Ministry of International Trade & Industry
4 TH Quarter 2021
TTRADE RADE &
Information Booklet e economic conomic
T
TRADE RADE &
Information Booklet e economic conomic
MALAYSIA’S
2021 4 TH Quarter
CONTENTS
Economic Key Data Trade Goodsin
Trade Servicesin
Area & Population Employment
GDP in Current Prices Industrial Production Index Balance of Payments 3
46 7 4
15
1820 2224 2628 3032 34 35 3637
38
Top Ten World and ASEAN Trading Countries |
Global Trade, Export & Import Major Exports
Major Imports
Major Trading Partners Trade with ASEAN
Trade with Major EU Countries Trade with Major APEC Countries Trade with EFTA Countries Trade with Major CPTPP Countries Trade Balance with Selected Trading Partners
Exports of E&E Products Exports of Petroleum Products Exports of Palm Oil and Palm-Based Agriculture Products
Exports of LNG
Top Ten World & ASEAN Services Trade Export of Services
Import of Services 4143
44
Investment Manufacturing
Approved Private Investment by Sectors Approved Projects in the
Manufacturing Sectors Potential Employment in
Manufacturing Projects Approved Major Sources of Foreign Participation in Approved Manufacturing Projects Approved Manufacturing Projects by States & Major Industry
Top Ten World and ASEAN FDI Inflow FDI Flows in Malaysia by Selected Economies & Sector
FDI Position in Malaysia by Selected Economies & Sector
Malaysia’s DIA Flows by Selected Economies & Sector
Malaysia’s DIA Position by Selected Economies & Sector
47 50 50 51
5859
61 52
64 66
Exchange Rate Malaysia
Halal Export
Selected Annual Statistics
GDP by State Capital Stock Statistics SME Performance
Gross Fixed Capital Formation GDPIncome Approach Tourism Satellite Account Information &
Communication Technology Satellite Account 101
105
106 108
109
110
111
Manufacturing Sector Performance Electrical &
Electronics Industry Transport Equipment Motor Vehicles Production Domestic Sales of Motor Vehicles Export and Import of Motor Vehicles and Parts
71
72
72 73 74
75
Exchange Rate 79
Malaysia Halal Export 87
Registered Companies
Businessesand
Registered Company and Business Statistics 91
Malaysia
Statistical Business Register
93
Symbols in the Tables and Abbreviations
- represents zero or a figure that rounds to less than 0.05 .. not available
APEC Asia-Pacific Economic Cooperation ASEAN Association of Southeast Asian Nations BNM Bank Negara Malaysia
CPTPP Comprehensive & Progressive Agreement for Trans-Pacific Partnership DOSM Department of Statistics Malaysia
e estimated
E&E Electrical & Electronic products EFTA European Free Trade Association EU The European Union
f forecast
FDI Foreign Direct Investment
MITI Ministry of International Trade and Industry MAA Malaysian Automotive Association
MARii Malaysia Automotive, Robotics and IoT Institute
MASAAM Motorcycle & Scooters Assemblers and Distributors Association of Malaysia MATRADE Malaysia External Trade Development Corporation
MIDA Malaysian Investment Development Authority MOF Ministry of Finance
SSM Suruhanjaya Syarikat Malaysia n.a not applicable
n.i.e not included elsewhere
p preliminary
r revised
US$ US Dollar
WTO World Trade Organization
Notes: The sum of the component figures may not tally with the sub-total or total figures due to rounding. Value in US$ by MITI was converted according to Bank Negara Malaysia’s (BNM) Exchange Rate (average for period).
1. Credit and debit entries for goods and services in the balance of payments accounts are equivalent to flows of exports and imports of goods and services.
2. Transportation covers all transportation services that are performed by residents of one economy for those of another and that involve the carriage of passengers, the movement of goods (freight), rentals (charters) of carriers with crew, and related supporting and auxiliary services.
3. Travel covers primarily the goods and services acquired from an economy by travellers during visits of less than one year in that economy. The goods and services are purchased by, or on behalf of, the traveller or provided, without a quid pro quo (that is, are provided as gift), for the traveller to use or give away. Travel includes expenditure on goods, accommodation and food and beverage serving services and also all other travel
GENERAL NOTATION
EXPLANATORY NOTES
Key Economic
Data
Area (square kilometres) 330,411
2021 (Q3) 2021 (Q2)
Population (mil.) 32.7 32.7
Population by sex
Male 16.8 16.8
Female 15.9 15.9
Population by citizenship
Citizens 30.0 30.0
Non-citizens 2.7 2.7
Population by age group*
0 - 14 yr 7.5 7.5
15 - 64 yr 22.7 22.7
65 yr and above 2.4 2.4
Population Growth (%) 0.2 0.2
Notes:
- * Age group of 15 to 64 years is classified as economically active population which comprises employed and unemployed, while 0 to 14 and 65 years above is classified as outside labour force.
- 2021(Q4) data is not available Source: DOSM
KEY ECONOMIC DATA
Unit 2021
(Q4)
p2020
(Q4)
p2021
p2020
pGDP in Current Prices RM bil. 424.3 378.7 1,544.2 1,416.6
US$ bil. 101.4 92.2 372.7 337.0
GNI Per Capita in
Current Prices RM 49,503.0 45,556.0 45,874.0 42,598.0
US$ 11,829.9 11,090.7 11,071.9 10,134.0GNI in Current Prices RM bil. 404.6 371.5 1,498.0 1,388.0
US$ bil. 96.7 90.4 361.6 330.2
Unit 2021
(Q4)
p2020
(Q4)
p2021
p2020
pInflation Rate % 3.2 -1.5 2.5 -1.2
Total Labour Force mil. 16.1 15.9 16.0 15.8
Unemployment Rate % 4.3 4.8 4.6 4.5
Unit 2021
(Q4)
p2020
(Q4)
p2021
p2020
pEmployment by Sector mil.
Agriculture 1.8 1.9 1.9 1.9
Mining & Quarrying 0.1 0.1 0.1 0.1
Manufacturing 2.7 2.6 2.6 2.6
Construction 1.4 1.4 1.4 1.4
Services 9.5 9.3 9.3 9.2
Unit 2021
(Q4)
p2020
(Q4)
p2021
p2020
pEmployment by Sector % share
Agriculture 12.0 12.2 12.3 12.4
Mining & Quarrying 0.5 0.4 0.5 0.5
Manufacturing 17.3 17.0 17.1 16.9
KEY ECONOMIC DATA
2021 (Q4)
p2020
(Q4)
p2021
p2020
pRM bil.
US$ bil.
% Share RM bil.
US$ bil.
RM bil.
US$ bil.
RM bil.
US$ bil.
