15/02 2021 // International
Malaysia – part of global supply chain
Malaysia is an active trading nation that is among the largest importers and exporters of goods and among the top 30 trading nations of commercial services. There are plenty to choose from Malaysia, with products and services well-known all around the globe for the quality and reliability in meeting world class standards. Malaysia is supplying to more than 200 countries and the country is rated among the top 24 exporting nations in the world. As one of the fastest developing and most vibrant countries in ASEAN region, Malaysia offers numerous advantages as a major trading partner.
In the global supply chain, Malaysian companies have become preferred sourcing partners. Malaysia is ranked as one the leading exporters worldwide for semiconductors, medical disposables and devices, rubber products, processed food, building materials, healthcare, education, outsourcing services, information and communication technology (ICT) and engineering services.
Today, the nation is also exporting Global Business Services across multiple verticals. These include Banking, Financial Services & Insurance, Pharmaceutical & Health, Logistic & Transportation, Energy, Chemical & Resources, Fast Moving Consumer Goods and ICT. Malaysian services sector has grown from strength to strength and has achieved global recognition for several landmark projects. Many Malaysian service providers have developed the expertise, capability and capacity to become suppliers of a range of services, both for the domestic and overseas markets.
With steady economic fundamentals based on pragmatic policies – Malaysia provides an increasingly efficient and highly competitive business environment. Combine that with being one of the most open economies in the world, Malaysia becomes an even more attractive partner for global trade. Malaysia offers an ideal trade environment fueled by open and effective policies formulated to facilitate trade. A wide array of tax incentives, well developed infrastructure, improved public delivery system, productive workforce further contributes to a dynamic and holistic business environment that presents opportunities for sustained growth.
MATRADE continues to put the spotlight on capable Malaysian companies on the global stage – positioning the phrase ‘Made-In-Malaysia’ to be synonymous with excellence, reliability and trustworthiness. MATRADE as the national trade promotion agency, will be your one stop source for your search for Malaysian products and services provider.