Malaysia eTRADE 2.0 Project Boosts Cross-Border Exports to RM438 Million
The Malaysian External Trade Development Corporation (MATRADE) reports that the eTRADE 2.0 project has successfully aided over 2,000 SMEs in achieving RM438 million in cross-border export sales, with products entering 163 global markets, indicating robust growth potential for cross-border e-commerce in Southeast Asia.
What are the key facts?
- 1Project Name: eTRADE 2.0
- 2Export Value: RM438.7 million
- 3Covered Markets: 163 international markets
- 4Benefiting Enterprises: Over 2,000 SMEs
What happened?
The assessment of MATRADE's eTRADE 2.0 project shows that the program has helped over 2,000 SMEs achieve export sales of RM438.7 million in 163 international markets. Main export categories include food, beverages, cosmetics, and household goods.
What does this mean for cross-border sellers?
Ongoing policy incentives for cross-border trade in Southeast Asia and emerging markets provide opportunities for sellers to monitor the international expansion trends of Malaysian SMEs and seek potential supply chain collaboration opportunities.