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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 Furniture Export
Malaysia Exports to Japan
Malaysia Palm Oil Export
Info on Malaysia Trade Data
Malaysia Pepper Export
Malaysia Footwear Export
Malaysia Exports to Italy
Malaysia Textile Export
    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

 

Malaysian SST "Goods and Service Tax", Custom Excise duties and Sales & Service Import taxes when importing goods into Malaysia -- effective as of 1st September 2018


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


The rate of SST is 5% t0 10% plus Excise import duties that varies according to the type of goods imported.

 
  *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


 

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