Matrade strengthens MSME exports through RM60 million allocation under Budget 2027

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Matrade strengthens MSME exports

Highlights

Budget 2027 allocates RM60 million to Matrade to strengthen exports, targeting RM12 billion in export sales through 200 activities in 2027.
As of September 2026, 10,300 MSMEs had registered with Matrade, with a focus on increasing this segment's participation as a key driver of the national economy.
Tax incentives for international trade fairs have been extended until the Year of Assessment 2030, expected to encourage more MSMEs to join global trade promotion activities.

This article was translated from the original. Read the original version by our correspondent here.

Budget 2027 allocation and export targets

As reported by The Edge Malaysia, citing a Matrade statement on Monday, the national trade promotion agency views the allocation as a timely and strategic investment to strengthen the resilience of Malaysian exporters, particularly micro, small and medium enterprises, or MSMEs.

Matrade stated that through 200 export development and promotion activities in 2027, the agency is targeting RM12 billion in export sales. As of September 2026, 10,300 MSMEs were registered with Matrade.

Its chairman, Datuk Seri Reezal Merican Naina Merican, said the RM60 million allocation will further strengthen confidence in the agency's ability to drive the country's export agenda. He said Malaysia's double-digit export growth in the first eight months of this year reflects the country's resilience amid geopolitical uncertainty and global supply chain disruptions.

Impact on MSMEs and the market diversification agenda

Reezal said the strategic focus is now on increasing the participation rate of MSMEs in Malaysia's export markets, with the goal of making the segment the backbone and key driver of the national economy. According to him, the global success of MSMEs will have a direct spillover effect on the economic prosperity of the people.

Matrade chief executive officer Datuk Indera Abu Bakar Yusof also expressed appreciation to the government for the allocation, saying the agency will ensure that every ringgit delivers tangible benefits to Malaysian exporters, especially MSMEs, through collaboration with partners and stakeholders in the export ecosystem.

Matrade said it will continue implementing export strategies encompassing market diversification, halal, services and digitalisation through the Madani Digital Trade Platform, while supporting MSME export development through the Matrade Academy and the National Trade Blueprint. The agency also believes that the extension of tax incentives for international trade fairs until the Year of Assessment 2030 is expected to encourage more MSMEs to participate in international trade promotion activities.

In our earlier article on Budget 2027 measures to strengthen export financing and MSME capacity, we explained how the government is providing RM1 billion in financing through Bank Pembangunan Malaysia Bhd, as well as an RM60 million allocation to Matrade, to help local companies enter and diversify overseas markets. We also covered allocations for Nadi and other digitalisation initiatives, against the backdrop of Malaysia's strong trade performance in the first eight months of 2026.

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