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MALAYSIA’S TRADE PERFORMANCE
RAJA BADRULNIZAM TRADE COMMISSIONER MATRADE 28 NOV 2012 ADVISORY
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MALAYSIA EXTERNAL TRADE DEVELOPMENT CORPORATION
Vision Positioning Malaysia as a Globally Competitive Trading Nation Mission Promoting Malaysia’s Enterprises to The World MATRADE’S VISION & MISSION MATRADE’s vision is to position Malaysia as a globally competitive trading nation and its mission is to promote Malaysia’s enterprises to the world MATRADE’S FUNCTIONS To promote, assist and develop Malaysia's external trade with particular emphasis on the export of manufactured and semi-manufactured products and services. To formulate and implement export marketing strategies and trade promotion activities to promote Malaysia's export. To undertake commercial intelligence and market research and create a comprehensive database of information for the improvement and development of Malaysia's trade. To organise training programmes to improve the international marketing skills of Malaysian exporters. To enhance and protect Malaysia's international trade interest abroad. To promote, facilitate and assist in the services areas related to trade.
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MATRADE OVERSEAS NETWORK
London Warsaw Moscow The Hague Frankfurt Kiev Toronto Paris Budapest New York Tashkent Los Angeles Milan Istanbul Beijing Seoul Tokyo Miami Chengdu Osaka Cairo Mexico City Doha Shanghai Mumbai Hong Kong Dubai Guangzhou Taipei Jeddah Hanoi Manila SUMMARY OF MATRADE OFFICES BY REGION North America 4 Latin America Western Europe 5 Eastern Europe 6 Africa 3 Asia 20 West Asia 2 North East Asia 9 ASEAN Australasia 1 South Asia Bangkok Ho Chi Minh City Phnom Penh Chennai Singapore Nairobi Jakarta Sao Paulo Santiago Johannesburg Buenos Aires Sydney 34 Trade Offices 8 Marketing Offices 1 Malaysia Trade Centre (MTC)
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MATRADE FUNCTION AND SERVICES
Export Promotion Exporters Development Policy and Strategy Formulation Trade & Market Information Trade Advisory Services
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eeXe Export Promotion Activities
MALAYSIA EXTERNAL TRADE DEVELOPMENT CORPORATION eeXe Export Promotion Activities Local and Overseas International Trade Exhibitions Trade Missions Promotion Booths Specialised Marketing Missions (SMM) Incoming Buying Missions (IBM) In-store Promotion Participation in Conferences Joint Trade Promotion Special Projects
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Branding Initiatives Malaysia Services Exhibition (MSE) 2012 Doha, Qatar (30 April – 3 May), Beijing, China (11 – 13 May) Chengdu, China (20 – 25 September) 1Malaysia Promotion in Oman 29 – 30 April 2012 INTRADE Malaysia 2012 27 – 29 November, MECC Malaysia International Halal Showcase (MIHAS) 2012 4 – 7 April, KL Convention Centre PROJECT QATAR Efforts put in place in 2011 will be continued to enable Malaysian companies to bid for projects in Qatar in preparation for World Cup 2022 MALAYSIA KITCHEN PROGRAMME (MKP) Under 10th MP, activities planned for MKP will be targeted to identify distributors and importers of processed food as well as major supermarkets and hypermarket chains in the UK, USA, Australia and China following the awareness created for Malaysian cuisines overseas
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MALAYSIA: A NATION THAT TRADES WITH THE WORLD
21st Most Competitive Nation In The World Political (Pro-business Government) & Economic Stability GDP growth 5.1%, per capita income USD9,630 Sound Banking System Young, Skillful & Educated Labor Force Strong Legal System & IP Laws Quality of Life Meeting Global Standards (GMP, HACCP, ISO) Trade facilitation and Infrastructure (ports, roads, railways and airports, ICT, Internet)
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Malaysia’s In World Trade
In 2011, Malaysia was the 25th largest trading nation Malaysia’s Trade in 2011 Exporter Importer Merchandise 25 27 Commercial Services 32 29 Export Import Trade USD226.6 bil USD186.2 bil USD bil ↑8.7% ↑8.6% 14th Year of Trade Surplus
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Malaysia’s In World Trade
In 2011, Malaysia was the world’s largest exporter for 36 products (at HS 6 digit) Electrical and Electronic Products Transistors (USD2.28 bil) Signal generators (USD248.4 mil) Semiconductor media (USD246.3) Optical & Scientific Equipment Products Watch battery powered (USD33.84 mil) Watch cases (USD18.08 mil) Rubber Products Rubber gloves (USD2.88 bil) Surgical gloves (USD351.2 mil)
