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Malaysia Commodity & Manufactured Exports Contents


Malaysia Leading Manufactured Exports


Malaysia Balance of Trade info in RM & US Dollars

 

Malaysia Commodity and Manufactured Exports

% Share of Total and Manufactured Exports

1980 1985 1990 1995 1998
Rubber Export 16.5 7.6 3.8 2.2 1.1
Palm Oil 9.0 10.4 5.5 5.6 5.8
Saw-logs and Sawn Timber 13.6 7.2 5.1 3.3 1.5
           
Crude Oil Export 23.9 22.9 13.4 3.6 2.6
*LNG - - - 1.7 2.9
Tin Export 8.9 4.3 1.1 0.3 0.2
           
Manufactured Goods 21.8 32.0 59.2 80.0 80.5
     
2014 Wooden Furniture export RM8.01 Billion
 
Malaysia Pepper Export Malaysia Furniture Export
Malaysia Footwear Export Malaysia Exports to Japan
Malaysia Exports to Italy Malaysia Palm Oil Export
Malaysia Textile Export Info on Malaysia Trade Data

 

Electronic Equipment & Parts Export       Malaysia Top 10 Export Countries
 

Major export - market for Malaysia are in the ASEAN region in 1997

To Singapore 24% and USA 22%. The European Union 11% and Japan 11%


 
*LNG was only officially accounted as a separate item of key F.O.B. export items in 1992 *LNG however was first exported in July 1985 to Japan
 

Malaysia International Trade Data

GDP (RM million's) Exports of goods and services (RM million's) Imports of goods and services (RM million's) *Openess
of Economy
1985 71,800 42,881 41,109 1.2
1990 115,701 88,354 85,920 1.6
1995 218,671 208,699 217,453 1.9
1996 249,503 229,841 227,286 1.8
1997 275,367 261,227 257,407 1.9
1998 278,724 324,677 262,506 2.1

 
  *Openness Malaysia is a very open economy. The indicator for openness of the economy is measured by the formula (Export Plus Import) / GDP jump from 1.2 in 1985 to 1.6 in 1990 to 1.9 in 1995 and 2.1 in 1998. This signifies the high degree of Malaysia's involvement in International trade.
 

Malaysia's openness - is reinforced by the leap in ranking in world trade from being 43rd largest export nation in 1980 to 25th in 1990 and to 19th place in 1998
 

In terms of imports - Malaysia went from its 42nd place in 1980 to 26th in 1990 and 17th in 1997 before dropping back to 22nd place in 1998

 

Malaysian GST "Goods and Service Tax", Custom Excise duties and Import taxes when importing goods into Malaysia -- effective as of 1st April 2015
 

GST and Malaysian Custom Excise import duties shall be leviable on the goods imported into Malaysia
 

The rate of GST is 6% and Excise import duties varies according to the type of goods imported.


 
 

Bill of Lading A document supplied to the exporter by the shipping company that is transporting the goods to their foreign destination, listing, item by item, the goods being shipped. It serves three basic purpose:

1. To acknowledge receipt by the carrier of the exporter's goods.

2. To indicate the carrier's contractual obligation to transport the goods to their destination in exchange for payment.

3. To record transfer of title (or ownership) from the seller to the buyer when payment for the goods takes place. Airlines use what is called an Air Waybill.


 

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