Page 170-171 - MATRADE Annual Report 2013

Major export destinations within North East Asia in
2013 were People’s Republic of China (PRC) and
Japan. These countries contributed RM176.72 billion
or 69.2% share of total exports to the region.
The increase in exports to the region was contributed
by higher exports of manufactures of metal (↑ RM6.15
billion), LNG (↑ RM3.06 billion), chemicals and
chemical products (↑ RM1.2 billion), refined petroleum
Malaysia’s trade with North East Asia grew by 5%
to RM490.67 billion contributing 35.8% share to
Malaysia’s total trade. Exports to the region increased
products (↑ RM946.21 million) and E & E products
(↑ RM535.38 million).
Imports from North East Asia represented 36.3%
share of Malaysia’s total imports in 2013. Major
imports comprised of E & E products, machinery,
appliances & parts, manufactures of metal, chemicals
and chemical products, as well as iron and steel
products.
North East Asia
Accounting for 14.8% of Malaysia’s total trade, PRC
for the fifth successive year remained as Malaysia’s
largest trading partner in 2013. Trade with PRC
grew by 12.5% to RM203.23 billion. Exports to PRC
increased by 9.2% to RM96.97 billion accounting for
13.5% share of total exports while imports rose by
15.7% to RM106.26 billion or 16.4% of Malaysia’s
total imports. PRC was Malaysia’s largest import
source.
More than 70% of Malaysia’s exports to PRC were
manufactured goods which increased by 9.5% in
2013. E & E products valued at RM40.22 billion
Trade with Japan, Malaysia third largest trading
partner, declined by 6.6% to RM136.11 billion. Exports
declined by 4.4% to RM79.75 billion. LNG accounted
for 50.4% of exports to Japan.
Higher exports were seen for transport equipment
which expanded by 39.5%, with higher demand for
aircraft associated equipment & parts, as well as parts
accounting for 41.5% of total exports to PRC.
Other main exports were chemicals & chemical
products, manufactures of metal, rubber products
and machinery, appliances and parts. Exports of
commodity represented 14.1% of total exports to
PRC with palm oil as the largest contributor valued at
RM9.2 billion.
Manufactured goods constituted 94.3% of Malaysia’s
total imports from PRC. Main import items were
E & E products namely electronic integrated circuits,
parts and accessories for computers, cellular phones,
TV reception apparatus, industrial and laboratory
electrical furnaces and ovens.
and accessories for motor vehicles plus textiles &
clothing by 4%.
Imports from Japan were valued at RM56.36 billion or
8.7% share to Malaysia’s total imports. Major imports
were E & E products, refined petroleum products and
machinery, appliances & parts.
People’s Republic of China (PRC)
Japan
by 2.3% to RM255.31 billion while imports expanded
by 8.2% to RM235.36 billion.
Malaysia’s Exports to PRC 2013
Malaysia’s Imports from PRC 2013
Source: Department of Statistics, Malaysia
E & E Products
RM46.39 bil. 43.7% share
Others
RM12.18 bil. 11.5% share
Manufactures of Plastics
RM1.64 bil. 1.5% share
Refined Petroleum Products
RM1.87 bil. 1.8% share
Transport Equipments
RM2.76 bil. 2.6% share
Textiles & Clothing
RM2.86 bil. 2.7% share
Optical & Scientific Equipment
RM3.44 bil. 3.2% share
Iron & Steel Products
RM5.11 bil. 4.8% share
Chemicals & Chemical Products
7.56 bil. 7.1% share
Manufactures of Metal
RM9.52 bil. 9.0% share
Machinery, Appliances & Parts
RM12.93 bil. 12.2% share
Source: Department of Statistics, Malaysia
E & E Products
RM40.22 bil. 41.5% share
Others
RM8.89 bil. 9.2% share
Metalliferous Ores & Metal Scrap
RM1.94 bil. 2% share
Machinery, Appliances & Parts
RM1.98 bil. 2% share
Crude Rubber
3.19 bil. 3.3% share
LNG
3.34 bil. 3.4% share
Rubber Products
RM5.15 bil. 5.3% share
Refined Petroleum Products
RM5.40 bil. 5.6% share
Manufactures of Metal
RM7.06 bil. 7.3% share
Palm Oil
RM9.2 bil. 9.5% share
Chemicals & Chemical Products
RM10.59 bil. 10.9% share
Source: Department of Statistics, Malaysia
Malaysia’s Trade with North East Asia 2013
220.00
200.00
180.00
160.00
140.00
120.00
100.00
80.00
60.00
40.00
20.00
0.00
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RM Bilion
RM203.23 bil
PRC Japan Hong Kong ROK Taiwan
RM136.11 bil
RM41.74 bil RM56.79 bil RM52.55 bil
ANNUAL REPORT 2013 Overview of Malaysia’s Trade Performance 2013 STRENGTHENING GLOBAL FOOTPRINTS 169 168