Malaysia manufactured export data

Malaysia Commodity & Manufactured Export

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Malaysia Commodity & Manufactured Exports Data and Malaysia International Trade Data

Malaysia Balance of Trade Data - Malaysia Exports in Ringgit and US Dollars Terms

Malaysia Leading Manufactured Exports

Malaysian Import Export Customs Documentation Malaysian Import duty and sales tax.

Malaysia Commodity and Manufactured Exports Data

% Share of Total and Manufactured Exports	1980	1985	1990	1995	1998
Rubber	16.5	7.6	3.8	2.2	1.1
Palm Oil	9.0	10.4	5.5	5.6	5.8
Saw-logs and Sawn Timber	13.6	7.2	5.1	3.3	1.5
Crude Oil	23.9	22.9	13.4	3.6	2.6
*LNG	-	-	-	1.7	2.9
Tin	8.9	4.3	1.1	0.3	0.2
Manufactured Goods	21.8	32.0	59.2	80.0	80.5

*LNG was only officially accounted as a separate item of key F.O.B. export items in 1992 *LNG however was first exported in July 1985 to Japan

Sales Tax practiced in Malaysia, is a single stage tax levied on certain imported and locally manufactured goods, either at the time of importation or at the time the goods are sold or otherwise disposed of by the manufacturer.

All goods manufactured in Malaysia, except in "Labuan and Langkawi" (Malaysian coastal island) or imported are taxable unless they are specifically exempted by order of the minister of finance.

The rate of sales tax leviable are as stated in the Sales Tax (Rates of Tax) Order 1977. Sales tax has three rates of duty at 5%, 10%, and 15%. Goods exempted from sales tax are listed in the Sales Tax (Exemption) Order 1980.

Malaysia International Trade Data

	GDP (RM million's)	Exports of goods and services (RM million's)	Imports of goods and services (RM million's)	*Openess of Economy
1985	71,800	42,881	41,109	1.2
1990	115,701	88,354	85,920	1.6
1995	218,671	208,699	217,453	1.9
1996	249,503	229,841	227,286	1.8
1997	275,367	261,227	257,407	1.9
1998	278,724	324,677	262,506	2.1

*Openness Malaysia is a very open economy. The indicator for openness of the economy is measured by the formula (Export Plus Import) / GDP jump from 1.2 in 1985 to 1.6 in 1990 to 1.9 in 1995 and 2.1 in 1998. This signifies the high degree of Malaysia's involvement in International trade.

Malaysia's openness - is reinforced by the leap in ranking in world trade from being 43rd largest export nation in 1980 to 25th in 1990 and to 19th place in 1998

In terms of imports - Malaysia went from its 42nd place in 1980 to 26th in 1990 and 17th in 1997 before dropping back to 22nd place in 1998

Major export - market for Malaysia are in ASEAN region in 1997; Singapore 24%, USA 22%, The European Union 11% and Japan 11% See Info on Malaysia Top 10 Export Countries

Bill of Lading
A document supplied to the exporter by the shipping company that is transporting the goods to their foreign destination, listing, item by item, the goods being shipped. It serves three basic purpose:

1. To acknowledge receipt by the carrier of the exporter's goods.

2. To indicate the carrier's contractual obligation to transport the goods to their destination in exchange for payment.

3. To record transfer of title (or ownership) from the seller to the buyer when payment for the goods takes place. Airlines use what is called an Air Waybill. There are two basic types of bill of lading, the straight bill and the order bill.