Ministry of International Trade & Industry
TRADE & ECONOMIC
Information Booklet
2020
2 nd Quarter
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2 nd QUARTER
2020
Malaysia’s
Trade and Economic
Information Booklet
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GDP by State
91
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
Investment
47 50 50 51
58 59 61 52
CONTENTS
Manufacturing Sector Performance Electrical & Electronics Industry Transport Equipment
Motor Vehicles Production Domestic Sales of Motor Vehicles Export and Import of Motor Vehicles and Parts
7172 7273 73 75 Trade
Goodsin
Trade Servicesin Economic Key
Data
Area & Population Employment
GDP in Current Prices Industrial Production Index Balance of Payments
3 46 7
1518 2022 24 2628 3032
34 35 36 3837 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
Manufacturing
Exchange Rate 79
Exchange Rate
Malaysia Halal Export 87
Malaysia Halal Export 4
Selected Annual Statistics Capital
Stock Statistics
95
PerformanceSME 96
Gross Fixed Capital Formation
98
IncomeGDP Approach
99
Tourism Satellite Account
100
Information &
Communication Technology Satellite Account
101
64 66
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
JAKIM Jabatan Kemajuan Islam Malaysia 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
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 expenditure. Excluded is the international carriage of travellers, which is covered under transportation.
4. Debt service ratio is the amount of principal repayments (excluding repayments) and interest payments on external loans expressed as a percentage of the total exports of goods and services.
ii
GENERAL NOTATION
EXPLANATORY NOTES
Key Economic
Data
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Area (square kilometres) 330,621
2020 (Q1) 2019 (Q1)
Population (mil.) 32.7 32.5
Population by sex
Male 16.9 16.8
Female 15.8 15.7
Population by citizenship
Citizens 29.6 29.3
Non-citizens 3.1 3.2
Population by age group*
0 - 14 yr 7.5 7.6
15 - 64 yr 23.0 22.7
65 yr and above 2.2 2.2
Population Growth (%) 0.6 1.1
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.
- 2020 (Q2) is not available and the data for 2020 (Q3) will be published on 12 November 2020
Source: DOSM
KEY ECONOMIC DATA
Unit 2020
(Q2)p 2019
(Q2)p 2019p 2018e GDP in Current Prices RM bil. 301.9 371.0 1,510.7 1,447.5
US$ bil. 69.8 89.4 364.7 358.7
GNI Per Capita in
Current Prices RM 36,493.0 44,905.0 45,212.0 43,307.0 US$ 8,439.2 10,823.4 10,914.3 10,732.5 GNI in Current Prices RM bil. 297.9 365.1 1,470.4 1,402.4
US$ bil. 68.9 88.0 355.0 347.5
Unit 2020
(Q2)p 2019
(Q2)p 2019p 2018e
Inflation Rate % 2.6 0.7 0.7 1.0
Total Labour Force mil. 15.7 15.6 15.6 15.3
Unemployment Rate % 5.1 3.3 3.3 3.3
Unit 2020
(Q2)p 2019
(Q2)p 2019p 2018e Employment by Sector mil.
Agriculture 1.9 1.9 1.9 1.8
Mining & Quarrying 0.1 0.1 0.1 0.1
Manufacturing 2.5 2.5 2.6 2.5
Construction 1.4 1.5 1.5 1.5
Services 9.1 9.1 9.2 8.9
Unit 2020
(Q2)p 2019
(Q2)p 2019p 2018e Employment by Sector % share
Agriculture 12.4 12.3 12.4 12.5
Mining & Quarrying 0.5 0.5 0.5 0.5
Manufacturing 16.8 16.8 16.9 16.9
Construction 9.2 9.7 9.7 10.2
Services 61.1 60.6 60.6 60.0
KEY ECONOMIC DATA
Source: DOSM
Note: Value in US$ computed by MITI
2020 (Q2)p 2019
(Q2)p 2019p 2018e RM bil.
US$ bil. % Share RM bil.
US$ bil. RM bil.
US$ bil. RM bil.
US$ bil.
