Page 188-189 - MATRADE Annual Report 2013

OVERVIEW OF MALAYSIA’S TRADE PERFORMANCE IN 2013 CREATING GLOBAL FOOTPRINTS Annual Report 2013 002/003
Export of refined petroleum products increased 26.9%
from RM51.5 billion in 2012 to RM65.4 billion in 2013.
Singapore remained as the main export destination
accounting for 42.3% share of total exports of this
sector.
Export of LNG, valued at RM59.2 billion increased
by 5.5% compared with RM56.2 billion in 2012,
contributed by higher exports to Japan, Republic of
Korea and PRC. Japan remained the main destination
for LNG exports, accounting for 67.9% of total
exports. Malaysia ranked as the world’s second
largest exporter of LNG after Qatar.
Export of petrochemicals increased by 10.5% to
RM36.51 billion with major contributors being para-
xylene, used for fibre production & manufacture of
synthetic textile valued at RM2.3 billion; ammonium
nitrate & urea at RM1.61 billion and chemicals for
the electronics industry valued at RM1.09 billion.
The main export markets for para-xylene were PRC
and India, while Indonesia, Philippines and Thailand
were main markets for ammonium nitrate & urea
and chemicals for electronics industry were mostly
exported to Taiwan, the USA, Singapore & PRC.
Malaysia exported RM1.59 billion worth of pipelines,
mainly to Australia and Thailand. Other products
were compact wellhead and christmas tree valued
at RM1.56 billion, floating or submersible drilling or
production platform valued at RM189.1 million and
mechanical seals worth RM20.1 million.
Oil & Gas
ANNUAL REPORT 2013 Overview of Malaysia’s Trade Performance 2013 STRENGTHENING GLOBAL FOOTPRINTS 187 186
Chemicals &
Chemical products
Exports of machinery, appliances and parts
recorded an increase of 7.6% to reach RM27.23
billion. Major export markets were Singapore which
recorded RM5.18 billion, Indonesia RM2.9 billion,
Thailand RM2.28 billion, PRC RM1.98 billion and
the USA RM1.64 billion.
The increases were driven by civil engineering &
equipment, an increase of 41.9% to RM2.41 billion;
parts & accesories for machine tools, an increase
of 27.7% to RM429.4 million and mechanical
handling equipment & parts increased by 27.3% to
RM1.36 billion.
Machinery,
Appliances
and Parts
Exports of chemicals and chemical products
in 2013 grew by 3.1% to RM47.72 billion as
compared to RM46.3 billion registered in 2012.
The increases were seen primarily from exports
of chemical materials & products, fertilisers &
inorganic chemicals. Major export destinations for
chemicals and chemical products were the PRC
which recorded RM10.59 billion, Indonesia at
RM5.06 billion, Thailand RM4.15 billion, Singapore
RM3.69 billion and India absorbing RM2.82 billion.