MATRADE and MTC Led Successful Business Matchings at The Malaysian Wood Expo 2023 - Fueling Malaysian Timber Industry Growth
THURSDAY, 22 JUNE 2023, KUALA LUMPUR: Malaysia External Trade Development Corporation (MATRADE) through a collaboration with Malaysian Timber Council (MTC) had successfully matched 88 Malaysian exporters of wood-based products with foreign buyers from 23 countries which resulted in RM147 million of export value from 773 business meetings held.
The business meetings were held in conjunction with Malaysian Wood Expo (MWE) 2023 organised by MTC on 19 June 2023 at Malaysia International Trade and Exhibition Centre (MITEC). Foreign buyers flew in from Bahrain, Canada, Chile, China, France, Hungary, India, Ireland, Japan, Jordan, Maldives, Mexico, Nepal, Pakistan, Poland, Qatar, South Korea, Sri Lanka, Thailand, Turkiye, UAE, UK and USA. The products sourced by these foreign buyers were plywood, medium density fibreboard (MDF), veneer, wooden doors, wooden floorings, and furniture products.
Puan Sharimahton Mat Saleh, MATRADE’s Deputy Chief Executive of Export Acceleration said, “We are honoured to join forces with MTC as the collaboration highlights the strength of strategic partnership in accelerating and boosting exports for Malaysian wood industry players.” She added, “All Malaysian exporters are urged to leverage MATRADE’s export initiatives to stay resilient amidst global challenges”.
MTC Chairman Tuan Haji Zainal Abidin Haji Abdullah said, “We are steadfast in our commitment to nurture the growth of the Malaysian timber industry. Both MATRADE and MTC will continue to provide valuable platforms and initiatives for Malaysian companies to expand their export opportunities and strengthen their global presence.”
In 2022, the exports of Malaysian timber and timber products grew by 10.6% to RM25.21 billion which was the highest earnings recorded by the timber industry in recent years. The major timber-based products exported from Malaysia were wooden furniture, plywood, sawn timber, fibreboard and Builders’ Joinery & Carpentry (BJC). Among the top export destinations include the United States, Japan, and India.
Malaysian companies who are keen to take part in MATRADE programmes are encouraged to contact MATRADE via email at Alamat emel ini dilindungi dari Spambot. Anda perlu hidupkan JavaScript untuk melihatnya., visit MATRADE’s social media channels or go to www.matrade.gov.my for more details.
For more information about the Malaysian Timber Council's programs, initiatives, and support services, visit www.mtc.com.my or email at Alamat emel ini dilindungi dari Spambot. Anda perlu hidupkan JavaScript untuk melihatnya..