GDP in Current Prices 301.9 371.0 1,510.7 1,447.5
69.8 89.4 364.2 358.7
Services 175.5 58.1 208.6 859.9 804.7
40.6 50.3 207.3 199.4
Non-Government 145.2 48.1 179.3 737.5 686.7
33.6 43.2 177.8 170.2
Government 30.3 10.0 29.3 122.3 118.0
7.0 7.1 29.5 29.2
Manufacturing 66.1 21.9 81.1 323.9 311.7
15.3 19.5 78.1 77.2
Mining and quarrying 20.8 6.9 34.3 129.4 134.8
4.8 8.27 31.2 33.4
Agriculture 26.6 8.8 25.4 109.6 108.7
6.2 6.1 26.4 26.9
Construction 9.6 3.2 17.3 70.9 70.0
2.2 4.2 17.1 17.4
plus Import duties 3.2 1.1 4.4 17.1 17.5
0.8 1.1 4.1 4.3
Source: DOSM & Compiled by MITI
2020 (Q2)p 2019 (Q2)p 2019p 2018e Real GDP Growth Rate (%)
(at constant 2015 prices) -17.1 4.8 4.3 4.8
Agriculture 1.0 4.3 2.0 0.1
Mining & Quarrying -20.0 0.9 -2.0 -2.2
Manufacturing -18.3 4.3 3.8 5.0
Construction -44.5 0.5 0.1 4.2
Services -16.2 6.1 6.1 6.8
KEY ECONOMIC DATA
Note: Value in US$ computed by MITI Source: DOSM
Industrial Production Index
(2015=100) 2020 (Q2) 2019 (Q2) 2019 2018
Overall 94.1 114.6 114.6 112.0
Manufacturing 97.7 100.3 98.6 100.3
Mining 80.6 119.2 120.1 116.0
Electricity 107.7 120.8 119.2 115.4
External Trade 2020 (Q2) 2019 (Q2) 2019 2018
RM bil.
US$ bil. RM bil.
US$ bil. RM bil.
US$ bil. RM bil.
US$ bil.
Exports 448.9 481.5 986.4 1,003.6
105.6 116.9 238.1 248.7
Imports 384.4 414.1 849.1 879.8
90.4 100.5 205.0 218.0
Total Trade 833.3 895.6 1,835.4 1,883.4
196.0 217.4 443.1 466.7
Trade Balance 64.6 67.4 137.3 123.8
15.2 16.4 33.1 30.7
KEY ECONOMIC DATA
Source: DOSM
Note: Value in US$ computed by MITI
Balance of Payments
- Current Account 2020 (Q2)p 2019 (Q2)p 2019p 2018e RM bil.
US$ bil. RM bil.
US$ bil. RM bil.
US$ bil. RM bil.
US$ bil.
Current Account Balance 7.6 14.3 50.9 32.3
1.7 3.5 12.3 8.0
(i) Goods 13.4 28.3 123.3 114.6
3.1 6.8 29.7 28.4
Goods - Credits 183.6 203.0 815.5 830.1
42.5 48.9 196.6 205.7
Goods - Debits 170.2 174.7 692.1 715.5
39.4 42.1 166.8 177.3
(ii) Services -12.5 -3.4 -10.9 -17.5
-2.9 -0.8 -2.6 -4.3
Services - Credits* 18.4 41.4 169.8 162.4
4.3 10.0 40.9 40.2
Services - Debits* 30.9 44.8 180.7 179.9
7.1 10.8 43.6 44.6
(iii) Primary income -4.0 -5.9 -40.3 -45.1
-0.9 -1.4 -9.7 -11.2
Primary income - Credits 15.7 19.7 64.9 60.4
3.6 4.7 15.6 15.0
Compensation of
employees 1.5 1.9 6.8 6.8
0.3 0.5 1.6 1.7
Investment income 14.2 17.8 58.1 53.6
3.3 4.3 14.0 13.3
Direct investment 6.0 9.2 28.8 26.9
1.4 2.2 7.0 6.7
Portfolio investment 3.1 3.8 10.3 9.5
0.7 0.9 2.5 2.3
Other investment 5.2 4.7 18.9 17.2
1.2 1.1 4.6 4.3
Notes: - * refer to page 41 and 42 for details - Value in US$ computed by MITI
KEY ECONOMIC DATA
Source: DOSM
Balance of Payments
- Current Account 2020 (Q2)p 2019 (Q2)p 2019p 2018e RM bil.
US$ bil. RM bil.
US$ bil. RM bil.
US$ bil. RM bil.
US$ bil.
