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The Decline of Malaysia’s Trade and GDP during Covid-19

Author

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  • Nur Aniera Alieana Mohamad Zani

    (Faculty of Business and Management, Universiti Teknologi MARA, Pasir Gudang Branch, 81750 Masai, Johor, Malaysia)

  • Suhana Mohamed

    (Faculty of Business and Management, Universiti Teknologi MARA, Pasir Gudang Branch, 81750 Masai, Johor, Malaysia)

  • Fatin Farazh Ya’acob

    (Faculty of Business and Management, Universiti Teknologi MARA, Segamat Branch, 85000 Segamat, Johor, Malaysia)

Abstract

In late 2019, the rapid spread of COVID-19 triggered an unprecedented global health crisis, affecting people worldwide and presenting severe challenges in China and many other regions, including Malaysia. This study aims to investigate the impact of COVID-19 on Malaysia’s economy. The information and data presented in this paper are sourced from secondary data. This article is organized into several sections, each focusing on critical components of the topic. The first section analyzes the origins of the COVID-19 pandemic, its initial emergence, and its effects on Malaysia’s economy, particularly in imports, exports, and gross domestic product (GDP). To explore the connections between GDP, imports, and exports, we employ a comprehensive literature review, examining historical research conducted by various authors. This review helps us understand how these economic indicators interact with one another. Additionally, we will discuss key events that occurred before and during the transmission of COVID-19 to illustrate the virus’s influence on Malaysia’s economy. The article includes a graph displaying the trends of GDP, imports, and exports from 2017 to 2021, which we will use to conclude the relationships among these three variables, supported by findings from past research. As a result, the findings suggest that imports and exports have a relationship with the GDP.

Suggested Citation

  • Nur Aniera Alieana Mohamad Zani & Suhana Mohamed & Fatin Farazh Ya’acob, 2024. "The Decline of Malaysia’s Trade and GDP during Covid-19," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 8(11), pages 782-789, November.
    • Handle: RePEc:bcp:journl:v:8:y:2024:i:11:p:782-789
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    References listed on IDEAS

    as
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