GDP in Current Prices 424.3 378.7 1,544.2 1,416.6
101.4 92.2 372.7 337.0
Services 228.4 53.8 218.6 837.6 816.3
54.6 53.2 202.2 194.2
Non-Government 191.2 45.1 183.3 702.9 688.5
45.7 44.6 169.6 163.8
Government 37.2 8.8 35.3 134.7 127.8
8.9 8.6 32.5 30.4
Manufacturing 101.1 23.8 86.3 362.8 315.6
24.2 21.0 87.6 75.1
Agriculture 43.0 10.1 31.6 148.4 116.1
10.3 7.7 35.8 27.6
Mining and quarrying 33.3 7.9 22.5 122.8 95.3
8.0 5.5 29.6 22.7
Construction 13.8 3.2 15.2 55.5 57.5
3.3 3.7 13.4 13.7
plus Import duties 4.7 1.1 4.6 17.1 15.8
1.1 1.1 4.1 3.7
Source: DOSM & Compiled by MITI
2021 (Q4)
p2020 (Q4)
p2021
p2020
pReal GDP Growth Rate (%)
(at constant 2015 prices) 3.6 -3.4 3.1 -5.6
Agriculture 2.8 -1.0 -0.2 -2.2
Mining & Quarrying -0.9 -10.4 0.7 -10.6
Manufacturing 9.1 3.0 9.5 -2.6
Construction -12.2 -13.9 -5.2 -19.4
Services 3.2 -4.8 1.9 -5.5
KEY ECONOMIC DATA
Note: Value in US$ computed by MITI Source: DOSM
Industrial Production Index
(2015=100) 2021 (Q4) 2020 (Q4) 2021 2020
Overall 125.0 116.9 117.9 109.8
Mining 90.7 91.4 90.4 89.0
Manufacturing 137.9 126.3 128.1 116.9
Electricity 122.2 117.2 117.4 114.8
External Trade 2021 (Q4) 2020 (Q4) 2021 2020
RM bil.
US$ bil.
RM bil.
US$ bil.
RM bil.
US$ bil.
RM bil.
US$ bil.
Exports 350.5 271.8 1,239.8 983.8
83.8 66.2 299.2 234.1
Imports 274.3 211.7 987.2 800.5
65.5 51.5 238.3 190.4
Total Trade 624.7 483.4 2,227.0 1,784.3
149.3 117.7 537.5 424.5
Trade Balance 76.2 60.1 252.6 183.3
18.2 14.6 61.0 43.6
KEY ECONOMIC DATA
Source: DOSM
Note: Value in US$ computed by MITI
Balance of Payments
- Current Account 2021 (Q4)
p2020 (Q4)
p2021
p2020
pRM bil.
US$ bil.
RM bil.
US$ bil.
RM bil.
US$ bil.
RM bil.
US$ bil.
Current Account Balance 15.2 18.6 53.5 60.0
3.6 4.5 12.9 14.3
(i) Goods 51.8 42.6 170.2 138.7
12.4 10.4 41.1 33.0
Goods - Credits 271.3 217.2 977.4 777.7
64.8 52.9 235.9 185.0
Goods - Debits 219.5 174.6 807.2 639.0
52.5 42.5 194.8 152.0
(ii) Services -15.5 -14.0 -61.1 -47.4
-3.7 -3.4 -14.7 -11.3
Services - Credits* 23.6 20.7 86.5 92.6
5.7 5.0 20.9 22.0
Services - Debits* 39.1 34.7 147.6 140.1
9.4 8.5 35.6 33.3
(iii) Primary income -19.7 -7.2 -46.2 -28.6
-4.7 -1.7 -11.1 -6.8
Primary income - Credits 37.4 14.5 91.9 53.9
8.9 3.5 22.2 12.8
Compensation of
employees 1.8 1.5 6.5 6.0
0.4 0.4 1.6 1.4
Investment income 35.6 13.0 85.4 47.9
8.5 3.2 20.6 11.4
Direct investment 29.0 6.9 52.9 18.4
6.9 1.7 12.8 4.4
Portfolio investment 3.2 2.5 13.7 10.6
0.8 0.6 3.3 2.5
Other investment 3.4 3.5 18.8 18.9
0.8 0.9 4.5 4.5
Notes: - * refer to page 43 and 44 for details - Value in US$ computed by MITI
KEY ECONOMIC DATA
Source: DOSM
Balance of Payments
- Current Account 2021 (Q4)
p2020 (Q4)
p2021
p2020
pRM bil.
US$ bil.
RM bil.
US$ bil.
RM bil.
US$ bil.
RM bil.
US$ bil.
Primary income - Debits 57.1 21.7 138.1 82.5
13.6 5.3 33.3 19.6
Compensation of
employees 3.3 3.6 13.1 14.1
0.8 0.9 3.2 3.4
Investment income 53.8 18.1 125.0 68.4
12.9 4.4 30.2 16.3
Direct investment 47.2 13.2 99.3 44.6
11.3 3.2 24.0 10.6
Portfolio investment 6.0 4.3 22.8 19.4
1.4 1.0 5.5 4.6
Other investment 0.6 0.6 2.9 4.4
0.2 0.2 0.7 1.0
(iv) Secondary income -1.4 -2.7 -9.5 -2.7
-0.3 -0.7 -2.3 -0.6
Secondary income -
Credits 6.4 4.3 20.5 27.1
1.5 1.0 4.9 6.5
Secondary income -
Debits 7.8 7.0 30.0 29.8
1.9 1.7 7.2 7.1
Source: DOSM
KEY ECONOMIC DATA (CONT’D)
Note: Value in US$ computed by MITI
Source: DOSM Note: Value in US$ computed by MITI
-400
-300
-200
-100
0
100
200
300
400 -12-8-4048
12 Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4 201620172018201920202021
US$ million *
US$ billion
Qu ar ter ly B ala nce of P ay men ts ( Net ), Q1 2 01 6 -Q 4 2021
Q4 2021 Overall Balance :RM12.7b (US$3.0b) Current Account Balance :RM15.2b (US$3.6b) Financial Account Balance :RM-2.2b (US$-0.5b) Capital Account Balance : RM-332.7m (US$-79.5m) Overall Balance Current Account Balance Financial Account Balance Capital Account Balance * rpfKEY ECONOMIC DATA (CONT’D)
(Dec) 2021 2020
(Dec) 2021 2020
International Reserves (RM bil.) 486.9 432.3 486.8 432.3
(US$ bil.)115.6 106.6 117.5 102.8
Reserves to GDP Ratio (%) n.a n.a 31.5 30.5
Reserves as Months of
Retained Imports 7.7 8.6 7.7 8.6
Banking Institutions
Total Deposits (RM bil.) 2,221.8 2,089.3 2,221.8 2,089.3
(US$ bil.)
527.7 515.1 527.7 515.1
Total Loans (RM bil.) 1,913.7 1,831.2 1,913.7 1,831.2
(US$ bil.)