Primary income - Debits 19.7 25.5 105.1 105.5
4.5 6.2 25.3 26.1
Compensation of em-
ployees 3.3 3.9 15.9 14.4
0.8 1.0 3.8 3.6
Investment income 16.3 21.6 89.2 91.0
3.8 5.2 21.5 22.6
Direct investment 8.4 13.8 58.7 60.2
1.9 3.3 14.1 14.9
Portfolio investment 6.7 6.2 23.0 24.7
1.5 1.5 5.6 6.1
Other investment 1.2 1.6 7.5 6.2
0.3 0.4 1.8 1.5
(iv) Secondary income -1.9 -4.7 -21.3 -19.7
-0.4 -1.1 -5.1 -4.9
Secondary income -
Credits 4.7 5.2 16.9 15.6
1.1 1.3 4.1 3.9
Secondary income -
Debits 6.6 9.8 38.2 35.3
1.5 2.4 9.2 8.8
Source: DOSM
KEY ECONOMIC DATA (CONT’D)
Note: Value in US$ computed by MITI
-400
-300
-200
-100
0
100
200
300
400 -12-8-4048
12 Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2 201520162017201820192020
US$ million *
US$ billion
Quarterly Balance of Payments (Net), Q1 2015 -Q1 2020 Q1 2020 Overall Balance :RM-12.3b (US$-2.8b) Current Account Balance :RM7.6b (US$1.8b) Financial Account Balance :RM-19.8b (US$-4.6b) Capital Account Balance : RM-49.8m (US$-11.5m) Overall Balance Current Account Balance Financial Account Balance Capital Account Balance * rp Source: DOSM Note: Value in US$ computed by MITI
(Jun)2020 2019
(Jun) 2019 2018 International Reserves (RM bil.) 443.1 425.5 424.1 419.6
(US$ bil.) 103.6 102.2 102.2 100.6
Reserves to GDP Ratio (%) n.a n.a 28.1 29.0
Reserves as Months of
Retained Imports 8.3 7.3 7.5 7.4
Banking Institutions
Total Deposits (RM bil.) 2,045.7 1,960.2 2,000.4 1,944.9
(US$ bil.) 478.5 471.0 482.2 466.1
Total Loans (RM bil.) 1,799.8 1,728.4 1,771.6 1,705.7
(US$ bil.) 421.0 415.3 427.0 408.8
Commercial Banks Interest Rates
Saving Deposit (%) 0.6 1.0 1.0 1.0
BLR (%) 5.8 6.7 6.8 6.9
Employees Provident Fund
Number of Contributors mil. 14.7 14.4 14.6 14.2 Contributions (RM bil.) 6.1 5.9 75.9 71.5
(US$ bil.) 1.4 1.4 18.3 17.1
Withdrawals (RM bil.) 6.1 3.2 44.8 47.6
(US$ bil.) 1.4 0.8 10.8 11.4
KEY ECONOMIC DATA
Source: BNM
Note: Value in US$ computed by MITI
KEY ECONOMIC DATA
2020(Q2) 2019
(Q2) 2019 2018
Total External Debt (RM bil.) 1,003.0 933.0 945.4 923.0 (US$ bil.) 231.9 224.9 228.2 228.7 Medium & Long Term (RM bil.) 588.4 544.8 554.2 518.0 (US$ bil.) 136.1 131.3 133.8 128.4 Short Term (RM bil.) 414.6 388.2 391.2 405.0 (US$ bil.) 95.9 93.6 94.4 100.4
Debt Service Ratio (%) 6.4 5.0 7.0 5.7
Gross National Savings
(% of GNI) 25.6 27.4 25.1 27.0
Source: BNM
Note: Value in US$ computed by MITI
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Trade in
Goods
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Rank Country
2019 2018
Value
(US$ bil.) % Share Value (US$ bil.) Rank
Global Trade 38,126.3 39,280.4
1 P.R.China 4,576.1 12.0 4,622.4 1
2 United States 4,214.0 11.1 4,278.2 2
3 Germany 2,723.4 7.1 2,844.9 3
4 Japan 1,426.3 3.7 1,486.6 4
5 Netherlands 1,345.2 3.5 1,372.2 5
6 France 1,220.9 3.2 1,253.2 6
7 United Kingdom 1,160.6 3.0 1,158.7 8
8 Hong Kong SAR 1,112.7 2.9 1,195.1 7
9 R.O.Korea 1,045.6 2.7 1,140.1 9
10 Italy 1,006.2 2.6 1,052.8 10
15 Singapore 750.0 2.0 783.8 15
22 Viet Nam 518.2 1.4 480.6 24
24 Thailand 482.9 1.3 501.2 22
25 Malaysia 443.2 1.2 465.1 25
31 Indonesia 338.2 0.9 368.9 31
38 Philippines 183.2 0.5 188.6 38
75 Cambodia 36.2 0.1 31.1 82
76 Myanmar 35.4 0.1 36.0 76
116 Lao PDR 11.9 - 11.5 118
120 Brunei 10.9 - 10.7 120
Source: WTO Online Database
TOP TEN WORLD AND ASEAN TRADING COUNTRIES
Rank Country
2019 2018
Value
