Page 176-177 - MATRADE Annual Report 2013

55.4%
9.6%
6.4%
5.2% 2.9%
Major Exports to Germany 2013
E & E Products
Optical & Scientific Equipment
Rubber Products
Crude Natural Rubber
Machinery, Appliances & Parts
62.17
Electrical and Electronic Products
Palm Oil
Optical & Scientific Equipment
Rubber Products
Chemicals & Chemical Products
Crude Rubber
Machinery, Appliances & Parts
Transport Equipment
Manufactures of Metal
Wood Products
Trade with EU accounted for 9.9% of Malaysia’s total
trade in 2013, an increase of 6.3% from the previous
year to reach RM135.79 billion. Pockets of recovery in
mid 2013 in the Euro zone boosted exports to the EU.
refined petroleum products, which expanded by
RM455.1 million, optical & scientific equipment
(↑ RM298.4 million), as well as rubber products
(↑ RM218.6 million)
E & E products, mainly parts of electronic integrated
circuits remained the leading imports, accounting for
22.2% of Malaysia’s total imports from the region.
Other major imports were transport equipment,
machinery, appliances and parts, as well as chemicals
and chemical products.
The European Union (EU)
Imports from the Netherlands grew by 7.9% to reach
RM5.41 billion. Major imports from the Netherlands
were refined petroleum products, E & E products,
Malaysia’s trade with the Netherlands in 2013
expanded by 10.8% to RM26.12 billion from RM23.57
billion registered in 2012.
Within the EU, the Netherlands was the largest export
market, representing 31.7% share of Malaysia’s
exports to the EU. Exports increased by 11.6% to
RM20.72 billion.
Within the EU, Germany was Malaysia’s largest trading
partner, 2nd largest export destination and ranked
1st as Malaysia’s source of import. Malaysia’s trade
with Germany in 2013 was valued at RM39.42 billion.
Exports to the country grew by 3.1% to RM16.51
billion while imports decline by 1.3% to RM22.91
billion.
Increase in exports to Germany were recorded
for E & E products which expanded to RM9.14
billion. This was followed by optical and scientific
equipment (RM1.59 billion), rubber products (RM1.05
billion), transport equipment (RM442.77 million) and
manufactures of plastics (RM145.03 million).
Imports from Germany decreased by 1.3% to
RM22.91 billion. Major imports comprised of E & E
products, machinery, appliances & parts and transport
equipment accounting for 32.2%, 19% and 14.2%,
respectively.
Germany
Netherlands
chemicals & chemical products, machinery, appliances
& parts, as well as processed food.
Significant increase in exports were seen to the
Netherlands which expanded by RM2.16 billion,
Germany (↑ RM492.2 million) Austria (↑ RM270.5
million), Italy (↑ RM261 million), Slovenia (↑ RM236
million), Belgium (↑ RM206.2 million) and Poland
(↑ RM136.8 million).
Biggest contributor to the increase in exports to EU
were E & E products which increased by RM4.06
billion or 15.1% to reach RM30.94 billion. Other
products that showed higher exports to the EU were
Malaysia’s Top 10 Exports to the EU in 2013 and 2013
Electrical and Electronic Products
Palm Oil
Optical & Scientific Equipment
Rubber Products
Chemicals & Chemical Products
Machinery, Appliances & Parts
Transport Equipment
Crude Rubber
Manufactures of Plastics
Manufactures of Metal
TOTAL 65.29 100.0 100.0
Products Products 2013
(RM Billion)
2012
(RM Billion)
Share
(%)
Share
(%)
Source: Department of Statistics, Malaysia
Exports grew by 5% to RM65.29 billion while imports
expanded by 7.6% to RM70.5 billion.
Top 5 Trading Partners within European Union 2013
40
35
30
25
20
15
10
5
0
-
-
-
-
-
-
-
-
RM Billion
RM39.42 bil
RM26.12 bil
RM18.93 bil
RM14.16 bil
RM9.08 bil
Germany Netherlands France United Kingdom Italy
Major Exports to the Netherlands 2013
E & E Products
Palm Oil
Optical & Scientific Equipment
Chemicals & Chemical Products
Rubber Products
18.6% 53.4%
8%
7.9% 1.3%
ANNUAL REPORT 2013 Overview of Malaysia’s Trade Performance 2013 STRENGTHENING GLOBAL FOOTPRINTS 175 174
26.88
7.15
3.73
3.42
3.37
2.41
2.32
1.61
1.42
1.38
30.94
5.54
4.03
3.64
3.51
2.40
1.78
1.70
1.34
1.32
43.2
11.5
6.0
5.5
5.4
3.9
3.7
2.6
2.3
2.2
47.4
8.5
6.2
5.6
5.4
3.7
2.7
2.6
2.1
2.0