454.6 451.4 454.6 451.4
Commercial Banks Interest Rates
Saving Deposit (%) 0.6 0.5 0.5 0.6
BLR (%) 5.5 5.5 5.5 5.8
KEY ECONOMIC DATA
Source: BNM
Notes: - Value in US$ computed by MITI
- Employees Provident Fund’s information is not available
KEY ECONOMIC DATA
2021 (Q4) 2020
(Q4) 2021 2020
Total External Debt (RM bil.) 1,070.3 958.1 1,070.3 958.1
(US$ bil.)255.8 233.3 258.3 227.9 Medium & Long Term (RM bil.) 676.1 590.8 676.1 590.8
(US$ bil.)161.6 143.8 163.2 140.5 Short Term (RM bil.) 394.2 367.3 394.2 367.3
(US$ bil.)94.2 89.4 95.1 87.4 Debt Service Ratio (%) 11.0 16.9 11.0 13.6 Gross National Savings
(% of GNI) 26.6 24.3 26.5 24.5
Source: BNM
Note: Value in US$ computed by MITI
Trade in
Goods
Rank Country
2020 2019
Value
(US$ bil.) % Share Value (US$ bil.) Rank
Global Trade 35,446.9 38,308.5
1 P.R.China 4,647.4 13.1 4,577.8 1
2 United States 3,839.1 10.8 4,210.6 2
3 Germany 2,551.1 7.2 2,723.4 3
4 Japan 1,276.8 3.6 1,426.5 4
5 Netherlands 1,270.9 3.6 1,344.3 5
6 Hong Kong SAR 1,118.5 3.2 1,112.7 8
7 France 1,070.9 3.0 1,225.6 6
8 United Kingdom 1,039.4 2.9 1,165.5 7
9 R.O.Korea 980.1 2.8 1,045.6 9
10 Italy 919.0 2.6 1,012.7 10
14 Singapore 692.4 2.0 750.0 15
20 Viet Nam 545.5 1.5 517.7 22
24 Thailand 438.5 1.2 482.5 24
25 Malaysia 424.0 1.2 443.2 25
32 Indonesia 304.9 0.9 339.0 31
40 Philippines 154.4 0.4 188.3 37
70 Cambodia 36.3 0.1 35.1 76
72 Myanmar 34.6 0.1 36.6 73
106 Brunei 12.0 - 12.1 114
112 Lao PDR 11.5 - 12.1 116
Source: WTO Online Database
TOP TEN WORLD AND ASEAN TRADING COUNTRIES
Rank Country
2020 2019
Value
(US$ bil.) % Share Value (US$ bil.) Rank
Global Export 17,618.9 19,019.0
1 P.R.China 2,590.2 14.7 2,499.5 1
2 United States 1,431.6 8.1 1,643.2 2
3 Germany 1,380.6 7.8 1,489.4 3
4 Netherlands 674.9 3.8 708.6 4
5 Japan 641.3 3.6 705.6 5
6 Hong Kong SAR 548.8 3.1 534.9 9
7 R.O.Korea 512.5 2.9 542.2 7
8 Italy 496.1 2.8 537.7 8
9 France 488.4 2.8 571.0 6
10 Belgium 419.9 2.4 446.9 12
14 Singapore 362.5 2.1 390.8 15
20 Viet Nam 282.7 1.6 264.3 23
24 Malaysia 234.1 1.3 238.2 26
25 Thailand 231.5 1.3 246.3 25
32 Indonesia 163.3 0.9 167.7 32
42 Philippines 63.8 0.4 70.9 43
70 Cambodia 17.2 0.1 14.8 81
72 Myanmar 16.7 0.1 18.0 73
97 Brunei 6.6 - 7.0 100
100 Lao PDR 6.1 - 5.8 106
Source: WTO Online Database
TOP TEN WORLD AND ASEAN TRADING COUNTRIES
Rank Country
2020 2019
Value
(US$ bil.) % Share Value (US$ bil.) Rank
Global Import 17,828.0 19,289.5
1 United States 2,407.5 13.5 2,567.4 1
2 P.R.China 2,057.2 11.5 2,078.4 2
3 Germany 1,170.4 6.6 1,234.0 3
4 Japan 635.5 3.6 721.0 4
5 United Kingdom 634.7 3.6 695.8 5
6 Netherlands 596.0 3.3 635.7 7
7 France 582.6 3.3 654.7 6
8 Hong Kong SAR 569.8 3.2 577.8 8
9 R.O.Korea 467.6 2.6 503.3 9
10 Italy 422.9 2.4 475.0 11
15 Singapore 329.8 1.9 359.3 16
19 Viet Nam 262.8 1.5 253.4 22
25 Thailand 207.0 1.2 236.3 23
26 Malaysia 189.9 1.1 205.0 26
31 Indonesia 141.6 0.8 171.3 30
37 Philippines 90.7 0.5 117.4 34
71 Cambodia 19.1 0.1 20.3 74
76 Myanmar 17.9 0.1 18.6 81
119 Lao PDR 5.4 - 6.3 120
121 Brunei 5.3 - 5.1 129
Source: WTO Online Database
TOP TEN WORLD AND ASEAN TRADING COUNTRIES
Industry
2021 2020
RM bil.
US$ bil.
%
Share RM bil.
US$ bil.
% Share
WORLD 1,239.8 100.0 983.8 100.0
299.2 234.1
Manufactured Goods 1,067.2 86.1 849.5 86.3
257.6 202.1
(i) Electrical & Electronic Products 455.7 36.8 386.3 39.3
110.0 91.9
(ii) Petroleum Products 95.7 7.7 61.9 6.3
23.1 14.7
(iii) Chemicals & Chemical Products 70.7 5.7 50.7 5.2
17.1 12.1
(iv) Rubber Products 64.6 5.2 44.3 4.5
15.6 10.5
(v) Manufactures of Metal 61.6 5.0 36.8 3.7
14.9 8.8
Primary Industries 172.6 13.9 134.3 13.5
41.7 32.0
(i) Palm Oil & Palm Oil Based
Agriculture Products 75.8 6.1 52.3 5.3
18.3 12.4
(ii) LNG 36.6 3.0 29.9 3.0
8.8 7.1
(iii) Crude Petroleum 20.0 1.6 18.8 1.9
4.8 4.5
(iv) Metalliferous Ores
and Metal Scrap 7.9 0.6 6.0 0.6
1.9 1.4
(v) Natural Rubber 4.6 0.4 3.3 0.3
MAJOR EXPORTS
EXPORT FOR TOP FIVE MANUFACTURED GOODS
EXPORT FOR TOP FIVE PRIMARY INDUSTRIES
Sources: DOSM and MATRADE
Sources: DOSM and MATRADE RM455.7b
US$110.0b
RM95.7b
US$23.1b RM70.7b
US$17.1b RM64.6b
US$15.6b RM61.6b
US$14.9b RM386.3b
US$91.9b
RM61.9b
US$14.7b RM50.7b
US$12.1b RM44.3b
US$10.5b RM36.8b
US$8.8b 0
50 100 150 200 250 300 350 400 450 500
Electrical & Electronic
Products Petroleum Products Chemicals &
Chemical Products Rubber Products Manufactures of Metal 2021 2020
RM75.8b US$18.3b
RM36.6b US$8.8b
RM20.0b US$4.8b
RM7.9b
US$1.9b RM4.6b
US$1.1b RM52.3b
US$12.4b
RM29.9b US$7.1b
RM18.8b US$4.5b
RM6.0b
US$1.4b RM3.3b
US$0.8b 0
10 20 30 40 50 60 70 80
Palm Oil & Palm Oil Based Agriculture
Products
LNG Crude Petroleum Metalliferous Ores &
Metal Scrap Natural Rubber
2021 2020 Note:Value in US$ computed by MITI
Note: Value in US$ computed by MITI
Industry
2021 2020
RM bil.
US$ bil.
%
Share RM bil.
US$ bil.
