Malaysia’s Involvement In BRICS Fuels Economic Growth


Kuala lumpur: The government views Malaysia’s involvement in BRICS as being aligned with efforts to drive the national economy to grow more rapidly, sustainably, and resiliently. The Ministry of Foreign Affairs (Wisma Putra) emphasized the significance of this alliance in a written reply on the Parliament website.



According to BERNAMA News Agency, BRICS offers significant potential for Malaysia’s exports, including palm oil, rubber, electrical and electronics, as well as services such as tourism and healthcare. This engagement not only provides market access but also opens up opportunities for industrial cooperation, particularly in energy, critical minerals, and technology sectors. These areas are in line with Malaysia’s strategic initiatives, such as the New Industrial Master Plan 2030 and the National Energy Transition Roadmap.



The Ministry highlighted that such cooperation supports Malaysia’s aspirations in green growth, digital transformation, renewable energy, and high-value industrial development. Malaysia’s total trade with BRICS member countries for 2024 has reached RM818 billion, representing 35.2 percent of Malaysia’s total global trade. Notably, exports to BRICS nations amount to RM334.85 billion, accounting for 45 percent of the country’s total global exports.