(US$ bil.) % Share Value (US$ bil.) Rank
Global Exports 18,888.7 19,468.1
1 P.R.China 2,499.0 13.2 2,486.7 1
2 United States 1,645.6 8.7 1,664.0 2
3 Germany 1,489.2 7.9 1,560.5 3
4 Netherlands 709.2 3.8 726.7 5
5 Japan 705.5 3.7 738.1 4
6 France 569.7 3.0 581.8 7
7 R.O.Korea 542.2 2.9 604.9 6
8 Hong Kong SAR 534.9 2.8 568.5 8
9 Italy 532.7 2.8 549.5 9
10 United Kingdom 468.8 2.5 486.4 10
15 Singapore 390.8 2.1 413.0 15
23 Viet Nam 264.3 1.4 243.7 26
25 Thailand 246.2 1.3 253.0 24
26 Malaysia 238.2 1.3 247.5 25
32 Indonesia 167.5 0.9 180.2 30
43 Philippines 70.3 0.4 69.3 46
73 Myanmar 17.4 0.1 16.7 76
82 Cambodia 14.1 0.1 12.7 81
104 Brunei 6.5 - 6.6 103
106 Lao PDR 5.9 - 5.3 110
Source: WTO Online Database
TOP TEN WORLD AND ASEAN TRADING COUNTRIES
Rank Country
2019 2018
Value
(US$ bil.) % Share Value (US$ bil.) Rank
Global Imports 19,237.6 19,812.3
1 United States 2,568.4 13.4 2,614.2 1
2 P.R.China 2,077.1 10.8 2,135.7 2
3 Germany 1,234.2 6.4 1,284.4 3
4 Japan 720.7 3.7 748.5 4
5 United Kingdom 691.8 3.6 672.3 5
6 France 651.2 3.4 671.4 6
7 Netherlands 636.0 3.3 645.5 7
8 Hong Kong SAR 577.8 3.0 626.6 8
9 R.O.Korea 503.3 2.6 535.2 9
10 India 483.9 2.5 514.5 10
16 Singapore 359.3 1.9 370.9 16
22 Viet Nam 253.9 1.3 236.9 23
23 Thailand 236.6 1.2 248.2 22
26 Malaysia 205.0 1.1 217.6 26
30 Indonesia 170.7 0.9 188.7 28
34 Philippines 112.8 0.6 119.3 34
73 Cambodia 22.1 0.1 18.4 81
82 Myanmar 18.0 0.1 19.3 79
120 Lao PDR 6.0 - 6.2 119
132 Brunei 4.4 - 4.2 132
Source: WTO Online Database
TOP TEN WORLD AND ASEAN TRADING COUNTRIES
Industry
2020 (Jan-Jun) 2019 RM bil.
US$ bil. %
Share RM bil.
US$ bil. %
Share
WORLD 448.9 100.0 995.1 100.0
109.0 240.2
Manufactured Goods 383.8 85.5 840.6 84.5
93.2 202.9
(i) Electrical & Electronic Products 166.4 37.1 373.1 37.5
40.4 90.1
(ii) Petroleum Products 33.2 7.4 71.5 7.2
8.1 17.3
(iii) Chemicals & Chemical Products 25.2 5.6 57.5 5.8
6.1 13.9
(iv) Machinery, Equipment & Parts 18.4 4.1 41.6 4.2
4.5 10.0
(v) Optical & Scientific Equipment 18.2 4.1 39.9 4.0
4.4 9.6
Primary Industries 62.9 14.1 147.5 14.8
15.3 35.6
(i) Palm Oil & Palm Oil Based
Agriculture Products 22.6 5.0 44.2 4.4
5.5 10.7
(ii) LNG 17.8 4.0 42.5 4.3
4.3 10.3
(iii) Crude Petroleum 9.1 2.0 26.3 2.6
2.2 6.4
(iv) Metalliferous Ores
and Metal Scrap 2.5 0.6 6.8 0.7
0.6 1.6
(v) Natural rubber 1.5 0.3 3.8 0.4
0.4 0.9
Sources: DOSM and MATRADE
MAJOR EXPORTS
Note: Value in US$ computed by MITI
EXPORT FOR TOP FIVE MANUFACTURED GOODS
EXPORT FOR TOP FIVE PRIMARY INDUSTRIES
Sources: DOSM and MATRADE
Sources: DOSM and MATRADE RM166.4b
US$40.4b
RM33.2b
US$8.1b RM25.2b
US$6.1b RM18.4b
US$4.5b RM18.2b
US$4.4b RM181.9b
US$42.8b
RM35.2b
US$8.3b RM28.7b
US$6.7b RM20.3b
US$4.8b RM18.0b
US$4.2b 0
20 40 60 80 100 120 140 160 180 200
Electrical & Electronic
Products Petroleum Products Chemicals &
Chemical Products Machinery,
Equipment & Parts Optical & Scientific Equipment 2020 (Jan - Jun) 2019 (Jan - Jun)
RM22.6b US$5.5b
RM17.8b US$4.3b
RM9.1b US$2.2b
RM2.5b
US$0.6b RM1.5b
US$0.4b RM22.4b
US$5.3b RM22.3b
US$5.2b
RM14.3b US$3.4b
RM3.4b
US$0.8b RM1.8b
US$0.4b 0
5 10 15 20 25
Palm Oil & Palm Oil Based Agriculture
Products
LNG Crude Petroleum Metalliferous Ores and
Metal Scrap Natural rubber 2020 (Jan - Jun) 2019 (Jan - Jun)
Note:Value in US$ computed by MITI
Note: Value in US$ computed by MITI
Industry
2020 (Jan-Jun) 2019 RM bil.
