MATRADE's eTRADE 2.0 Project Drives Export Sales to RM438 Million
MATRADE's eTRADE 2.0 project has significantly helped local SMEs achieve large-scale exports through cross-border e-commerce platforms, successfully entering 163 international markets.
What are the key facts?
- 1Export sales RM438 million
- 2Coverage of 163 international markets
- 3Over 2000 SMEs benefited
What happened?
The Malaysia External Trade Development Corporation (MATRADE) has stated that its eTRADE 2.0 project has helped over 2,000 SMEs generate RM438 million in export sales from 2021 to 2025. The project offers grants, training, and technical support to help enterprises push their products onto global markets, covering areas such as food, beverages, and household goods. This initiative enables Malaysian export products to be available in 163 international markets, revitalizing the local economy.
What does this mean for cross-border sellers?
The Malaysian government is increasing support for cross-border e-commerce with various initiatives, providing sellers an opportunity to expand into international markets. However, failing to keep pace with policy changes may lead to competitive pressure. Top priority action: Assess your product's export potential this week and stay informed about related policies and subsidy information to act swiftly.