2016 - doing business with malaysia
TRANSCRIPT
Muhd Shahrulmiza ZakariaTrade Commissioner / Consul, MATRADE New [email protected]
Doing Business With MalaysiaA Presentation to Malaysia-TPP Business Council of America
August 25th 2016
MALAYSIAN TRADE & INVESTMENT CENTER NEW YORK
MALAYSIA EXTERNAL TRADE DEVELOPMENT CORPORATIONNational Trade Promotion Agency for the Malaysia
Vision : Positioning Malaysia As A Globally Competitive Trading NationMission : Promoting Malaysia's Enterprises To The World Developing and fostering business connection between Malaysian enterprises with US companies, as well as facilitate sourcing activities from Malaysia.
MALAYSIA-USA BILATERAL TRADE PERFORMANCE
EXPORTS
Jan-Jun 2016
Jan-Jun 2015
2015
2014
USD10.0 bil
USD8.7 bil
USD7.3 bil
USD6.5 bil
8% ↑15.3% ↑TOTAL TRADE USD17.3 bil
IMPORTS
USD16.5 bil USD13.4 bil
USD14.2 bil 5.6% ↑USD18.9 bil 14.4% ↑
12.1% ↑
10.5% ↑
TOTAL TRADE USD15.2 bil
TOTAL TRADE USD29.9 bil
SOURCE: Department of Statistics, Malaysia. Compiled by MATRADEData calculated against average exchange rate: USD1 = RM3.90
www.matrade.gov.my
TOTAL TRADE USD33.1 bil
MAJOR BENEFITS OF TPP TO MALAYSIAN COMPANIES
MAJOR BENEFITS OF TPP TO US COMPANIES
http://trade.gov/fta/tpp/countries/pdf/malaysia.pdf
• Expanding Malaysia’s exports (to USA)– Import tariff reduction : 36% will jump to 89%– New products & services export to the USA
• Enhancing the competitiveness– One rule for 11 markets
• More opportunities for bilateral JV, business cooperation• Facilitating investment from Malaysia to the US market
About Malaysia
Our Advantages
WHY MALAYSIA?
World Class Manufacturing Facilities
Superior Quality
Price Competitiveness
Global Connectivity
Abundant Resource
s
Logistics Hub
Business Friendlines
s
Economic Stability
MALAYSIAYour Ideal Sourcing Destination
World’s leading producer of rubber gloves.
One of world’s largest producer of palm oil products.
MALAYSIAOur strengths
Major supplier of high quality furniture to USA.
55% of our exports to the USA is Electrical & Electronics products.
Promoting Green Industry, Technology and exports of Green Products.
MALAYSIAOur strengths
Producer of high quality Lifestyle
products – jewelry, fashion & apparel, gifts & premium
items, stationeries.
Pioneer of certification, manufacturing & trading for Halal products & services.
Exporters & suppliers of organic chemical, chemical products, petrochemicals,
pharmaceuticals, medical devices, transport equipment, automotive parts & components.World class service providers on ICT, business processes outsourcing,
engineering & construction services, oil & gas.
Selling to Malaysia
Malaysian consumers love American products.
CONSIDER THE FOLLOWING FACTS:
Malaysia is a liberalized market.
For further details on doing business in Malaysia, please email [email protected].
Malaysia as springboard to ASEAN and West Asian markets.
Growing middle to high income market segments.
Buyers : Importers, Distributors, AgentsSource for Malaysian services
Strategic business partnersManufacturing facilities
Looking for partnership!
CHOOSE MALAYSIA!
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Thank You!