Malaysia’s Top Trading Partners
- China: US$46.3 billion (15.5% of Malaysia’s total exports)
- Singapore: $41.8 billion (14%)
- United States: $34.3 billion (11.5%)
- Hong Kong: $18.5 billion (6.2%)
- Japan: $18.2 billion (6.1%)
- Thailand: $12.6 billion (4.2%)
- Vietnam: $11 billion (3.7%)
- India: $10.9 billion (3.6%)
Correspondingly, Who is Malaysia biggest trading partner? CHINA remains Malaysia’s largest trading partner, with 18.6 per cent of Malaysia’s total global trade in 2020 according to deputy Foreign Affairs Minister Datuk Kamaruddin Jaafar.
Who is Singapore biggest trading partner? Singapore top 5 Export and Import partners
| Market | Trade (US$ Mil) | Partner share(%) |
|---|---|---|
| China | 51,619 | 13.22 |
| Hong Kong, China | 44,377 | 11.37 |
| Malaysia | 41,152 | 10.54 |
| United States | 34,401 | 8.81 |
Furthermore, What Malaysia import the most?
Malaysia’s Top 10 Imports
- Electrical machinery, equipment: US$71.4 billion (30% of total imports)
- Mineral fuels including oil: $29.8 billion (12.5%)
- Machinery including computers: $21.6 billion (9.1%)
- Plastics, plastic articles: $9.6 billion (4%)
- Iron, steel: $7.3 billion (3.1%)
What does Malaysia trade with China?
Malaysia-China In 2020, Malaysia exported $38.7B to China. The main products that Malaysia exported to China are Integrated Circuits ($10.4B), Blank Audio Media ($1.93B), and Refined Petroleum ($1.61B).
What did Malaysia export to China? Malaysia-China In 2020, Malaysia exported $38.7B to China. The main products that Malaysia exported to China are Integrated Circuits ($10.4B), Blank Audio Media ($1.93B), and Refined Petroleum ($1.61B).
Which country is China largest trading partner? List of largest trading partners of China
| Rank | Country / Territory | China exports |
|---|---|---|
| 1 | United States | 429.7 |
| 2 | European Union | 375.1 |
| – | ASEAN | 277.9 |
| 3 | Japan | 137.2 |
Who is Vietnam largest trading partner? Vietnam top 5 Export and Import partners
| Market | Trade (US$ Mil) | Partner share(%) |
|---|---|---|
| United States | 61,404 | 23.21 |
| China | 41,434 | 15.66 |
| Japan | 20,427 | 7.72 |
| Korea, Rep. | 19,729 | 7.46 |
What does Singapore trade with China?
During 2020, Singapore had a large net trade with China in the exports of Machines ($20B), Chemical Products ($5.99B), and Plastics and Rubbers ($4.8B). During 2020, China had a large net trade with Singapore in the exports of Machines ($26.3B), Mineral Products ($5.01B), and Transportation ($4.7B).
What are Malaysia’s top 3 imports? Malaysia’s main imports are: electrical and electronic products (29.4 percent), chemicals (9.5 percent), petroleum products (9.3 percent) and machinery, appliances and parts (8.7 percent).
What does Malaysia import from China?
| Malaysia Imports from China | Value | Year |
|---|---|---|
| Machinery, nuclear reactors, boilers | $6.57B | 2020 |
| Mineral fuels, oils, distillation products | $2.01B | 2020 |
| Plastics | $1.66B | 2020 |
| Miscellaneous chemical products | $1.08B | 2020 |
What does Malaysia import from India?
| Malaysia Imports from India | Value | Year |
|---|---|---|
| Meat and edible meat offal | $399.35M | 2020 |
| Machinery, nuclear reactors, boilers | $217.64M | 2020 |
| Zinc | $196.81M | 2020 |
| Cereals | $165.31M | 2020 |
Who are Indonesia’s trading partners?
Indonesia’s main trading partners are other Asian countries – Japan, China, Singapore and South Korea. The United States is also a significant export market. Indonesia’s most important export commodities are oil and gas, minerals, crude palm oil, electrical appliances and rubber products.
How can I export from Malaysia?
To export or import goods which require a license, traders first must register with the Companies Commission of Malaysia. Once registered, a company must then apply for an import license from the Ministry of International Trade and Industry (MITI).
What does Malaysia import from Singapore?
| Malaysia Imports from Singapore | Value | Year |
|---|---|---|
| Electrical, electronic equipment | $6.37B | 2020 |
| Mineral fuels, oils, distillation products | $4.20B | 2020 |
| Pearls, precious stones, metals, coins | $1.32B | 2020 |
| Machinery, nuclear reactors, boilers | $1.31B | 2020 |
What does Malaysia export to USA?
| Malaysia Exports to United States | Value | Year |
|---|---|---|
| Aluminum | $112.33M | 2020 |
| Mineral fuels, oils, distillation products | $108.82M | 2020 |
| Iron and steel | $91.64M | 2020 |
| Glass and glassware | $89.01M | 2020 |
How does Malaysia make money?
Resources and power. Malaysia is rich in mineral resources, and mining (including petroleum extraction) accounts for a significant portion of GDP, although it employs only a tiny fraction of the workforce. The major metallic ores are tin, bauxite (aluminum), copper, and iron.
What is Malaysia International Trade? The country mainly imports electronic products, machinery, petroleum products, plastics, vehicles, iron and steel products, and chemicals. Malaysia’s main export and import partners are Singapore, China, the US, and Japan. Malaysia has become one of the world’s major trading nations.
Who is Russia’s biggest trade partner?
This is a list of the largest trading partners of Russia based on data from The Observatory of Economic Complexity (OEC).
…
List of the largest trading partners of Russia.
| Rank | Country | Export (2017) |
|---|---|---|
| 1. | China (economy, trading partners) | 39.1 |
| 2. | Netherlands (economy, trading partners) | 27.7 |
| 3. | Germany (economy, trading partners) | 19.9 |
Are China and Russia friends? On the eve of a 2013 state visit to Moscow by Chinese leader Xi Jinping, Russian President Vladimir Putin remarked that the two nations were forging a special relationship. The two countries have enjoyed close relations militarily, economically, and politically, while supporting each other on various global issues.
Who is EU biggest trading partner?
List of the largest trading partners of the European Union
| Rank | Country/district | Exports |
|---|---|---|
| 1 | China | 202.5 |
| 2 | United States | 353 |
| 3 | United Kingdom | 277.5 |
| 4 | Switzerland | 142.4 |
