Malaysia - Foreign trade



During the 1970s, petroleum and manufactures displaced rubber and tin as Malaysia's leading exports. Malaysia now exports over a third (37%) of the world's fixed vegetable oil, and a considerable portion (14%) of the world's radio broadcast receivers, but its largest export revenues come from sales of office machines. The top eight exports are:

Malaysia

% OF COUNTRY TOTAL
Office machines and parts 21
Transistors and valves 19
Telecommunications equipment 13
Crude petroleum 4.0
Natural and manufactured gas 3.7
Fixed vegetable oil 2.7
Electrical breakers 2.6
Apparel 2.3

In 2000 Malaysia's imports were distributed among the following categories:

Malaysia

Consumer goods 4.4%
Food 3.6%
Fuels 4.8%
Industrial supplies 21.3%
Machinery 60.2%
Transportation 4.1%
Other 1.6%

Exports went primarily to the US (21%), Singapore (18%), and Japan (13%). Imports came primarily from Japan (21%), the US (17%), and Singapore (14%). Principal trading partners in 2000 (in millions of US dollars) were as follows:

Malaysia

COUNTRY EXPORTS IMPORTS BALANCE
United States 20,160 13,637 6,523
Singapore 18,046 11,762 6,284
Japan 12,834 17,240 -4,406
China (inc. Hong Kong) 7,464 5,494 1,970
Netherlands 4,110 578 3,532
Thailand 3,549 3,154 395
Korea 3,280 3,663 -383
United Kingdom 3,044 1,600 1,444
Germany 2,457 2,442 15
Indonesia 1,706 2,269 -563

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