% Share
WORLD 987.2 100.0 800.5 100.0
238.3 190.4
Final Use
Intermediate Goods 544.8 55.2 429.2 53.6
131.5 102.1
Capital Goods 103.9 10.5 90.7 11.3
25.1 21.6
Consumption Goods 83.9 8.5 74.1 9.3
20.2 17.6
Others* 254.6 25.8 206.4 25.8
61.5 49.1
Main Import by Industry
(i) Electrical & Electronic Products 314.4 31.8 253.0 31.6
75.9 60.2
(ii) Chemicals & Chemical Products 96.5 9.8 74.3 9.3
23.3 17.7
(iii) Petroleum Products 89.6 9.1 60.0 7.5
21.6 14.3
(iv) Machinery, Equipment & Parts 68.6 6.9 60.1 7.5
16.5 14.3
(v) Manufactures of Metal 54.2 5.5 47.0 5.9
13.1 11.2
Others*: Dual Goods, Goods nes, Transaction below RM5,000 & Re-exports
Sources: DOSM and MATRADE
MAJOR IMPORTS
Note: Value in US$ computed by MITI
IMPORT BY BROAD ECONOMIC CATEGORY (BEC)
IMPORT BY TOP FIVE PRODUCTS
Others*: Dual Goods, Goods nes, Transaction below RM5,000 & Re-exports Sources: DOSM and MATRADE
Sources: DOSM and MATRADE RM314.4b
US$75.9b
RM96.5b
US$23.3b RM89.6b
US$21.6b RM68.6b
US$16.5b RM54.2b
US$13.1b RM253.0b
US$60.2b
RM74.3b
US$17.7b RM60.0b
US$14.3b RM60.1b
US$14.3b RM47.0b
US$11.2b 0
50 100 150 200 250 300 350
Electrical & Electronic
Products Chemicals &
Chemical Products Petroleum Products Machinery,
Equipment & Parts Manufactures of Metal
2021 2020
2021
2020
Intermediate Goods
55.2%
Capital Goods
10.5% Consumption
Goods 8.5%
Others*
25.8%
Intermediate Goods
53.6% CapitalGoods
11.3% Consumption
Goods 9.3%
Others*
25.8%
RM544.8b | US$131.5b RM103.9b | US$25.1b RM83.9b | US$20.2b RM254.6b | US$61.5b
RM429.2b | US$102.1b RM90.7b | US$21.6b RM74.1b | US$17.6b RM206.4b | US$49.1b Note: Value in US$ computed by MITI
Note: Value in US$ computed by MITI
2021
Country Total Trade Exports Imports Bal. of
Trade RM bil.
US$ bil.
%
Share RM bil.
US$ bil.
%
Share RM bil.
US$ bil.
%
Share RM bil.
US$ bil.
WORLD 2,227.0 100.0 1,239.8 100.0 987.2 100.0 252.6
537.5 299.2 238.3 61.0
(i) P.R.China 421.1 18.9 192.0 15.5 229.0 23.2 -37.0
101.6 46.4 55.3 -8.9
(ii) Singapore 267.1 12.0 173.4 14.0 93.7 9.5 79.7
64.5 41.8 22.6 19.2
(iii) United
States 217.1 9.7 142.2 11.5 74.9 7.6 67.4
52.4 34.3 18.1 16.3
(iv) Japan 149.0 6.7 75.3 6.1 73.7 7.5 1.6
36.0 18.2 17.8 0.4
(v) Chinese Taipei
115.7 5.2 40.5 3.3 75.2 7.6 -34.7
27.9 9.8 18.2 -8.4
(vi) Thailand 98.0 4.4 52.4 4.2 45.6 4.6 6.8
23.6 12.6 11.0 1.6
(vii) Indonesia 95.1 4.3 39.2 3.2 55.9 5.7 -16.7
23.0 9.5 13.5 -4.0
(viii) Hong Kong 94.3 4.2 76.6 6.2 17.6 1.8 59.0
SAR
22.7 18.5 4.3 14.2(ix) R.O.Korea 87.7 3.9 37.7 3.0 50.1 5.1 -12.4
21.2 9.1 12.1 -3.0
(x) India 69.7 3.1 45.2 3.6 24.5 2.5 20.7
16.8 10.9 5.9 5.0
Sources: DOSM and MATRADE
TOP TEN MAJOR TRADING PARTNERS
Note: Value in US$ computed by MITI
2020
Country Total Trade Exports Imports Bal. of
Trade RM bil.
US$ bil.
%
Share RM bil.
US$ bil.
%
Share RM bil.
US$ bil.
%
Share RM bil.
US$ bil.
WORLD 1,784.3 100.0 983.8 100.0 800.5 100.0 183.3
424.5 234.1 190.4 43.6
(i) P.R.China 331.4 18.6 159.2 16.2 172.2 21.5 -13.0
78.8 37.9 41.0 -3.1
(ii) Singapore 215.8 12.1 142.1 14.4 73.7 9.2 68.5
51.3 33.8 17.5 16.3
(iii) United
States 178.8 10.0 109.1 11.1 69.7 8.7 39.4
42.5 25.9 16.6 9.4
(iv) Japan 124.1 7.0 62.6 6.4 61.6 7.7 1.0
29.5 14.9 14.6 0.2
(v) Chinese
Taipei 91.9 5.2 33.9 3.4 58.0 7.2 -24.2
21.9 8.1 13.8 -5.7
(vi) Hong Kong
SAR 82.4 4.6 68.2 6.9 14.2 1.8 54.0
19.6 16.2 3.4 12.8
(vii) R.O.Korea 80.8 4.5 34.7 3.5 46.1 5.8 -11.4
19.2 8.3 11.0 -2.7
(viii) Thailand 79.6 4.5 45.3 4.6 34.3 4.3 11.0
18.9 10.8 8.2 2.6
(ix) Indonesia 66.3 3.7 29.6 3.0 36.7 4.6 -7.1
15.8 7.0 8.7 -1.7
(x) India 55.3 3.1 30.4 3.1 24.9 3.1 5.5
13.2 7.2 5.9 1.3
Sources: DOSM and MATRADE
TOP TEN MAJOR TRADING PARTNERS
Note: Value in US$ computed by MITI
Main Export by Industry, 2021 (RM mil.) (US$ mil.) Electrical & Electronic Products 127,849.8 30,857.0
Petroleum Products 48,109.2 11,611.3
Chemicals & Chemical Products 27,814.0 6,713.0
TRADE WITH ASEAN
2021
Total Trade Exports Imports Bal. of
Trade RM mil.
US$ mil. %
Share RM mil.
US$ mil. %
Share RM mil.
US$ mil. %
Share RM mil.
US$ mil.