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Malaysia’s In World Trade
Chemicals and chemical products Industry Fatty Acids (USD1.12 bil) Industry Fatty Alcohol (USD667.9 mil) Stearic acid (USD447.6 mil) Machinery, appliances, parts Extraction machine (USD133.3 mil) Parts of machines (USD99.7mil) Wood Products Plywood (USD1.1 bil) Fiberboard of wood (USD150.2 mil) Flooring panels (USD80.3 mil)
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Malaysia’s In World Trade
Malaysia’s Export Destination Destinations Value (USD Bil) Share % REPUBLIC OF CHINA 29.72 13.1 SINGAPORE 28.63 12.7 JAPAN 26.41 11.5 USA 11.7 8.3 THAILAND 11.6 5.1 ** IRELAND 0.18 0.1
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Malaysia’s In World Trade
Malaysia’s Import Source Sources Value (USD Bil) Share REPUBLIC OF CHINA 24.58 13.2 SINGAPORE 23.93 12.7 JAPAN 21.2 11.5 USA 18.0 8.9 THAILAND 11.19 5.5 ** IRELAND 0.5 0.2
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Malaysia Exports to EU COUNTRIES Netherlands (share of 26.8%)
Germany (share of 25.6%) France (share of 11.2%) United Kingdom (share of 9.9%) Italy (share of 5%) ** Ireland (share of 0.8%) Compiled by : MATRADE Source : DOSM
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Malaysia’s In World Trade
Malaysia’s Bilateral Trade with Ireland (2011) Export (USD Mil) Import (USD Mil) Trade (USD Mil) USD188.6 USD548.55 USD737.15 Major Exports to Ireland Major Imports from Ireland E&E Products (share of 43.6%) E&E Products ( share of 74.0%) Rubber products (7.2%) Chemical & chem products (9.7%) Machinery, appliances (7%) Processed food (4.8%) Wood products (4.3%) Machinery, appliances (4.2%) Manufactures of metal (2.6%) Optical and scientific eq (2.6%)
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The 4 Pillar of National Transformation
1 Malaysia People First, Performance Now Government Transformation Programme (GTP) Effective delivery of government services Economic Transformation Programme (ETP) Premised on the New Economic Model –high income, inclusive and sustainable Specific projects (EPP) 10th National Plan Outlines government’s development plan for next 5 years . 12 NKEAs to drive economic growth
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New Economic Model (NEM)
Three guiding principles to propel Malaysia forward to become a developed status nation in 10 years: HIGH INCOME Per capita income rise from the present US$7,000 to US$15,000; SUSTAINABILITY In economic activities and impact of economic development on the environment and natural resources INCLUSIVENESS No one is left out in contributing to and sharing in the creation of wealth.
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FREE TRADE AGREEMENT FREE TRADE AGREEMENT
Foreign companies based in Malaysia can enjoy preferential market access via Free Trade Agreements concluded by Malaysia: ASEAN AFTA CHINA KOREA JAPAN AUSTRALIA & NEW ZEALAND INDIA BILATERAL PAKISTAN NEW ZEALAND CHILE AUSTRALIA UNDER NEGOTIATION EU TURKEY TPP TPS – OIC ASEAN-INDIA ASEAN-JAPAN 17
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MALAYSIA –GATEWAY TO ASEAN (AFTA)
Implemented in January 2012 Tariff: 0.5% Population of 585 million GDP over USD1.2 trillion Availability of raw materials ASEAN regional FTA with other countries Easier market access to other countries
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Economic Outlook for 2012 According to IMF, the global economic growth in 2012 projected at 3.3% (2011: 3.8%). Malaysia’s economy is projected to sustain a growth of between 4% and 5% in 2012. (Source: BNM Annual Report) Advanced Economies: 1.2% Emerging & Developing Economies: 5.4% GDP growth projections for selected economies China: 8.2% USA: 1.8% India: 7.0% Germany: 0.3% ASEAN 5: 5.2% France: 0.2% Russia: 3.3% Japan: 1.7% Brazil: 3.0% United Kingdom:0.6%
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OPPORTUNITIES IN MALAYSIA
Consumer electrical goods Security Services and Apparatus Healthcare Equipment Biotechnology and agriculture Renewable energy Chemicals and chemical products Oil and Gas Equipment and Technology Automotive parts and components, & transport equipment High technology components and parts Machinery for manufacturing Processed food Industrial electrical parts and machinery
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Malaysia’s Exports Forecast
GROWTH OF MERCHANDISE EXPORTS 5 - 6% GROWTH OF SERVICES EXPORTS 4.9%
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THANK YOU Go raibh maith agat ADVISORY
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