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VOLUME 521

MINISTRY OF INTERNATIONAL TRADE AND INDUSTRYWeekly

BULLETIN31 January 2019 | NO. ISSN : 2180-0448

Happy Chinese New Year 2019

The Chinese New Year or the Spring Festival (Lunar New Year) that will be celebrated on 5 February 2019 is a celebration of rich traditions, customs of family reunions and filial rituals. The festivity is not only celebrated by the Chinese community, but also joined by many fellow Malaysians taking the opportunity to be united with family and friends. This Year marks the end of the 12-year cycle of the animals of the Chinese zodiac, which signifies an opportune time to review the past and build the energy needed before the new cycle begins next year. In this spirit, I am pleased to welcome new agencies, namely Standards Malaysia, SIRIM, MIMOS, InvestKL and Exim Bank into the larger MITI family, and together we are all committed to review our strategies and strengthen our resolve to address the challenging global economic environment.

In the era where technology and the Internet of Things are the game changers of success, we must all endeavor to adapt and leverage on the new ways of doing business. Malaysia’s resilient economic growth is expected to remain strong as Malaysians redouble our efforts to effect positive change into the future. Together, we need to rejuvenate the services sector and further strengthen the manufacturing sector towards high-value, diverse and complex products. In delivering impact and going forward, MITI and agencies will continue to drive initiatives to uplift industrial competitiveness, undertake trade liberalization reforms and push forth business-driven productivity.

It is believed that the New Year will be propelled by a great sense of diligence, tenacity and commitment, which will bring great success and fortune. Together, let us concentrate and persevere, set our goals on nation building and devote our energies to make Malaysia the preferred destination for trade, industry and investment.

Happy Chinese New Year 2019. May all your endeavors bring good fortune.

Gong Xi Fa Cai! Xin Nian Kuai Le!

To a prosperous and wealthy Malaysia!


MITI Weekly Bulletin | www.miti.gov.my

Trade Performance 2018M

edia

Rel

ease

significant growth to Viet Nam, Thailand, Singapore, the Philippines and Cambodia;

• Increased exports to almost all major Free Trade Agreement (FTA) partners;

• Strong export growth to advanced countries, in particular, the US and the EU notably Germany, Spain and Italy; and

• Growing exports to emerging markets such as Bangladesh, Peru, Qatar, Sri Lanka, Papua New Guinea and countries in Africa principally, South Africa, Tunisia and Djibouti.

Trade Performance with Major Markets

ASEAN Led the Way for Export Growth

ASEAN remained as an important and strategic trading partner for Malaysia, accounting for 27.1% of Malaysia’s total trade in 2018, valued at RM509.2 billion with an increase of 4.7% from 2017. Exports to ASEAN grew by 5% to RM285.3 billion, contributing 28.6% to Malaysia’s total exports. The expansion was supported by greater exports to Viet Nam, Thailand, Singapore, the Philippines and Cambodia that accounted for 87.1% of Malaysia’s exports to this region. Major contributors to the increase were E&E products, crude petroleum, manufactures of metal, chemicals and chemical products, transport equipment as well as iron and steel products which collectively increased by RM17.23 billion.

Singapore remained the largest export market in ASEAN with a share of 48.8% of total exports to ASEAN. Exports to Singapore increased by 2.6% to RM139.12 billion due to higher exports of E&E products and petroleum related products namely, crude petroleum and petroleum products.

Exports to Thailand rose by 12.4% to RM56.77 billion, underpinned by higher exports of manufactured goods primarily E&E products, transport equipment, petroleum products, manufactures of metal as well as chemicals and chemical products.

Largest Trade Surplus since 2012 as Exports reached almost RM1 trillion in 2018 Supported by stronger than expected export growth, Malaysia’s total trade in 2018 remained resilient, expanding by 5.9% to RM1.876 trillion, compared with RM1.771 trillion in 2017.

Despite the uncertainties in the global environment, exports rose by 6.7% to reach a value of RM998.01 billion, surpassing the forecast export growth of 4.4% in the Economic Outlook 2019. Imports increased by 4.9% to RM877.74 billion.

Malaysia’s trade surplus widened by 22.1% to RM120.27 billion, registering the fastest rate in 10 years and the largest trade surplus since 2012. This was the 21st consecutive year of trade surplus since 1998.