WORLD
2,227,045.6 100.0 1,239,801.6 100.0 987,244.0 100.0 252,557.6537,505.9 299,230.8 238,275.1 60,955.7
ASEAN 576,438.5 25.9 343,617.0 27.7 232,821.5 23.6 110,795.6
139,125.6 82,933.3 56,192.3 26,740.9
Singapore 267,108.8 12.0 173,386.5 14.0 93,722.3 9.5 79,664.2
64,467.7 41,847.5 22,620.2 19,227.2
Thailand 97,971.6 4.4 52,396.7 4.2 45,575.0 4.6 6,821.7
23,645.8 12,646.1 10,999.7 1,646.5
Indonesia 95,101.5 4.3 39,216.9 3.2 55,884.6 5.7 -16,667.7
22,953.1 9,465.1 13,488.0 -4,022.8
Viet Nam 69,265.5 3.1 45,502.1 3.7 23,763.4 2.4 21,738.7
16,717.5 10,982.1 5,735.4 5,246.7
Philippines 32,529.2 1.5 22,621.7 1.8 9,907.6 1.0 12,714.1
7,851.1 5,459.8 2,391.2 3,068.6
Brunei 8,033.0 0.4 5,776.2 0.5 2,256.7 0.2 3,519.5
1,938.8 1,394.1 544.7 849.4
Myanmar 3,878.6 0.2 2,709.7 0.2 1,168.8 0.1 1,540.9
936.1 654.0 282.1 371.9
Cambodia 2,347.7 0.1 1,893.9 0.2 453.8 0.05 1,440.1
566.6 457.1 109.5 347.6
Lao PDR 202.5 - 113.3 - 89.2 - 24.0
48.9 27.3 21.5 5.8
Main Import by Industry, 2021 (RM mil.) (US$ mil.) Electrical & Electronic Products 54,369.5 13,122.3
Petroleum Products 36,187.0 8,733.9
Chemicals & Chemical Products 18,665.6 4,505.0 Machinery, Equipment & Parts 10,609.9 2,560.7 Palm Oil & Palm Oil Based Agriculture Products 9,207.3 2,222.2
Sources: DOSM and MATRADE
2020
Total Trade Exports Imports Bal. of
Trade RM mil.
US$ mil. %
Share RM mil.
US$ mil. %
Share RM mil.
US$ mil. %
Share RM mil.
US$ mil.
WORLD
1,784,308.1 100.0 983,826.8 100.0 800,481.3 100.0 183,345.4424,483.4 234,050.4 190,432.9 43,617.5
ASEAN 447,843.5 25.1 272,979.3 27.7 174,864.2 21.8 98,115.1
106,541.1 64,941.2 41,599.9 23,341.4
Singapore 215,823.7 12.1 142,145.6 14.4 73,678.1 9.2 68,467.5
51,344.0 33,816.2 17,527.9 16,288.3
Thailand 79,639.6 4.5 45,339.5 4.6 34,300.1 4.3 11,039.4
18,946.1 10,786.2 8,159.9 2,626.3
Indonesia 66,283.1 3.7 29,588.8 3.0 36,694.3 4.6 -7,105.6
15,768.6 7,039.1 8,729.5 -1,690.4
Viet Nam 48,916.6 2.7 30,904.6 3.1 18,012.0 2.3 12,892.6
11,637.2 7,352.1 4,285.0 3,067.1
Philippines 26,387.2 1.5 17,606.7 1.8 8,780.5 1.1 8,826.2
6,277.5 4,188.6 2,088.9 2,099.7
Brunei 4,713.0 0.3 2,776.2 0.3 1,936.9 0.2 839.3
1,121.2 660.4 460.8 199.7
Myanmar 4,003.2 0.2 3,066.5 0.3 936.7 0.1 2,129.9
952.4 729.5 222.8 506.7
Cambodia 1,973.3 0.1 1,495.2 0.2 478.1 0.1 1,017.1
469.4 355.7 113.7 242.0
Lao PDR 103.8 - 56.2 - 47.6 - 8.6
24.7 13.4 11.3 2.1
TRADE WITH ASEAN
Note: Value in US$ computed by MITI
2021
Total Trade Exports Imports Bal. of
Trade RM mil.
US$ mil. %
Share RM mil.
US$ mil. %
Share RM mil.
US$ mil. %
Share RM mil.
US$ mil.
WORLD
2,227,045.6 100.0 1,239,801.6 100.0 987,244.0 100.0 252,557.6537,505.9 299,230.8 238,275.1 60,955.7
EU 180,232.2 8.1 103,595.3 8.4 76,636.9 7.8 26,958.5
43,499.7 25,003.1 18,496.6 6,506.5
Germany 53,947.0 2.4 28,457.0 2.3 25,490.1 2.6 2,966.9
13,020.3 6,868.2 6,152.1 716.1
Netherlands 36,013.1 1.6 31,175.5 2.5 4,837.6 0.5 26,338.0
8,691.9 7,524.3 1,167.6 6,356.8
Italy 14,812.0 0.7 7,143.9 0.6 7,668.1 0.8 -524.1
3,574.9 1,724.2 1,850.7 -126.5
Ireland 13,678.6 0.6 1,084.4 0.1 12,594.2 1.3 -11,509.9
3,301.4 261.7 3,039.7 -2,777.9
France 12,082.9 0.5 5,133.4 0.4 6,949.4 0.7 -1,816.0
2,916.2 1,239.0 1,677.3 -438.3
TRADE WITH MAJOR EU COUNTRIES
Main Export by Industry, 2021 (RM mil.) (US$ mil.) Electrical & Electronic Products 41,873.2 10,106.3
Rubber Products 12,822.4 3,094.7
Palm Oil & Palm Oil Based Agriculture Products 9,941.6 2,399.4 Palm Oil-Based Manufactured Products 7,560.0 1,824.6
Optical & Scientific Equipment 5,115.2 1,234.6
Sources: DOSM and MATRADE Note: Value in US$ computed by MITI
2020 Total
Trade Exports Imports Bal. of
Trade RM mil.
US$ mil. %
Share RM mil.
US$ mil. %
Share RM mil.
US$ mil. %
Share RM mil.
US$ mil.
WORLD
1,784,308.1 100.0 983,826.8 100.0 800,481.3 100.0 183,345.4424,483.4 234,050.4 190,432.9 43,617.5
EU 143,259.6 8.0 84,355.0 8.6 58,904.6 7.4 25,450.3
34,081.2 20,067.9 14,013.3 6,054.6
Germany 47,922.0 2.7 24,693.7 2.5 23,228.3 2.9 1,465.5
11,400.5 5,874.6 5,526.0 348.6
Netherlands 27,853.0 1.6 23,488.0 2.4 4,365.1 0.5 19,122.9
6,626.2 5,587.7 1,038.4 4,549.3
Italy 12,166.3 0.7 5,471.0 0.6 6,695.3 0.8 -1,224.3
2,894.3 1,301.5 1,592.8 -291.3
France 11,401.5 0.6 5,141.3 0.5 6,260.2 0.8 -1,118.9
2,712.4 1,223.1 1,489.3 -266.2
Belgium 7,416.2 0.4 4,513.6 0.5 2,902.6 0.4 1,610.9
1,764.3 1,073.8 690.5 383.2
TRADE WITH MAJOR EU COUNTRIES
Main Import by Industry, 2021 (RM mil.) (US$ mil.) Electrical & Electronic Products 27,268.0 6,581.2
Chemicals & Chemical Products 12,175.5 2,938.6
Machinery, Equipment & Parts 9,101.0 2,196.6
Transport Equipment 6,858.6 1,655.4
Optical & Scientific Equipment 3,701.9 893.5
Sources: DOSM and MATRADE Note: Value in US$ computed by MITI
2021
Total Trade Exports Imports Bal. of
Trade RM mil.
