What is Malaysia’s main export?
Malaysia’s main exports are: electrical and electronics products (36 percent), chemicals (7.1 percent), petroleum products (7.0 percent), liquefied natural gas (6 percent), and palm oil (5.1 percent).
What does Malaysia export to other countries?
Exports The top exports of Malaysia are Integrated Circuits ($63B), Refined Petroleum ($17.8B), Petroleum Gas ($11.5B), Semiconductor Devices ($9.65B), and Palm Oil ($8.91B), exporting mostly to Singapore ($36.2B), China ($36.2B), United States ($30.7B), Hong Kong ($17.2B), and Japan ($16.3B).
What products do we export to the EU?
In 2020, the top 5 EU export products were machinery and equipment (13.0 % of total exports), pharmaceutical products (11.1 %), motor vehicles (10.7 %), chemical products (8.8 %) and computer, electronic and optical products (8.4 %).
What does Malaysia export and import?
Malaysia Exports and Imports of Product Groups 2019
Malaysia Raw materials exports are worth US$ 12,844 million, product share of 5.39%. Malaysia Raw materials imports are worth US$ 22,887 million, product share of 11.17%. Malaysia Intermediate goods exports are worth US$ 47,959 million, product share of 20.14%.
What is Malaysia main source of income?
According to the World Bank, Malaysia is an upper-middle income country. The manufacturing sector, including electronics, has emerged as the leading economic sector, followed by agriculture (agriculture, livestock, forestry and fisheries), and the retailing and hospitality sectors.
What does Malaysia export to us?
The top export categories (2-digit HS) in 2019 were: electrical machinery ($4.4 billion), machinery ($1.3 billion), aircraft ($1.1 billion), optical and medical instruments ($998 million), and plastics ($871 million).
What does Malaysia export to Singapore?
The main products that Malaysia exported to Singapore are Integrated Circuits ($9.26B), Refined Petroleum ($6B), and Semiconductor Devices ($1.31B). During the last 24 years the exports of Malaysia to Singapore have increased at an annualized rate of 3.62%, from $15.4B in 1995 to $36.2B in 2019.
What does Malaysia export to Japan?
The Malaysian side emphasized that Japan is an important market for Malaysia’s timber and timber products and, primary processed products such as logs still form the bulk of its current exports to Japan. Malaysia currently exports around 1.5 million m3 of logs to Japan.
What food does UK export to EU?
Salmon, beef, pork, cheese and animal feed were the top five UK food chain items exported to the EU taking the biggest percentage hit in January, with overall exports down 75.5% on January 2020.
What products does Europe import?
In 2020, the top 5 EU import products were computer, electronic & optical products, crude petroleum & natural gas (both 13 % of total imports), chemicals & chemical products (7 %), machinery & equipment and motor vehicles, trailers & semi-trailers (both 6 %).
What does US export to EU?
The top export categories to the EU included aircraft, machinery, pharmaceuticals, optic and medical instruments, and electrical machinery. The United States also exported more than $11.5 billion in agricultural products to Europe in 2016.