At the more granular four-digit HTS code level, Malaysia’s most valuable exported products are electronic integrated circuits plus related parts followed by refined petroleum oil, petroleum gases and palm oil followed by solar power components then computers.
What products does Malaysia produce?
Economy of Malaysia
|Exports||$263 billion (2017 est.)|
|Export goods||Semiconductor & electronic products, palm oil, liquefied natural gas, petroleum, chemicals, machinery, vehicles, optical & scientific equipment, manufactures of metal, rubber, wood and wood products|
What is Malaysia biggest industry?
|Economic Trivia||The oil and gas sector supplies about 35% of government revenue.|
|Top Industries||Rubber and Oil Palm Processing and Manufacturing; Petroleum and Natural Gas; Light Manufacturing; Pharmaceuticals|
Why is Malaysia so rich?
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.
Is Malaysia richer than Korea?
Malaysia has a GDP per capita of $29,100 as of 2017, while in South Korea, the GDP per capita is $39,500 as of 2017.
What is Malaysia’s biggest export?
Malaysia’s main exports are: electrical and electronics products (36 percent), chemicals (7.1 percent), petroleum products (7.0 percent), liquefied natural gas (6 percent), and palm oil (5.1 percent).
Which country does Malaysia trade with the most?
Malaysia top 5 Export and Import partners
|Market||Trade (US$ Mil)||Partner share(%)|
|Hong Kong, China||16,063||6.75|
What two exports was Malaysia dependent on?
A tale of two crises: great depression and the great recession – ARTICLES | Economic History Malaya. Malaya’s economic growth over the first four decades of the 20th century depended crucially on its exports of rubber and tin.
What is Vietnam’s largest export?
Exports The top exports of Vietnam are Broadcasting Equipment ($42.3B), Telephones ($18.2B), Integrated Circuits ($15.5B), Textile Footwear ($10.6B), and Leather Footwear ($6.43B), exporting mostly to United States ($63.7B), China ($40.3B), Japan ($21.2B), South Korea ($20.3B), and Germany ($8.22B).