International Trade in Malaysia

International Trade in Malaysia

The growth rate of GDP remained high until the first half of 2008 (6% in average), after that, it suffered the effects of the global crisis and was strongly reduced in 2009 (-1.7%).  The effects of the crisis were softened by a important budgetary stimulus plan.  The growth, estimated at... Read more

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Market Analyses About Malaysia (129)

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  • Universal Consensus

    Universal Consensus

    Cross-Cultural Training, Malaysia

    Universal Consensus is a global business advisory firm specilized in cross-cultural consulting whose mission is to help clients to...
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    High Beam Global

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    HBG is a full service Market Research agency providing research and support services to companies ranging from boutique research...

Business Tips About Malaysia (154)

Agents and Distributors in Malaysia (50)

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    Bhakhrani International

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    Agri Focus Services

    Commodity Sales and Distribution, Malaysia

    Agri Focus Services  is a business setup formed in Malaysia.  Our primary trade focus is in agricultural products mainly palm...

Overview About International Trade in Malaysia

Main Industry Sectors

Agriculture employs around 15% of Malaysians and contributes to 10% of the GDP. Malaysia is ranked amongst the world's main producers of palm oil, cocoa, and rubber. The country is also one of the main exporters of tropical wood. Malaysia has successfully developed its economy based on raw materials (the export of rubber and tin, significant reserves of oil and gas, copper and bauxite).

Industry contributes to around 40% of the GDP.  Malaysia is one of the world's largest exporters of semi-conductor devices, electrical goods and appliances, and the government has ambitious plans to make of Malaysia the main producer and developer of high-tech products, including software. Malaysia is a major outsourcing destination for components manufacturing after China and India. The country has attracted significant foreign investments which have played a major role in the transformation of Malaysia's economy.

The tertiary sector accounts for nearly half of the GDP, which is due mainly to the tourism sector. Malaysia has become one of South-East Asia's major tourist destinations.

 

Economic Overview

The growth rate of GDP remained high until the first half of 2008 (6% in average

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