The Official Portal Of Malaysia External Trade Development Corporation
KUALA LUMPUR, 16 DECEMBER 2025 (TUESDAY): The participation of Malaysian companies at Automechanika Shanghai 2025, one of the world’s leading international trade fairs for the automotive aftermarket industry, secured total export sales of RM163.5 million over the four-day event. The outcome underscores the growing competitiveness and quality assurance of Malaysian-made products and services related to the automotive sector, particularly in the rapidly evolving Asian markets.
The Malaysia External Trade Development Corporation (MATRADE) coordinated Malaysia’s fourth participation at Automechanika Shanghai, bringing together 10 Malaysian companies to showcase their capabilities under the Malaysia Pavilion at the National Exhibition and Convention Centre, Shanghai, China, from 26 to 29 November 2025. To seize opportunities, the exhibition provided an effective platform for Malaysian companies to connect with potential buyers, mainly from China, through pre-arranged business-to-business (B2B) meetings and pitching sessions. In addition, a networking session was held to further strengthen the business collaboration between Malaysian companies and related industry associations in Shanghai.
Malaysian products and services continued to attract strong interest among buyers from China, the Middle East, ASEAN and European countries particularly for automotive and industrial machinery specialised lubricant formulations, auto parts and components such as suspensions, filters and brake pads, premium car care products, security and safety solutions and mobility support systems. It also reflects the confidence placed in Malaysian Original Equipment Manufacturers (OEMs) complying with stringent international standards. According to IHS Markit, the global demand for the OEM component market (parts and systems supplied for new vehicle production) is estimated at USD40 billion in 2024, fuelled by the production volume of new vehicles. The sector is projected to grow at a CAGR of 4.2% over the next decade.
Concurrently, the demand for the automotive aftermarket (replacement parts, services, and accessories) is estimated at USD460 billion globally in 2024, expected to record a stable CAGR of 3.6% during 2025 to 2032 forecast period and is driven by growing, ageing global vehicle fleet that requires more frequent maintenance, repair, and customisation, with a strong trend toward e-commerce sales. By strategically focusing on high-quality aftermarket segments, Malaysia is positioning its automotive sector for sustained growth and resilience amid ongoing industry shifts.
In 2024, Malaysia’s global exports of automotive products were valued at
RM10.37 billion, marking a positive growth of 2.3% compared to the previous year. Major exported products were motor vehicles parts, bumpers and parts for motor vehicles, body parts for motor vehicles, motor vehicles with both spark plugs and electric motors (capable of charging), as well as steering wheels, columns, and boxes for motor vehicles. Malaysia’s major export markets for automotive products in 2024 were Singapore (RM2.22 billion), Thailand (RM1.77 billion), Australia (RM897.73 million), Taiwan (RM588.25 million) and Indonesia (RM533.15 million). During the year, China ranked 11th as Malaysia’s major exports destination for automotive products valued at RM242.38 million, comprising motor vehicle parts, shock absorbers, body parts, transmission parts, as well as bumpers and their parts.
Moving forward, in order to remain resilient amid rapid developments in New Energy Vehicle (NEV) technology, Malaysian companies must focus on building future-ready capabilities. This means urgently upskilling the workforce, modernising technology and equipment and adopting the latest green mobility standards. By prioritising these enhancements, Malaysia’s automotive sector can innovate quickly and ensure its strong, sustained position in the global supply chain.
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