Malaysia Balance of Trade Data
Exports (f.o.b.) RM million's Imports (f.o.b.) RM million's Balance of Trade (RM million's)
1980 28,013 22,775 5,238
1985 37,576 28,693 8,883
1990 77,458 70,365 7,093
1995 179,491 179,394 97
1997 193,127 182,973 10,154
1998 218,701 207,364 11,337
1999 281,258 (forecast) 247,900 (forecast) 33,358 (forecast)

Malaysia Export and Import Ranking Data
Exports Ranking in World Trade Imports Ranking in World Trade
1980 43 42
1985 32 32
1990 25 26
1995 19 17
1996 19 18
1997

1998

 18

19

 17

22

Malaysia Exports in Ringgit and US Dollars Terms
1997 1998 % Change Jan to Feb 98 Jan to Feb 99 % Change
Total manufactured exports - RM (billions)

178.9

 237.6 +32.8% 35.3 36.0 +1.9%
US$ (billions) 63.7 60.8 -4.6% 8.6 9.5 +10.2%
RM (billions) 220.9 286.8 +29.8% 45.0 43.8 -2.7%
US$ (billions) 78.6 73.3 -6.9% 11.0 11.5 +5.2%
RM/US$ exchange rate 2.81 3.92 4.11 3.80
Source: Bank Negara Monthly Statistical Bulletin

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Malaysian Import Export Customs Documentation... Read More
Export duty is leviable on the goods to be exported. Column (5) of the first schedule to the Customs Duties Order 1996 indicates the rate of export duty applicable on a particular type of goods.

The word "nil" in columns (4) and (5) appearing against any class of goods in the first schedule denotes that no import or export duty is applicable to that class of goods.

Payment of customs duties or taxes can be made by cash, cheque or bank draft. Payment by cheque requires prior lodgment of security, normally in the form of a banker's guarantee to ensure the securing of the amount to be drawn.

Payment of customs duties or taxes shall be made at customs office at the place of import or export before the goods are released from customs control..

 

Bill of Lading - To learn the Secrets of International Trade - Click Here
1. A straight bill of lading is a non-negotiable document, made out to a specifically named consignee, from which the steamship company acknowledges receipt of the freight and agrees to move it to its destination. Unlike an order bill, the straight bill does not have to be surrendered to the carrier in order for the importer to obtain possession of the goods.

2. An Order bill of lading is a document that is made out to the order of of the foreign importer or its bank, or the order of the export firm, its bank, or another designated party.

Title to goods being shipped is given by possession of the bill of lading that bears the exporter's endorsement. Often, this endorsement is in blank, thus giving ownership of the goods to the person possessing the bill, and therefore making the bill highly negotiable.

 

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