US$ mil. %
Share RM mil.
US$ mil. %
Share RM mil.
US$ mil. %
Share RM mil.
US$ mil.
WORLD
2,227,045.6 100.0 1,239,801.6 100.0 987,244.0 100.0 252,557.6537,505.9 299,230.8 238,275.1 60,955.7
APEC 1,757,829.4 78.9 967,782.9 78.1 790,046.5 80.0 177,736.3
424,258.8 233,578.1 190,680.7 42,897.3
P.R.China 421,067.5 18.9 192,049.0 15.5 229,018.5 23.2 -36,969.5
101,626.2 46,351.8 55,274.5 -8,922.7
Singapore 267,108.8 12.0 173,386.5 14.0 93,722.3 9.5 79,664.2
64,467.7 41,847.5 22,620.2 19,227.2
United States 217,104.5 9.7 142,237.9 11.5 74,866.6 7.6 67,371.3
52,399.0 34,329.7 18,069.3 16,260.3
Japan 148,982.1 6.7 75,270.1 6.1 73,712.0 7.5 1,558.2
35,957.4 18,166.7 17,790.7 376.1
Chinese
Taipei 115,741.8 5.2 40,538.9 3.3 75,202.9 7.6 -34,663.9
27,934.7 9,784.2 18,150.5 -8,366.3
TRADE WITH MAJOR APEC ECONOMIES
Main Export by Industry, 2021 (RM mil.) (US$ mil.) Electrical & Electronic Products 393,858.8 95,059.3
Petroleum Products 73,174.0 17,660.8
Chemicals & Chemical Products 57,111.8 13,784.1
Manufactures of Metal 48,798.9 11,777.8
Rubber Products 40,692.7 9,821.3
Sources: DOSM and MATRADE Note: Value in US$ computed by MITI
2020
Total Trade Exports Imports Bal. of
Trade RM mil.
US$ mil. %
Share RM mil.
US$ mil. %
Share RM mil.
US$ mil. %
Share RM mil.
US$ mil.
WORLD
1,784,308.1 100.0 983,826.8 100.0 800,481.3 100.0 183,345.4424,483.4 234,050.4 190,432.9 43,617.5
APEC 1,409,685.1 79.0 781,955.0 79.5 627,730.2 78.4 154,224.8
335,361.3 186,025.5 149,335.8 36,689.8
P.R.China 331,439.5 18.6 159,223.0 16.2 172,216.5 21.5 -12,993.5
78,848.8 37,878.8 40,970.0 -3,091.1
Singapore 215,823.7 12.1 142,145.6 14.4 73,678.1 9.2 68,467.5
51,344.0 33,816.2 17,527.9 16,288.3
United States 178,785.0 10.0 109,080.3 11.1 69,704.7 8.7 39,375.7
42,532.6 25,950.0 16,582.6 9,367.4
Japan 124,142.3 7.0 62,561.4 6.4 61,580.9 7.7 980.5
29,533.2 14,883.2 14,650.0 233.3
Chinese
Taipei 91,906.7 5.2 33,873.5 3.4 58,033.2 7.2 -24,159.7
21,864.4 8,058.4 13,806.0 -5,747.5
TRADE WITH MAJOR APEC ECONOMIES
Main Import by Industry, 2021 (RM mil.) (US$ mil.) Electrical & Electronic Products 283,409.7 68,402.0
Chemicals & Chemical Products 69,162.3 16,692.6
Petroleum Products 68,228.8 16,467.3
Machinery, Equipment & Parts 55,697.6 13,442.8
Manufactures of Metal 45,569.9 10,998.5
Sources: DOSM and MATRADE Note: Value in US$ computed by MITI
2021
Total Trade Exports Imports Bal. of
Trade RM mil.
US$ mil. %
Share RM mil.
US$ mil. %
Share RM mil.
US$ mil. %
Share RM mil.
US$ mil.
WORLD
2,227,045.6 100.0 1,239,801.6 100.0 987,244.0 100.0 252,557.6537,505.9 299,230.8 238,275.1 60,955.7
EFTA 11,459.8 0.5 2,977.8 0.2 8,482.0 0.9 -5,504.2
2,765.9 718.7 2,047.2 -1,328.5
Switzerland 9,659.2 0.4 1,954.3 0.2 7,704.9 0.8 -5,750.6
2,331.3 471.7 1,859.6 -1,387.9
Norway 1,541.0 0.1 789.3 0.1 751.6 0.1 37.7
371.9 190.5 181.4 9.1
Iceland 237.2 - 231.1 - 6.1 - 225.1
57.3 55.8 1.5 54.3
Liechtenstein 22.5 - 3.1 - 19.4 - -16.4
5.4 0.7 4.7 -3.9
TRADE WITH EFTA COUNTRIES
Main Export by Industry, 2021 (RM mil.) (US$ mil.)
Electrical & Electronic Products 641.2 154.8
Rubber Products 496.7 119.9
Optical & Scientific Equipment 475.4 114.7
Manufactures of Metal 324.9 78.4
Machinery, Equipment & Parts 304.4 73.5
Sources: DOSM and MATRADE Note: Value in US$ computed by MITI
2020
Total Trade Exports Imports Bal. of
Trade RM mil.
US$ mil. %
Share RM mil.
US$ mil. %
Share RM mil.
US$ mil. %
Share RM mil.
US$ mil.
WORLD
1,784,308.1 100.0 983,826.8 100.0 800,481.3 100.0 183,345.4424,483.4 234,050.4 190,432.9 43,617.5
EFTA 10,195.0 0.6 3,248.9 0.3 6,946.0 0.9 -3,697.1
2,425.4 772.9 1,652.4 -879.5
Switzerland 8,785.7 0.5 2,693.7 0.3 6,092.0 0.8 -3,398.2
2,090.1 640.8 1,449.3 -808.4
Norway 1,386.9 0.1 546.0 0.1 840.8 0.1 -294.8
329.9 129.9 200.0 -70.1
Liechtenstein 14.7 - 3.1 - 11.6 - -8.5
3.5 0.7 2.8 -2.0
Iceland 7.7 - 6.1 - 1.6 - 4.5
1.8 1.5 0.4 1.1
TRADE WITH EFTA COUNTRIES
Main Import by Industry, 2021 (RM mil.) (US$ mil.)
Chemicals & Chemical Products 985.2 237.8
Machinery, Equipment & Parts 912.1 220.1
Optical & Scientific Equipment 739.8 178.6
Electrical & Electronic Products 649.2 156.7
Metalliferous Ores & Metal Scrap 481.7 116.3
Sources: DOSM and MATRADE Note: Value in US$ computed by MITI
2021
Total Trade Exports Imports Bal. of
Trade RM mil.
US$ mil. %
Share RM mil.
US$ mil. %
Share RM mil.
US$ mil. %
Share RM mil.
US$ mil.