US$ bil. %
Share RM bil.
US$ bil. %
Share
WORLD 384.4 100.0 849.1 100.0
93.3 205.0
Final Use
Intermediate Goods 209.2 54.4 467.2 55.0
50.8 112.8
Capital Goods 46.4 12.1 100.3 11.8
11.3 24.2
Consumption Goods 34.9 9.1 74.0 8.7
8.5 17.9
Others* 93.9 24.4 207.5 24.4
22.8 50.1
Main Import by Industry
(i) Electrical & Electronic Products 117.5 30.6 119.5 28.9
28.5 28.1
(ii) Chemicals & Chemical Products 35.7 9.3 40.6 9.8
8.7 9.5
(iii) Petroleum Products 31.3 8.2 37.2 9.0
7.6 8.8
(iv) Machinery, Equipment & Parts 28.0 7.3 34.3 8.3
6.8 8.1
(v) Transport Equipment 21.6 5.6 20.6 5.0
5.2 4.8
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 RM117.5b
US$28.5b
RM35.7b
US$8.7b RM31.3b
US$7.6b RM28.0b
US$6.8b RM21.6b
US$5.2b RM119.5b
US$28.1b
RM40.6b
US$9.5b RM37.2b
US$8.8b RM34.3b
US$8.1b
RM20.6b US$4.8b 0
20 40 60 80 100 120 140
Electrical & electronic
products Chemicals &
chemical products Petroleum Products Machinery,
Equipment & Parts Transport Equipment 2020 (Jan - Jun) 2019 (Jan - Jun)
2020 (Jan-Jun)
2019 (Jan-Jun)
Intermediate Goods
54.4% Capital Goods
12.1%
Consumption Goods
9.1%
Others*
24.4%
Intermediate Goods
55.3%
Capital Goods
11.9% Consumption
Goods 8.6%
Others*
24.2%
RM116.0b US$27.8b RM17.5b US$4.2b RM17.8b US$4.3b RM50.4b US$12.1b
RM107.4b US$26.2b RM23.9b US$5.8b RM17.0b US$4.1b RM50.9b US$12.4b Note: Value in US$ computed by MITI
Note: Value in US$ computed by MITI
2020 (Jan-Jun)
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 833.3 100.0 448.9 100.0 384.4 100.0 64.6
202.3 109.0 93.3 15.7
(i) P.R.China 149.2 17.9 69.4 15.5 79.7 20.7 -10.3
36.2 16.9 19.4 -2.5
(ii) Singapore 99.6 11.9 64.7 14.4 34.9 9.1 29.8
24.2 15.7 8.5 7.2
(iii) United
States 80.4 9.6 46.2 10.3 34.3 8.9 11.9
19.5 11.2 8.3 2.9
(iv) Japan 59.6 7.2 30.9 6.9 28.7 7.5 2.1
14.5 7.5 7.0 0.5
(v) R.O.Korea 45.5 5.5 17.4 3.9 28.0 7.3 -10.6
11.0 4.2 6.8 -2.6
(vi) Chinese
Taipei 43.0 5.2 16.2 3.6 26.8 7.0 -10.7
10.4 3.9 6.5 -2.6
(vii) Thailand 36.7 4.4 21.5 4.8 15.2 4.0 6.3
8.9 5.2 3.7 1.5
(viii) Hong Kong
SAR 36.6 4.4 30.5 6.8 6.1 1.6 24.4
8.9 7.4 1.5 5.9
(ix) Indonesia 33.3 4.0 16.4 3.6 17.0 4.4 -0.6
8.1 4.0 4.1 -0.1
(x) India 23.1 2.8 11.4 2.5 11.7 3.0 -0.3
5.6 2.8 2.8 -0.1
Sources: DOSM and MATRADE
TOP TEN MAJOR TRADING PARTNERS
Note: Value in US$ computed by MITI
2019
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 1,844.5 100.0 995.1 100.0 849.4 100.0 145.7
445.3 240.2 205.0 35.2
(i) P.R.China 316.6 17.2 140.9 14.2 175.7 20.7 -34.7
76.4 34.0 42.4 -8.4
(ii) Singapore 226.6 12.3 137.1 13.8 89.5 10.5 47.6
54.7 33.1 21.6 11.5
(iii) United
States 165.2 9.0 96.5 9.7 68.7 8.1 27.9
39.9 23.3 16.6 6.7
(iv) Japan 129.6 7.0 66.0 6.6 63.6 7.5 2.4
31.3 15.9 15.4 0.6
(v) Thailand 100.6 5.5 56.3 5.7 44.3 5.2 12.0
24.3 13.6 10.7 2.9
(vi) Chinese
Taipei 94.1 5.1 37.0 3.7 57.0 6.7 -20.0
22.7 8.9 13.8 -4.8
(vii) Hong Kong
SAR 80.7 4.4 66.6 6.7 14.1 1.7 52.6
19.5 16.1 3.4 12.7
(viii) R.O.Korea 73.1 4.0 34.2 3.4 38.8 4.6 -4.6
17.6 8.3 9.4 -1.1
