Malaysia-Japan trade hits US$23.3b in Jan-July 2026, Johari Ghani pushes deeper economic ties

KUALA LUMPUR, Sept 1 — The total bilateral trade between Malaysia and Japan increased by 11.8 percent, reaching US$23.3 billion (RM94 billion) during the first seven months of 2026, compared to the same period in the previous year, according to Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani. Japan remains among Malaysia's crucial trading partners and investment destinations, thanks to years of economic cooperation.

Speaking at the 43rd MAJECA-JAMECA Joint Conference, Johari emphasized Malaysia's intent to deepen and broaden its economic ties with Japan. He stressed restoring and exceeding the ambition, intensity, and confidence that once characterized Malaysia-Japan relations, without replicating past models, but adapting them to future opportunities.

Johari highlighted the strong alignment in economic priorities between Malaysia and Japan, focusing on security, resilience, and the Asean region's growth. He also expressed a desire to see Malaysian SMEs become global suppliers, not just to multinational corporations in Malaysia, but to international supply chains. Furthermore, Johari pointed out Japan's potential in assisting Malaysia's transition to a more advanced semiconductor value chain, providing the necessary technical expertise and infrastructure.