The most imported and exported products in Malaysia
Updated on Tuesday 16th August 2016
The top exported products by Malaysia include integrated circuits, computers and office machine parts, telephones, petroleum, palm oil, rubber apparel. In 2016, the top export products were electrical and electronic products. The country’s top export partners are Singapore, China, the United States, Japan, Thailand and Hong Kong.
Malaysian imports include electronics, machinery, plastics, vehicles, chemicals. The top import partners are China, Japan, and the United States but also Singapore, Thailand or Indonesia.
The country’s trade performance grew in the first half of 2016 and the country has a positive outlook for trade activities. Malaysia exports a wide range of products, having a considerable share of global export.
The following goods require special import licensing from the Government of Malaysia: chemicals and drugs, weapons and explosives, plants, heavy construction equipment, motor vehicles, certain foodstuffs. Imported meat and poultry are subject to controls and sanitary inspections as well as any products labeled as “halal” for Muslims.
Import tariffs apply for companies in Malaysia and exports must be accompanied by special documentation, including invoice, packing lists, delivery letters insurance certificates, bills of landing and any relevant permits and licenses. The experts at our law firm in Malaysia can give you more information about these requirements.
If you want to know more about how to engage in trade activities in Malaysia please contact our law firm. Our lawyers in Malaysia can answer your questions.
Malaysia is an important trade hub in Southeast Asia. The country has good commercial relations with numerous countries and a series of bilateral agreements encourage foreign trade. The Malaysian Government imposes a series of regulations as well as a licensing system for importing and exporting certain goods and products like motor vehicles, weapons and explosive, a number of drugs and chemicals and others. Our lawyers in Malaysia can help you with complete information about the existing requirements for companies in Malaysia that engage in both import and export activities.
Top Malaysian imports and exports
The top exported products by Malaysia include integrated circuits, computers and office machine parts, telephones, petroleum, palm oil, rubber apparel. In 2016, the top export products were electrical and electronic products. The country’s top export partners are Singapore, China, the United States, Japan, Thailand and Hong Kong.
Malaysian imports include electronics, machinery, plastics, vehicles, chemicals. The top import partners are China, Japan, and the United States but also Singapore, Thailand or Indonesia.
The country’s trade performance grew in the first half of 2016 and the country has a positive outlook for trade activities. Malaysia exports a wide range of products, having a considerable share of global export.
Trading requirements in Malaysia
The following goods require special import licensing from the Government of Malaysia: chemicals and drugs, weapons and explosives, plants, heavy construction equipment, motor vehicles, certain foodstuffs. Imported meat and poultry are subject to controls and sanitary inspections as well as any products labeled as “halal” for Muslims.
Import tariffs apply for companies in Malaysia and exports must be accompanied by special documentation, including invoice, packing lists, delivery letters insurance certificates, bills of landing and any relevant permits and licenses. The experts at our law firm in Malaysia can give you more information about these requirements.
If you want to know more about how to engage in trade activities in Malaysia please contact our law firm. Our lawyers in Malaysia can answer your questions.