WORLD
2,227,045.6 100.0 1,239,801.6 100.0 987,244.0 100.0 252,557.6537,505.9 299,230.8 238,275.1 60,955.7
CPTPP 585,518.5 26.3 359,175.0 29.0 226,343.5 22.9 132,831.5
141,317.1 86,688.3 54,628.9 32,059.4
Singapore 267,108.8 12.0 173,386.5 14.0 93,722.3 9.5 79,664.2
64,467.7 41,847.5 22,620.2 19,227.2
Japan 148,982.1 6.7 75,270.1 6.1 73,712.0 7.5 1,558.2
35,957.4 18,166.7 17,790.7 376.1
Viet Nam 69,265.5 3.1 45,502.1 3.7 23,763.4 2.4 21,738.7
16,717.5 10,982.1 5,735.4 5,246.7
Australia 57,707.0 2.6 35,144.9 2.8 22,562.1 2.3 12,582.8
13,927.8 8,482.4 5,445.5 3,036.9
Mexico 13,893.5 0.6 11,589.5 0.9 2,304.0 0.2 9,285.6
3,353.3 2,797.2 556.1 2,241.1
TRADE WITH MAJOR CPTPP COUNTRIES
Main Export by Industry, 2021 (RM mil.) (US$ mil.) Electrical & Electronic Products 142,761.7 34,456.1
Petroleum Products 39,627.3 9,564.2
Machinery, Equipment & Parts 17,791.7 4,294.1
Chemicals & Chemical Products 16,422.1 3,963.5
Manufactures of Metal 16,278.0 3,928.8
Sources: DOSM and MATRADE Note: Value in US$ computed by MITI
2020
Total Trade Exports Imports Bal. of
Trade RM mil.
US$ mil. %
Share RM mil.
US$ mil. %
Share RM mil.
US$ mil. %
Share RM mil.
US$ mil.
WORLD
1,784,308.1 100.0 983,826.8 100.0 800,481.3 100.0 183,345.4424,483.4 234,050.4 190,432.9 43,617.5
CPTPP 463,877.9 26.0 280,278.0 28.5 183,599.9 22.9 96,678.0
110,355.6 66,677.6 43,678.1 22,999.5
Singapore 215,823.7 12.1 142,145.6 14.4 73,678.1 9.2 68,467.5
51,344.0 33,816.2 17,527.9 16,288.3
Japan 124,142.3 7.0 62,561.4 6.4 61,580.9 7.7 980.5
29,533.2 14,883.2 14,650.0 233.3
Viet Nam 48,916.6 2.7 30,904.6 3.1 18,012.0 2.3 12,892.6
11,637.2 7,352.1 4,285.0 3,067.1
Australia 44,045.7 2.5 24,358.9 2.5 19,686.8 2.5 4,672.0
10,478.4 5,794.9 4,683.5 1,111.5
Mexico 10,101.1 0.6 8,405.8 0.9 1,695.3 0.2 6,710.5
2,403.0 1,999.7 403.3 1,596.4
TRADE WITH MAJOR CPTPP COUNTRIES
Main Import by Industry, 2021 (RM mil.) (US$ mil.) Electrical & Electronic Products 64,422.0 15,548.5
Petroleum Products 31,944.1 7,709.8
Chemicals & Chemical Products 19,991.5 4,825.0
Machinery, Equipment & Parts 14,433.6 3,483.6
Manufactures of Metal 14,408.4 3,477.5
Sources: DOSM and MATRADE Note: Value in US$ computed by MITI
Country 2021 2020 RM mil.
US$ mil.
RM mil.
US$ mil.
WORLD 252.6 183.3
61.0 43.6
Surplus
ASEAN 110.8 98.1
26.7 23.3
United States 67.4 39.4
16.3 9.4
Hong Kong SAR 59.0 54.0
14.2 12.8
EU 27.0 25.5
6.5 6.1
India 20.7 5.5
5.0 1.3
Deficit
P.R.China -37.0 -13.0
-8.9 -3.1
Chinese Taipei -34.7 -24.2
-8.4 -5.7
R.O.Korea -12.4 -11.4
-3.0 -2.7
Saudi Arabia -7.4 -12.0
-1.8 -2.9
Brazil -7.3 -5.6
-1.8 -1.3
Sources: DOSM and MATRADE
TRADE BALANCE
WITH SELECTED TRADING PARTNERS
Note: Value in US$ computed by MITI
EXPORT OF E&E PRODUCTS
MAJOR EXPORT DESTINATIONS OF E&E PRODUCTS, 2021
Sources: DOSM and MATRADE RM266.2b
US$77.4b
RM255.3b US$76.6b
RM229.9b US$65.2b
RM249.7b US$77.5b
RM237.1b US$77.5b
RM231.2b US$74.8b
RM237.0b US$75.2b
RM256.1b
US$78.3b RM277.9b US$71.2b
RM287.8b US$69.4b
RM343.1b US$79.8b RM381.5b
US$94.6b
RM373.1b US$90.1b
RM386.3b US$91.9b RM455.7b US$110.0b
200210 220230 240250 260270 280290 300310 320330 340350 360370 380390 400410 420430 440450 460470 480490 500
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Export of E&E
in 2021 RM455.7b US$110.0b
Singapore RM85.9b US$20.7b United States
RM66.5b US$16.0b
Hong Kong SAR RM65.7b US$15.9b
P.R.China RM59.6b US$14.4b Chinese Taipei
RM23.3b US$5.6b
Japan RM22.7b
US$5.5b Viet Nam RM19.6b US$4.7b
Germany RM16.7b US$4.0b
Thailand RM15.2b US$3.7b R.O.Korea
RM12.7b US$3.1b -20
0 20 40 60 80 100
0 2 4 6 8 10 12 14 16 18 20 22
Y-o-Y Growth (%)
Share of Total Export (%)
Note: Value in US$ computed by MITI
EXPORT OF PETROLEUM PRODUCTS
MAJOR EXPORT DESTINATIONS OF PETROLEUM PRODUCTS, 2021
RM26.1b US$7.6b
RM36.1b US$10.8b
RM24.8b US$7.0b
RM32.1b US$10.0b
RM40.1b US$13.1b
RM54.9b US$17.8b RM68.4b US$21.7b
RM70.4b US$21.5b
RM54.5b US$14.0b
RM54.7b US$13.2b
RM71.8b US$16.7bb
RM76.2b US$18.9b
RM71.5b US$17.3b
RM61.9b US$14.7b RM95.7b US$23.1b
10 15 20 25 30 35 40 45 50 55 60 65 70 75 80 85 90 95 100
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Export of Petroleum
Products in 2021 RM95.7b
US$23.1b
Singapore RM22.5b
US$5.4b Indonesia
RM14.1b US$3.4b Australia
RM9.2b US$2.2b
P.R.China RM9.2b US$2.2b Viet Nam
RM5.7b US$1.4b Bangladesh
RM5.4b US$1.3b
Philippines RM2.7b US$0.6b R.O.Korea
RM2.5b US$0.6b
Hong Kong SAR RM1.5b US$0.4b Chinese Taipei
RM2.1b US$0.5b
0 100 200 300
0 5 10 15 20 25 30
Y-o-Y Growth (%)
EXPORT OF PALM OIL AND PALM-BASED AGRICULTURE PRODUCTS
