Page 178-179 - MATRADE Annual Report 2013

Malaysia’s trade with North America declined by
0.8% to RM114.72 billion, representing 8.4% share to
Malaysia’s total trade. Exports to the region decreased
by 4.9% to RM60.58 billion while imports expanded
by 4.2% to RM54.13 billion.
Malaysia’s trade with West Asia sustained at RM57.83
billion, representing 4.2% share of Malaysia’s total
trade. Exports to West Asia constituted 3.8% of total
The five main exports destination to West Asia were
UAE, Saudi Arabia, Iran, Turkey and Yemen. Increase
in exports were recorded for jewellery, by 19.5% to
Imports from West Asia contracted by 1.2% to
RM30.7 billion in 2013. The UAE, Saudi Arabia,
Qatar and Kuwait collectively contributed 86.5% of
Malaysia’s total imports from the region. Main imports
North America West Asia
The USA accounted for 8% share or RM109.03 billion
of Malaysia’s total trade, a marginal decrease of 0.8%
from 2012.
The USA
Exports to the USA decreased by 4.5% to RM58.06
billion in 2013; contributed mainly by lower exports of
E & E products, optical & scientific equipment, palm oil
and wood products.
Increase in exports were registered for textiles &
clothing, up by 8.7% to RM2.01 billion, chemicals
& chemical products ( ↑ 8.3% to RM1.75 billion) and
machinery, appliances & parts (↑ 12.2% to RM1.64
billion).
Malaysia’s imports from the USA expanded by 3.9% to
RM50.98 billion, with increase in imports of aircraft &
associated equipment & parts, semiconductor devices
and diodes and transistors as well as petroleum oil.
RM5.06 billion, processed food 11.7% to RM1.08
billion and transport equipment 48.1% to RM417.54
million.
were crude petroleum valued at RM11.04 billion or
36% share of total imports from West Asia, followed
by refined petroleum products valued at RM8.36
billion, with 27.2% share.
Imports from North America represents 8.3% share to
Malaysia’s total imports for 2013 with major imports
comprised of E & E products, transport equipment,
chemicals and chemical products, machinery,
appliances and parts as well as optical and scientific
products.
Top 5 Exports to West Asia
Top 5 Imports from West Asia
Top 5 Trading Partners in West Asia
30
25
20
15
10
5
0
-
-
-
-
-
-
-
RM Billion
RM27.72 bil
RM9.63 bil
RM3.92 bil RM3.45 bil RM3.27 bil
UAE Saudi Arabia Qatar Turkey Iran
Source: Department of Statistics, Malaysia
exports with a value of RM27.13 billion and imports
from West Asia accounted for 4.7% of total imports
valued at RM30.7 billion.
E & E Products
Jewellery
Palm Oil
Machinery, Appliances and Parts
Refined Petroleum Products
Crude Petroleum
Refined Petroleum Products
Chemicals & Chemical Products
Manufactures of Metal
Jewellery
19.4%
18.7%
11.6%
6.6%
4.9%
Optical & Scientific Equipment
RM3.19 bil. 5.5% share
Palm Oil
RM2.86 bil. 4.9% share
Rubber Products
RM3.86 bil. 6.7% share
E & E Products
RM32.75 bil. 56.4% share
Wood Products
RM2.22 bil. 3.8% share
Top 5 Exports to USA 2013
36%
27.2%
9.0%
4.0% 0.8%
ANNUAL REPORT 2013 Overview of Malaysia’s Trade Performance 2013 STRENGTHENING GLOBAL FOOTPRINTS 177 176