Malaysia’s halal product exports up 15% in 2024
Minister says Malaysia has maintained its top position in Global Islamic Economy Indicator rankings for 10 consecutive years
KUALA LUMPUR, Malaysia (MNTV) – Malaysia’s halal product exports reached $14.73 billion in 2024, marking a 15% increase from the same period of 2023, reports The Edge.
According to Investment, Trade and Industry Minister Zafrul Aziz, Malaysia has maintained its top position in the Global Islamic Economy Indicator rankings for 10 consecutive years, ahead of Saudi Arabia, Indonesia, and the United Arab Emirates.
“The halal industry constitutes a significant portion of Malaysia’s gross domestic product (GDP), with projections estimating a 10.8% contribution or RM231 billion by 2030. This growth is primarily driven by a robust halal ecosystem across sectors such as food, finance, and travel,” he said.
He made these remarks in his officiating speech at the soft launch of the 21st Malaysia International Halal Showcase (MIHAS) 2025 on Wednesday.
Zafrul said the global demand for halal products is currently valued at over $3 trillion and is expected to grow to $5 trillion by 2030.
“Malaysia’s leadership in this sector is a testament to our continued innovation and dedication.
Have Your Say!
Have you been affected by the issues raised in this story? Please share your experiences by emailing haveyoursay@soundvision.com.
Please include a contact number if you are willing to speak to a Muslim Network TV’s representative. You can also get in touch in the following ways:
Tweet: @MuslimNetworkTV
We must take charge of our narrative. Research indicates that 92% of their Muslim coverage is negative. Help us change that.