This achievement was contributed by higher trade with Hong Kong SAR, which expanded by 45.2% or RM27.91 billion, China (↑8.1% or RM23.4 billion), ASEAN (↑4.7% or RM22.91 billion), Taiwan (↑22.1% or RM17.37 billion), the European Union (EU) (↑4.8% or RM8.45 billion), Saudi Arabia (↑45.2% or RM6.75 billion), Republic of Korea (ROK) (↑7.2% or RM4.89 billion), Australia (↑4.8% or RM2.52 billion), Bangladesh (↑27.3% or RM2.05 billion) and the United States (US) (↑1.1% or RM1.72 billion).

Major highlights on exports in 2018:• Average monthly exports was valued at

RM83 billion;• Expansion of manufactured and mining

exports by 9.1% and 7.1%, respectively, compensating for the lower performance of agriculture goods;

• Continued growth for electrical and electronics (E&E) exports driven by wider application of semiconductors in technology advancement;

• Double-digit year on year (y-o-y) growth for crude petroleum exports except for January and February, supported by higher crude oil prices;

• Rising exports to ASEAN by 5% with



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seIn 2018, Viet Nam has superseded Indonesia as the 3rd largest export destination in ASEAN. Viet Nam registered strong export growth of 24% to reach RM34.21 billion, owing mainly to higher exports of petroleum products, E&E products, manufactures of metal as well as chemicals and chemical products. This was the 4th consecutive year of double-digit export growth to Viet Nam.

Exports to Indonesia stood at RM31.75 billion, a decrease of 5.6% attributed to lower exports of petroleum products by RM3.5 billion. However, exports of iron and steel products, crude petroleum, transport equipment as well as chemicals and chemical products registered increases.

Exports to the Philippines grew by 2% to RM16.85 billion, benefitting from higher exports of crude petroleum, E&E products, chemicals and chemical products, transport equipment as well as petroleum products.

Imports from ASEAN rose by 4.3% to RM223.9 billion. Main imports were E&E products, petroleum products as well as chemicals and chemical products. China – Malaysia’s Largest Trading Partner for 10 Successive Years China continued to be Malaysia’s largest trading partner for 10 consecutive years since 2009. In 2018, Malaysia’s trade with China rose by 8.1% to RM313.81 billion and constituted 16.7% of Malaysia’s total trade.

Exports to China expanded by 10.3% to RM138.88 billion, on account of higher exports of chemicals and chemical products, E&E products, liquefied natural gas (LNG), manufactures of metal, optical and scientific equipment, transport equipment and processed food. China remained as Malaysia’s largest import source, accounting for 19.9% share of total imports in 2018. Imports from China increased by 6.4% to RM174.93 billion, aided by higher imports of E&E products, manufactures of metal, chemicals and chemical products as well as transport equipment.

Exports to the EU – Almost All Major Markets Recorded Increases Trade with the EU in 2018 amounted to RM183.37 billion or 9.8% share of Malaysia’s trade, a growth of 4.8% compared to 2017. Malaysia’s exports to the EU were higher by 3.5%, reaching RM98.6 billion. Among the top 10 EU markets which accounted for 90.7% of Malaysia’s total exports to the EU, 7 countries recorded expansion namely, Germany which increased by 5.7%, Spain (↑46.6%), Italy (↑27%), France (↑7.9%), Czech Republic (↑32.1%), Hungary (↑17.8%) and Poland (↑8.1%). Germany surpassed the Netherlands as the largest export destination in this region in 2018.

Increased exports to the EU were driven mainly by manufactured goods which accounted for 90.8% of Malaysia’s total exports to the region. Exports of this sector rose by 5.5% to RM89.53 billion buoyed mainly by manufactures of metal

which increased by 148.7% or RM3.27 billion. Other drivers of exports were chemicals and chemical products, rubber products, iron and steel products, machinery, equipment and parts, transport equipment as well as petroleum products. Imports from the EU expanded by 6.5% to RM84.77 billion and the main imports were E&E products, transport equipment as well as machinery, equipment and parts.

