The sales value of the Manufacturing sector expanded by 8.6 percent year-on-year in December 2022 to record RM156.3 billion while overall performance reaching RM1.8 trillion in 2022. According to, DOSM the expansion of sales value in December 2022 was reinforced by the double-digit growth in Transport Equipment & Other Manufactures subsector (10.9%); Petroleum, Chemical, Rubber & Plastic Products (10.3%); and Food, Beverages & Tobacco Products (10.3%).
The sales value of export-oriented industries which accounted for 72.5 percent of total sales, grew modestly by 9.2 percent
in December 2022 as compared to double-digit growth of 13.6 percent recorded in November 2022. In addition, sales value in domestic-oriented industries improved slightly to 7.2 percent as against 7.1 percent growth in the previous month.
There were 2.34 million persons engaged in the Manufacturing sector in December 2022, which went up by 3.4 percent as compared to a year ago (December 2021: 2.26 million persons). The addition was largely contributed by the Electrical & Electronic Products ( 5.2%); Food, Beverages & Tobacco Products (4.9%); and Petroleum, Chemical, Rubber & Plastic Products (2.6%) subsectors. In line with the increase in employment, the salaries & wages paid in the Manufacturing sector grew by 5.4 percent, amounting to RM8.56 billion.
The sales value went up by 5.1 percent as compared to the same month in 2021 to record RM66,937 while the average
salaries & wages per employee amounted to RM3,666. In the fourth quarter of 2022, the sales value of the Manufacturing sector continued to record double-digit growth of 11.1 percent as compared to the same quarter of the previous year to reach RM474.4 billion. The growth was propelled by Petroleum, Chemical, Rubber & Plastics Products (16.2%); Electrical & Electronics Products (14.8%); and Food, Beverages & Tobacco Products (6.5%) subsectors. As for the number of employees and salaries & wages during the quarter, improved by 3.4 percent and 5.0 percent respectively.
Summarising the overall performance for the year 2022, the sales value of the Manufacturing sector was RM1,800.7 billion,
which soared by 15.8 percent as of 2021. During the year, the number of employees added by 3.4 percent to record a total of 2.34 million persons with salaries & wages increased by 5.2 percent to RM94.5 billion. Moreover, sales value per employee
registered a growth of 12.1 percent, amounting to RM771,048.
