Malaysia is a country known for its cultural diversity and is also one of the main players in international trade. With an open and export-oriented economy, Malaysia has successfully leveraged its abundant natural resources and strong manufacturing base to become a major force in the global market.Â
Malaysia's main export commodities, from advanced electronics to much-needed palm oil, make the country an important supplier to many countries around the world. On the other hand, Malaysia also imports various goods to support its domestic industry and meet the needs of its dynamic population.Â
This article will review in more depth Malaysia's export and import commodities, as well as specific import commodities in the Dumai and Aceh regions from Malaysia.
Malaysian Import Export Commodities
List of contents
Malaysia exports various commodities that are important for its economy. One of the main commodities is electronic products and electrical equipment, including semiconductors and communications devices. The main export destination countries for this product are the United States, Singapore, China and Hong Kong.
Palm oil and its derivative products are also Malaysia's largest export commodity, used in the food and cosmetics industries. India, China and the European Union are the main markets for Malaysian palm oil.
Read Also: Details of the Cost of Living in Malaysia and Savings Tips!
Malaysia's chemical and petrochemical products include a variety of industrial chemicals and plastics, with primary export destinations to China, Singapore and Indonesia. Additionally, Malaysia is one of the main exporters of liquefied natural gas (LNG), which is used as an energy source, with main markets in Japan, South Korea and China.
Rubber products such as medical gloves are another important export commodity, exported to the United States, the European Union and Japan.
Malaysian Import Commodities
Malaysia imports various commodities to support its economy. Machinery and mechanical equipment are one of the main import categories, used in the industrial and manufacturing sectors. The countries from which imports of mechanical machinery and equipment originate are China, Japan and Germany.
Malaysia also imports electronic components for the electronics manufacturing industry from countries such as China, Singapore and Japan. Chemicals for industrial and agricultural use are also important imports for Malaysia, with the United States, China and Germany as major suppliers.
To meet its energy needs, Malaysia imports crude oil and other oil products from Saudi Arabia, the UAE and India. In addition, Malaysia imports various food products to meet domestic consumption needs, with main suppliers from Thailand, Indonesia and Australia.
Dumai Import Commodities From Malaysia
Dumai imports palm oil from Malaysia to be processed and re-exported. Industrial chemicals are also imported from Malaysia for the needs of factories in Dumai. In addition, Dumai imports electronic components from Malaysia to support the manufacturing industry in the region.
Read Also: 10 Indonesian Export Commodities You Need to Know
Aceh Import Commodities From Malaysia
Aceh imports oil and gas products from Malaysia to meet its energy needs. Building materials such as cement and iron are also imported from Malaysia for construction projects in Aceh. Apart from that, various daily consumption products such as food and drinks are imported from Malaysia to meet the needs of the people in Aceh.
Malaysia plays an important role in international trade by exporting superior products such as electronics, palm oil and LNG. On the other hand, Malaysia also imports various commodities to support its economy. In the Dumai and Aceh regions, imports from Malaysia focus on important products such as palm oil, chemicals, electronic components and energy products.
- Living Costs in Abu Dhabi and Daily Expense Estimates - December 13, 2024
- How Much Does It Cost to Live in Sweden? Check Here - December 4, 2024
- Easylink Pesta Rakyat Personal - December 1, 2024