Exports to the US Reached the Highest Value in 11 years Trade with the US recorded a growth of 1.1% to RM155.68 billion, constituting 8.3% of Malaysia’s total trade in 2018. Exports to the US rose by 2.3% to RM90.73 billion, registering the highest value since 2008. The expansion was led mainly by manufactured goods which increased by 3.1% to RM87.4 billion and accounted for 96.3% of Malaysia’s total exports to the country. This was supported by higher exports of optical and scientific equipment, transport equipment, manufactures of metal, machinery, equipment and parts, rubber products as well as chemicals and chemical products that cushioned the contraction in exports of E&E products. Exports of E&E products decreased by 3.9% or RM1.9 billion, the first decline since 2014. This product accounted for 52.1% of Malaysia’s exports to the US.Imports from the US decreased slightly by 0.5% to RM64.94 billion and the main imports were E&E products, machinery, equipment and parts as well as chemicals and chemical products.

Japan Remained the 4th Largest Trading Partner with Trade exceeding RM100 billion Trade with Japan totalled RM132.57 billion, sustaining an annual value above RM100 billion for over a decade and remained as Malaysia’s 4th largest trading partner since 2015 despite a decline of 4.8% in 2018. Trade with Japan accounted for 7.1 % of Malaysia’s total trade. Exports contracted by 8.6% to RM69.06 billion, on account of lower exports of LNG and E&E products which decreased by 18.4% and 11.5%, respectively. These two products contributed 56.8% to Malaysia’s total exports to Japan. Major products that registered significant increases in exports were chemicals and chemical products, iron and steel products, manufactures of metal, petroleum products, wood products, manufactures of plastics as well as rubber products. Imports from Japan decreased slightly by 0.2% to RM63.51 billion in 2018. Major imports were E&E products, machinery, equipment and parts as well as transport equipment.

Resilient Exports to FTA Markets

In 2018, trade with FTA partners increased by 4.1% to RM1.171 trillion and accounted for 62.4% of Malaysia’s total trade. Exports to



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seFTA partners grew by 4.4% to RM615.33 billion, representing 61.7% of Malaysia’s total exports. Imports grew by 3.8% to RM555.73 billion.

Exports to the ROK surged by 17.8% to RM33.68 billion, attributed mainly to higher exports of E&E products, Australia (↑3.2% to RM33.41 billion, crude petroleum), New Zealand (↑6% to RM4.78 billion, crude petroleum), Cambodia (↑23.7% to RM1.54 billion, petroleum products) and Chile (↑13.6% to RM811.4 million, chemicals and chemical products). Increases in exports were also recorded to India, which grew by 5.1% to RM36.29 billion mainly due to higher exports of crude petroleum and manufactures of metal.

Exports to Pakistan were up by 2.1% to RM5.15 billion, spurred by higher exports of petroleum products. These two countries accounted for 76.7% share of Malaysia’s total exports to South Asia.

Promising Emerging Markets

In 2018, other promising markets with significant growth in exports were Bangladesh, South Africa, Sri Lanka, Papua New Guinea, Peru, Qatar, Tunisia and Djibouti. Exports to Bangladesh increased by 29.5% to RM8.48 billion, South Africa (↑13.2% to RM3.77 billion), Sri Lanka (↑16.4% to RM2.89 billion) and Papua New Guinea (↑27.8% to RM1.85 billion), led by higher exports of petroleum products.

Other markets registered expansion in exports were Peru which grew by 50% to RM757.7 million due mainly to palm oil-based manufactured products, Qatar (↑29.8% to RM989.6 million, machinery, equipment and parts), Tunisia (↑108.4% to RM418.6 million, E&E products) and Djibouti (↑33.2% to RM826.1 million, palm oil and palm oil-based agriculture products).

Performance of Major Sectors

Manufactured and Mining Goods Propelled Export Growth In 2018, exports of manufactured goods grew by 9.1% or RM69.62 billion to RM835.48 billion. Manufactured exports accounted for a larger share of total exports at 83.7% compared to 81.9% in 2017.

E&E products held the biggest share of Malaysia’s exports composition in 2018, at 38.2% or RM380.81 billion, rising by 11% or RM37.74 billion. Increase in exports of E&E products over RM1 billion were registered for, among others:

• Electronic integrated circuits, increased by RM44.47 billion to RM172.63 billion;

• Batteries and electric accumulators, ↑RM2.24 billion to RM4.59 billion;

• Microphones, loudspeakers, headphones, earphones, amplifier sets, and parts, ↑RM2 billion to RM6.45 billion;

• Other units of computers and data processing equipment, ↑RM1.42 billion to RM16.52 billion; and

• Computers, ↑RM1.1 billion to RM6.9 billion.

