Chief statistician Mohd Uzir Mahidin says there has been a persistent negative trend in travel services since 2020 as Malaysia shut its borders to mitigate the spread of Covid-19. – The Malaysian Insight file pic, June 8, 2022.
MALAYSIA has recorded its highest trade deficit in services, which widened to RM60.7 billion against a RM47.2 billion deficit in 2020 due to lower inbound travel, the Statistics Department said. Presenting DOSM’s Statistics of International Trade In Services 2021 today, chief statistician Mohd Uzir Mahidin said the Covid-19 pandemic impacted services trade severely.
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