade deficit, and exploring how we can eliminate or reduce that gap,” he said.
In March, it was reported that Matrade had been tasked with increasing the country’s export value by 5% to RM1.58 trillion in 2025.
By the end of 2024, Matrade had recorded RM1.51 trillion in export, exceeding its actual target by about RM10 billion. - FMT
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