(ix) Indonesia 70.2 3.8 31.3 3.1 38.9 4.6 -7.6
17.0 7.6 9.4 -1.8
(x) India 62.9 3.4 38.6 3.9 24.3 2.9 14.3
15.2 9.3 5.9 3.5
Sources: DOSM and MATRADE
TOP TEN MAJOR TRADING PARTNERS
Note: Value in US$ computed by MITI
Main Export by Industry, 2020 (Jan-Jun) (RM mil.) (US$ mil.) Electrical & Electronic Products 43,701.8 10,608.8
Petroleum Products 17,341.4 4,209.7
Chemicals & Chemical Products 9,816.6 2,383.0 Machinery, Equipment & Parts 8,107.9 1,968.2
Transport Equipment 5,746.0 1,394.9
Sources: DOSM and MATRADE
TRADE WITH ASEAN
2020 (Jan-Jun)
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 833,306.2 100.0 448,939.7 100.0 384,366.4 100.0 64,573.3
202,289.1 108,982.3 93,306.8 15,675.5
ASEAN 209,305.3 25.1 128,202.5 28.6 81,102.9 21.1 47,099.6
50,809.9 31,121.8 19,688.1 11,433.7
Singapore 99,566.4 11.9 64,701.5 14.4 34,864.9 9.1 29,836.5
24,170.2 15,706.6 8,463.6 7,243.0
Thailand 36,700.6 4.4 21,480.9 4.8 15,219.6 4.0 6,261.3
8,909.2 5,214.6 3,694.6 1,520.0
Indonesia 33,335.0 4.0 16,370.0 3.6 16,965.0 4.4 -595.0
8,092.2 3,973.9 4,118.3 -144.4
Viet Nam 22,486.7 2.7 13,837.3 3.1 8,649.3 2.3 5,188.0
5,458.7 3,359.1 2,099.7 1,259.4
Philippines 11,931.6 1.4 8,129.5 1.8 3,802.1 1.0 4,327.4
2,896.5 1,973.5 923.0 1,050.5
Myanmar 2,331.0 0.3 1,782.1 0.4 548.9 0.1 1,233.2
565.9 432.6 133.3 299.4
Brunei 1,942.6 0.2 1,139.7 0.3 802.9 0.2 336.8
471.6 276.7 194.9 81.8
Cambodia 969.1 0.1 733.7 0.2 235.4 0.1 498.2
235.3 178.1 57.2 120.9
Lao PDR 42.3 - 27.8 - 14.5 - 13.2
10.3 6.7 3.5 3.2
Note: Value in US$ computed by MITI
Main Import by Industry, 2020 (Jan-Jun) (RM mil.) (US$ mil.) Electrical & Electronic Products 22,647.1 5,497.7
Petroleum Products 12,243.9 2,972.3
Chemicals & Chemical Products 6,274.4 1,523.2 Machinery, Equipment & Parts 4,123.6 1,001.0
Processed Food 3,106.6 754.1
Sources: DOSM and MATRADE
2019
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 1,844,482.7 100.0 995,071.9 100.0 849,410.8 100.0 145,661.1
445,261.6 240,212.2 205,049.4 35,162.9
ASEAN 491,513.2 26.6 286,466.1 28.8 205,047.0 24.1 81,419.1
118,652.2 69,153.5 49,498.7 19,654.7
Singapore 226,574.3 12.3 137,077.7 13.8 89,496.7 10.5 47,581.0
54,695.5 33,090.8 21,604.7 11,486.2
Thailand 100,594.7 5.5 56,318.1 5.7 44,276.6 5.2 12,041.6
24,283.8 13,595.3 10,688.4 2,906.9
Indonesia 70,225.9 3.8 31,328.0 3.1 38,898.0 4.6 -7,570.0
16,952.7 7,562.6 9,390.0 -1,827.4
Viet Nam 54,975.8 3.0 35,386.8 3.6 19,589.0 2.3 15,797.8
13,271.3 8,542.4 4,728.8 3,813.6
Philippines 27,637.5 1.5 18,607.5 1.9 9,030.0 1.1 9,577.5
6,671.8 4,491.9 2,179.9 2,312.0
Brunei 4,230.4 0.2 2,289.0 0.2 1,941.4 0.2 347.6
1,021.2 552.6 468.7 83.9
Myanmar 3,919.8 0.2 2,830.7 0.3 1,089.1 0.1 1,741.6
946.2 683.3 262.9 420.4
Cambodia 3,279.7 0.2 2,594.8 0.3 684.9 0.1 1,910.0
791.7 626.4 165.3 461.1
Lao PDR 75.0 - 33.5 - 41.5 - -8.0
18.1 8.1 10.0 -1.9
TRADE WITH ASEAN
Note: Value in US$ computed by MITI
2020 (Jan-Jun)
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 833,306.2 100.0 448,939.7 100.0 384,366.4 100.0 64,573.3
