Importing from Malaysia

Malaysia Import Guide | Trade Finance Global

Importing from Malaysia

Malaysia Country Profile

Official Name (Local Language) Malaysia
Capital Kuala Lumpur
Population 30,949,962
Currency Malaysian Ringgit
GDP $302.7 billion
Languages Malay
Telephone Dial In 60

Malaysia Exports Profile

Exports ($m USD)

216,428

Number of Export Products

4,095

Number of Export Partners

219

Top 5 export partners

Country

Trade

% Partner Share

Singapore

30,986

14.32

China

29,188

13.49

United States

20,576

9.51

Japan

17,304

8.00

Thailand

11,69

5.40

Top 5 Export Products at HS 6 digit level

Export Product

Number

Monolithic integrated circuits, digital

15.2%

Petroleum oils, etc, (excl. crude); preparation

6.1%

Natural gas, liquefied

4.6%

Palm oil (excl. crude) and liquid fractions

4.5%

Petroleum oils and oils obtained from bituminou

4.2%

Chart Showing GDP Growth Compared to rest of world

GDP Composition for Malaysia

Agriculture

%

Product List

8.2%

Palm oil, rubber, cocoa, rice, timber; pepper

Industry

%

Industry List

37.8%

Rubber and oil palm processing and manufacturing, petroleum and natural gas, light manufacturing, pharmaceuticals, medical technology, electronics and semiconductors, timber processing; logging, petroleum and natural gas production; Sarawak - agriculture

Services

%

Services List

54%

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Malaysia Economic Statistics

Government Website

https://www.malaysia. gov.my/

Sovereign Ratings

https://countryeconomy. com/ratings/malaysia

Central Bank

Bank Negara Malaysia

Currency USD Exchange Rate

4079

Unemployment Rate

3.3%

Population below poverty line

3.8%

Inflation Rate

0,02

Prime Lending Rate

0,03

GDP

$302.7 billion

GDP Pro Capita (PPP)

$27,200

Currency Name

Malaysian Ringgit

Currency Code

MYR

World Bank Classification

Upper Middle Income

Competitive Industrial Performance

25/138

Corruption Perceptions Index

55/176

Ease of Doing Business

15/190

Enabling Trade Index

62/180

Currency in Malaysia

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