The Export Development Board (EDB) reported a total export revenue of $16.17 billion in 2024, marking a 7.06% growth compared to 2023.

According to the EDB, cumulative merchandise exports contributed $12.7 billion, while service exports accounted for $3.46 billion.

In December 2024 alone, merchandise and service exports were valued at $1.042 billion and $322 million, respectively, totaling $1.365 billion for the month.