Penang's Export Forecast at RM574 Billion by 2025, Leading Malaysia's Export Sector
Penang is projected to account for 36% of Malaysia's total exports by 2025, demonstrating its critical role in the national economy. The electrical and electronics sector remains the key driver, contributing RM436.9 billion, or 68% of Malaysia's E&E exports.
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By 2025, Penang's export value is expected to reach RM574 billion, underscoring its position as a major player in Malaysia’s export landscape. The state recorded approved manufacturing investments of RM22.4 billion, a 29% increase from 2024, with the electrical and electronics sector attracting RM11.3 billion in investments.
The Penang Automation, Test and Equipment Campus initiative aims to enhance the semiconductor ecosystem and is part of the National Semiconductor Strategy led by InvestPenang. Key focus areas include advanced packaging and medical technology. Industry collaboration between multinational and local firms is crucial for success, particularly in knowledge sharing and supply chain resilience.
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