202,289.1 108,982.3 93,306.8 15,675.5
EU 74,461.3 8.9 42,216.8 9.4 32,244.5 8.4 9,972.3
18,075.8 10,248.3 7,827.5 2,420.8
Germany 22,796.0 2.7 11,049.2 2.5 11,746.8 3.1 -697.6
5,533.8 2,682.2 2,851.6 -169.3
Netherlands 13,389.3 1.6 11,278.7 2.5 2,110.6 0.5 9,168.1
3,250.3 2,738.0 512.4 2,225.6
United
Kingdom 7,166.5 0.9 3,946.8 0.9 3,219.7 0.8 727.0
1,739.7 958.1 781.6 176.5
Italy 5,499.5 0.7 2,342.6 0.5 3,156.9 0.8 -814.2
1,335.0 568.7 766.3 -197.7
France 5,430.6 0.7 2,471.2 0.6 2,959.5 0.8 -488.3
1,318.3 599.9 718.4 -118.5
TRADE WITH MAJOR EU COUNTRIES
Main Export by Industry, 2020 (Jan-Jun) (RM mil.) (US$ mil.) Electrical & Electronic Products 18,345.8 4,453.5 Palm Oil & Palm Oil Based Agriculture Products 3,622.4 879.4
Rubber Products 3,574.9 867.8
Optical & Scientific Equipment 2,575.7 625.3
Palm Oil-based Manufactured Products 2,261.4 549.0
Sources: DOSM and MATRADE Note: Value in US$ computed by MITI
2019 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 1,844,482.7 100.0 995,071.9 100.0 849,410.8 100.0 145,661.1
445,261.6 240,212.2 205,049.4 35,162.9
EU 175,807.2 9.5 96,911.8 9.7 78,895.5 9.3 18,016.3
42,440.2 23,394.7 19,045.5 4,349.2
Germany 52,815.2 2.9 26,050.9 2.6 26,764.3 3.2 -713.3
12,749.7 6,288.7 6,460.9 -172.2
Netherlands 31,989.8 1.7 26,298.2 2.6 5,691.6 0.7 20,606.7
7,722.4 6,348.4 1,374.0 4,974.5
France 17,073.9 0.9 6,213.9 0.6 10,860.0 1.3 -4,646.1
4,121.7 1,500.0 2,621.6 -1,121.6
United
Kingdom 16,460.7 0.9 9,109.0 0.9 7,351.7 0.9 1,757.2
3,973.6 2,198.9 1,774.7 424.2
Italy 12,105.7 0.7 5,053.2 0.5 7,052.6 0.8 -1,999.4
2,922.3 1,219.8 1,702.5 -482.7
TRADE WITH MAJOR EU COUNTRIES
Main Import by Industry, 2020 (Jan-Jun) (RM mil.) (US$ mil.) Electrical & Electronic Products 7,809.5 1,895.8
Chemicals & Chemical Products 5,536.4 1,344.0
Machinery, Equipment & Parts 5,306.4 1,288.1
Transport Equipment 2,938.2 713.3
Optical & Scientific Equipment 1,672.1 405.9
Sources: DOSM and MATRADE Note: Value in US$ computed by MITI
2020 (Jan-Jun)
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 833,306.2 100.0 448,939.7 100.0 384,366.4 100.0 64,573.3
202,289.1 108,982.3 93,306.8 15,675.5
APEC 658,644.6 79.0 357,652.6 79.7 300,992.1 78.3 56,660.5
159,889.2 86,821.9 73,067.3 13,754.6
P.R.China 149,160.3 17.9 69,434.1 15.5 79,726.3 20.7 -10,292.2
36,209.4 16,855.5 19,353.9 -2,498.5
Singapore 99,566.4 11.9 64,701.5 14.4 34,864.9 9.1 29,836.5
24,170.2 15,706.6 8,463.6 7,243.0
United States 80,409.8 9.6 46,153.4 10.3 34,256.4 8.9 11,897.0
19,519.9 11,203.9 8,315.9 2,888.0
Japan 59,626.3 7.2 30,880.5 6.9 28,745.7 7.5 2,134.8
14,474.6 7,496.4 6,978.2 518.2
R.O.Korea 45,463.6 5.5 17,427.2 3.9 28,036.4 7.3 -10,609.2
11,036.5 4,230.5 6,806.0 -2,575.4
TRADE WITH MAJOR APEC ECONOMIES
Main Export by Industry, 2020 (Jan-Jun) (RM mil.) (US$ mil.) Electrical & Electronic Products 142,892.2 34,687.8
Petroleum Products 26,418.3 6,413.2
