47 Spurring Exports In The New Norm Trade Performance Report 01 02 03 04 05 In 2020, significant growth in exports were recorded to the emerging markets notably Costa Rica, Kenya, Nigeria, Ghana, Cote d’Ivoire and Kazakhstan. Exports to Costa Rica surged by 405.6% to RM1.29 billion and Kazakhstan (↑61.4%, RM433.6 million), underpinned by higher exports of E&E products. Exports to Kenya expanded by 49.8% to RM2.25 billion, Ghana (↑80.8%, RM1.26 billion) and Cote d’Ivoire (↑75.3%, RM480.9 million), attributed to increase in exports of palm oil and palm oilbased agriculture products. Meanwhile, exports to Nigeria picked up by 33.7% to RM2.69 billion on the back of higher exports of petroleum products. Emerging Export Markets EMERGING EXPORT MARKETS Nigeria 33.7% to RM2.69 billion Due to Exports of Petroleum Products Costa Rica 405.6% to RM1.29 billion Kazakhstan 61.4% to RM433.6 million Due to Exports of E&E Products Kenya 49.8% to RM2.25 billion Ghana 80.8% to RM1.26 billion Cote d'lvoire 75.3% to RM480.9 million Due to Exports of Palm Oil (Agriculture)
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