MAJOR EXPORT DESTINATIONS OF
PALM OIL AND PALM-BASED AGRICULTURE PRODUCTS, 2021
Sources: DOSM and MATRADE RM34.8b
US$10.1b RM50.8b US$15.2b
RM39.3b US$11.1b
RM48.8b US$15.1b RM65.9b US$21.5b
RM57.2b US$18.5b
RM47.1b US$14.9b
RM48.3b US$14.8b
RM45.7b US$11.7b
RM48.4b US$11.7b
RM54.0b US$12.6b
RM44.7b
US$11.1b RM44.2b US$10.7b
RM52.3b US$12.4b RM75.8b US$18.3b
20 25 30 35 40 45 50 55 60 65 70 75 80
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Export of Palm Oil & Palm Based Agriculture Products
in 2021 RM75.8b US$18.3b
India US$15.8b
RM3.8b
P.R.China US$8.2b RM2.0b Netherlands
US$7.4b RM1.8b Turkey
US$3.6b RM0.9b
Philippines US$2.7b RM0.6b Pakistan US$2.5b RM0.6b Japan US$2.3b RM0.6b
Viet Nam US$1.7b RM0.4b
Kenya US$3.5b RM0.9b US$1.9bIran
RM0.5b
-200 -100 0 100 200 300 400
0 2 4 6 8 10 12 14 16 18 20 22 24
Y-o-Y Growth (%)
Share of Total Export (%)
Note: Value in US$ computed by MITI
EXPORT OF LNG
MAJOR EXPORT DESTINATIONS OF LNG, 2021
RM26.9b US$7.8b
RM41.5b US$12.4b
RM29.0b US$8.2b
RM38.7b US$12.0b
RM52.0b US$17.0b RM56.1b
US$18.2b RM59.6b US$18.9b
RM63.7b US$19.5b
RM44.6b US$11.4b
RM32.7b US$7.9b
RM41.4b US$9.6b
RM42.3b US$10.5b
RM42.5b US$10.3b
RM29.9b US$7.1b
RM36.6b US$8.8b
20 25 30 35 40 45 50 55 60 65
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Export of LNG
in 2021 RM36.6b
US$8.8b
Japan RM15.9b
US$3.8b P.R.China
RM12.5b US$3.0b
R.O.Korea RM5.6b US$1.3b Thailand
RM1.7b US$0.4b Chinese Taipei
RM0.5b Myanmar
RM0.3b US$0.1b
-100 0 100 200 300 400 500
0 20 40 60
Y-o-Y Growth (%)
Trade in
Services
TOP TEN WORLD AND ASEAN SERVICES TRADE, 2020
Rank Country Total Trade Exports Imports
US$ bil. US$ bil. US$ bil.
World 9,666.9 4,985.3 4,681.5
1 United States 1,165.9 705.6 (1) 460.3 (1)
2 P.R.China 661.7 280.6 (4) 381.1 (2)
3 Germany 619.5 310.7 (3) 308.8 (3)
4 Ireland 558.4 262.7 (5) 295.7 (4)
5 United Kingdom 547.2 342.4 (2) 204.7 (6)
6 France 477.2 245.6 (6) 231.7 (5)
7 Singapore 360.3 187.6 (8) 172.7 (8)
8 India 357.2 203.3 (7) 153.9 (10)
9 Netherlands 355.9 186.6 (9) 169.3 (9)
10 Japan 344.8 160.3 (10) 184.5 (7)
27 Thailand 78.6 31.7 (30) 46.9 (26)
34 Malaysia 55.1 21.9 (39) 33.3 (32)
36 Philippines 49.7 31.4 (31) 18.3 (41)
43 Indonesia 39.4 14.9 (46) 24.5 (37)
44 Viet Nam 35.8 18.8 (41) 17.0 (45)
81 Myanmar 7.9 4.4 (76) 3.5 (83)
96 Cambodia 4.0 1.9 (95) 2.1 (102)
126 Brunei 1.6 0.4 (139) 1.2 (118)
145 Lao PDR 0.8 0.3 (140) 0.4 (145)
Note:
• Numbers in parenthesis refer to ranking Source: WTO Online Database
TOP TEN WORLD AND ASEAN SERVICES TRADE, 2019
Rank Country Total Trade Exports Imports
US$ bil. US$ bil. US$ bil.
World 12,176.5 6,228.7 5,947.8
1 United States 1,467.4 876.3 (1) 591.1 (1)
2 P.R.China 783.9 283.2 (5) 500.7 (2)
3 Germany 717.6 346.7 (3) 371.0 (3)
4 United Kingdom 682.8 405.5 (2) 277.4 (5)
5 Ireland 580.0 247.8 (7) 332.2 (4)
6 France 564.1 294.1 (4) 270.0 (6)
7 Netherlands 541.3 275.8 (6) 265.5 (7)
8 Singapore 425.4 217.2 (8) 208.2 (8)
9 Japan 413.7 207.4 (10) 206.3 (9)
10 India 394.2 214.8 (9) 179.4 (10)
25 Thailand 138.0 81.2 (21) 56.9 (28)
33 Malaysia 84.6 41.0 (34) 43.6 (30)
35 Indonesia 70.9 31.6 (38) 39.3 (32)
36 Philippines 69.5 41.3 (33) 28.2 (39)
45 Viet Nam 46.4 27.6 (43) 18.8 (49)
84 Myanmar 10.3 6.7 (78) 3.7 (90)
89 Cambodia 9.4 6.1 (81) 3.3 (95)
125 Lao PDR 2.4 1.2 (123) 1.2 (129)
126 Brunei 2.4 0.6 (143) 1.8 (116)
Note:
• Numbers in parenthesis refer to ranking Source: WTO Online Database
EXPORT OF SERVICES
Components
2021 (Q4)
p2020 (Q4)
p2021
pRM mil.
US$ mil.
%
Share RM mil.
US$ mil.
RM mil.
US$ mil.
Total 23,648.6 20,695.6 86,499.9
5,651.4 5,038.4 20,930.5
Transport 4,379.7 18.5 3,260.2 15,420.5
1,046.6 793.7 3,731.3
Manufacturing services on physical inputs owned by others
4,209.7 17.8 3,580.3 15,453.5
1,006.0 871.6 3,739.3
Telecommunications, computer and information services
3,550.8 15.0 3,497.5 13,984.7
848.6 851.5 3,383.9
Construction 1,194.3 5.1 994.7 3,870.2
285.4 242.2 936.5
Personal, cultural and
recreational services 825.3 3.5 598.2 2,877.8
197.2 145.6 696.3
Financial services 682.1 2.9 667.3 2,535.3
163.0 162.5 613.5
Insurance and pension
services 486.2 2.1 400.9 1,945.7
116.2 97.6 470.8
Charges for the use of
intellectual property n.i.e. 384.9 1.6 239.1 1,205.9
92.0 58.2 291.8
Maintenance and repair
services n.i.e. 378.2 1.6 519.5 1,476.1
90.4 126.5 357.2
Travel 209.3 0.9 88.2 398.3
50.0 21.5 96.4
Government goods and
services n.i.e. 96.7 0.4 92.8 315.9
23.1 22.6 76.4
Other business services 7,251.4 30.7 6,756.8 27,016.1
1,732.9 1,645.0 6,537.1
Source: DOSM
Note: Value in US$ computed by MITI