Chemicals & Chemical Products 21,121.6 5,127.4
LNG 17,671.6 4,289.9
Optical & Scientific Equipment 14,949.0 3,628.9
Sources: DOSM and MATRADE Note: Value in US$ computed by MITI
2019
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 1,844,482.7 100.0 995,071.9 100.0 849,410.8 100.0 145,661.1
445,261.6 240,212.2 205,049.4 35,162.9
APEC 1,433,541.3 77.7 774,459.7 77.8 659,081.5 77.6 115,378.2
346,059.6 186,956.0 159,103.5 27,852.5
P.R.China 316,598.2 17.2 140,931.4 14.2 175,666.8 20.7 -34,735.4
76,427.4 34,021.1 42,406.3 -8,385.2
Singapore 226,574.3 12.3 137,077.7 13.8 89,496.7 10.5 47,581.0
54,695.5 33,090.8 21,604.7 11,486.2
United States 165,219.8 9.0 96,541.6 9.7 68,678.1 8.1 27,863.5
39,884.4 23,305.3 16,579.0 6,726.3
Japan 129,592.1 7.0 65,997.8 6.6 63,594.3 7.5 2,403.5
31,283.8 15,932.0 15,351.8 580.2
Thailand 100,594.7 5.5 56,318.1 5.7 44,276.6 5.2 12,041.6
24,283.8 13,595.3 10,688.4 2,906.9
TRADE WITH MAJOR APEC ECONOMIES
Main Import by Industry, 2020 (Jan-Jun) (RM mil.) (US$ mil.) Electrical & Electronic Products 108,514.2 26,342.3 Chemicals & Chemical Products 24,562.3 5,962.6
Petroleum Products 23,471.8 5,697.9
Machinery, Equipment & Parts 21,690.8 5,265.5
Transport Equipment 18,444.6 4,477.5
Sources: DOSM and MATRADE Note: Value in US$ computed by MITI
2020 (Jan-Jun)
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 833,306.2 100.0 448,939.7 100.0 384,366.4 100.0 64,573.3
202,289.1 108,982.3 93,306.8 15,675.5
EFTA 4,958.4 0.6 2,167.7 0.5 2,790.7 0.7 -623.0
1,203.7 526.2 677.5 -151.2
Switzerland 4,309.3 0.5 1,929.9 0.4 2,379.4 0.6 -449.5
1,046.1 468.5 577.6 -109.1
Norway 637.5 0.1 234.8 0.1 402.7 0.1 -168.0
154.8 57.0 97.8 -40.8
Liechtenstein 9.9 - 1.9 - 8.1 - -6.2
2.4 0.5 2.0 -1.5
Iceland 1.6 - 1.1 - 0.5 - 0.7
0.4 0.3 0.1 0.2
TRADE WITH EFTA COUNTRIES
Main Export by Industry, 2020 (Jan-Jun) (RM mil.) (US$ mil.) Metalliferous Ores and Metal Scrap 1,293.5 314.0 Electrical & Electronic Products 122.8 29.8
Machinery, Equipment & Parts 122.6 29.8
Optical & Scientific Equipment 86.1 20.9
Rubber Products 85.4 20.7
Sources: DOSM and MATRADE Note: Value in US$ computed by MITI
2019
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 1,844,482.7 100.0 995,071.9 100.0 849,410.8 100.0 145,661.1
445,261.6 240,212.2 205,049.4 35,162.9
EFTA 10,105.3 0.5 2,601.0 0.3 7,504.2 0.9 -4,903.2
2,439.4 627.9 1,811.5 -1,183.6
Switzerland 8,650.4 0.5 2,143.7 0.2 6,506.8 0.8 -4,363.1
2,088.2 517.5 1,570.7 -1,053.3
Norway 1,439.8 0.1 450.0 0.05 989.9 0.1 -539.9
347.6 108.6 239.0 -130.3
Liechtenstein 9.2 - 3.0 - 6.2 - -3.3
2.2 0.7 1.5 -0.8
Iceland 5.8 - 4.4 - 1.4 - 3.0
1.4 1.1 0.3 0.7
TRADE WITH EFTA COUNTRIES
Main Import by Industry, 2020 (Jan-Jun) (RM mil.) (US$ mil.)
Chemicals & Chemical Products 501.9 121.8
Machinery, Equipment & Parts 382.1 92.7
Optical & Scientific Equipment 244.2 59.3
Electrical & Electronic Products 237.1 57.6
Manufactures of Metal 138.5 33.6
Sources: DOSM and MATRADE Note: Value in US$ computed by MITI
