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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

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Malaysia Leading Manufactured Exports

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

Malaysia Leading Manufactured Exports

In RM (Billions) 1997 1998 % chg Jan-Feb 98 Jan-Feb 99 % chg

Electrical machinery, apparatus and appliances and electrical parts

51.3 71.2 +38.6 11.5 11.2 -2.4

Office machines, automatic data processing equip, parts and accessories in Group 751 and 752

31.7 45.7 +44.3 6.4 9.8 +53.4

Telecommunications, sound recording, reproducing equipment and apparatus (including TV and radio)

29.3 35.2 +20.1 5.5 4.4 -21.5

TOTAL

112.3 152.3 +35.4 23.4 25.4 +8.5
 

There are two types of duties leviable on goods imported and only export duty will be leviable on goods to be exported. Import duty will be leviable on the goods imported to Malaysia. The rate of import duty varies according to the type of goods imported.

The rate applicable to each category of goods is indicated to each category of goods is indicated in column (4) of the first schedule to the Customs Duties Order 1996. There are instances where the imported goods may not attract import duty but attract sales tax.

Certificate of Value - Many countries require the exporter to complete and sign a Certificate of Value.

 

 

In US dollar (Billions) 1997 1998 % chg Jan-Feb 98 Jan-Feb99 % chg

Electrical machinery, apparatus and appliances and electrical parts

18.3 18.2 -0.6 2.8 3.0 +5.6

Office machines, automatic data processing equip, parts and accessories in Group 751 and 752

11.3 11.7 +3.4 1.6 2.6 +65.9

Telecommunications, sound recording, reproducing equipment and apparatus (including TV and radio)

10.4 9.0 -13.9 1.3 1.1 -15.1

TOTAL

40.0 38.8 -3.0 5.7 6.7 +17.5

% of total manufactured exports

64.5% 65.9% 66.3% 70.5%

RM/USD exchange rate (average)

2.81 3.92 4.11 3.8

Source:
Malaysian Department of Statistics

In this document Certificate of Value, the exporter states that the invoice contains a true and full statement of the price paid for the goods by the importer and that there is no other arrangement between the exporter and the foreign buyer about the purchase price.

The purpose is to discourage "double invoicing" - whereby the importer presents one invoice for customs duty calculation but in fact pays the exporter a larger sum based on true invoice.
 

 

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