Markets which registered significant increase in xports of E&E products were Hong Kong SAR, Taiwan, China, Thailand, the ROK, Singapore and Viet Nam.

Other manufactured products that contributed to the growth in exports for 2018 were:

• Chemicals and chemical products, ↑22.5% to RM57.72 billion;

• Manufactures of metal, ↑17.8% to RM44.67 billion;

• Petroleum products, ↑6.4% to RM76.39 billion;

• Optical and scientific equipment, ↑12.1% to RM36.33 billion;

• Transport equipment, ↑15.5% to RM18.02 billion;

• Iron and steel products, ↑19.1% to RM14.97 billion;

• Non-metallic mineral products, ↑21% to RM7.26 billion;

• Machinery, equipment and parts, ↑1.2% to RM40.63 billion;

• Paper and pulp products, ↑5.6% to RM4.95 billion;

• Rubber products, ↑0.4% to RM26.41 billion; and

• Manufactures of plastics, ↑0.2% to RM14.53 billion.

Mining Goods

Exports of mining goods rose by 7.1% to RM87.62 billion. This sector made up 8.8% share of total exports in 2018. Exports of crude petroleum increased by 29.4% to RM36.57 billion due to higher Average Unit Value (AUV) and volume. However, exports of LNG contracted by 3.1% to RM40.14 billion.

Agriculture Goods

Agriculture goods contracted by 14.2% to RM67.01 billion, accounted for 6.7% of total exports in 2018. Exports of palm oil and palm oil-based agriculture products declined by 17.3% to RM44.7 billion, mainly due to lower exports of palm oil on account of lower AUV in tandem with lower global prices despite higher export volume.

Intermediate and Capital Goods Accounted for 65.2% of Imports

In 2018, Malaysia’s total imports increased by 4.9% to RM877.74 billion. The three main categories of imports by end use which accounted for 73.5% of total imports in 2018 were:



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se• Intermediate goods valued at RM460.32

billion or 52.4% of total imports, decreased by 3.9% from 2017, following lower imports of parts and accessories of capital goods (except transport equipment), particularly electrical machinery, equipment and parts;

• Capital goods (RM111.81 billion or 12.7% of total imports), ↓3.2%, due mainly to lower imports of capital goods (except transport equipment), particularly parts of machinery and mechanical appliances; and

• Consumption goods (RM72.78 billion or 8.3% of total imports), ↑2.5%, as a result of higher imports of non-durables mainly for pharmaceutical products.

Imports of manufactured goods, accounted for 87% of Malaysia’s total imports. Major imports of manufactured goods in 2018 were:

• E&E products, valued at RM261.65 billion, accounted for 29.8% share of Malaysia’s total imports, increased by 3.4% from 2017;

• Petroleum products, RM86.2 billion, 9.8% share, ↑14.4%;

• Chemicals and chemical products, RM82.73 billion, 9.4% share, ↑11%;

• Machinery, equipment and parts, RM73.62 billion, 8.4% share, ↓6.3%; and

• Manufactures of metal, RM46.11 billion, 5.3% share, ↑5.6%.

China remained the largest import source since 2011, followed by Singapore, the US, Taiwan and Japan. These countries represented 53.4% of total imports. Imports from ASEAN amounted to RM223.9 billion or 25.5% share of Malaysia’s total imports while the EU accounted for 9.7% share, with a value of RM84.77 billion.

TRADE PERFORMANCE FOR FOURTH QUARTER 2018

Q4 2018 - Trade Rose 6.9% Backed by Strong Exports

Total trade for the fourth quarter (Q4) of 2018 expanded by 6.9% to RM494.41 billion compared with Q4 2017. Exports increased by 8% to RM264.5 billion and imports rose 5.7% to RM229.91 billion. This resulted in a trade surplus of RM34.58 billion. Compared to the third quarter (Q3) 2018, trade, exports and imports increased by 3.7%, 5.4% and 1.8%, respectively.

TRADE PERFORMANCE FOR DECEMBER 2018

December Exports Up by 4.8% y-o-y to RM83.27 billion

Malaysia’s total trade in December 2018 recorded a growth of 3% to RM156.12 billion compared with

a year ago. Significant increases in trade were recorded with ASEAN, the US, Hong Kong SAR, Taiwan, China, Australia, India, Pakistan and the ROK.

A higher trade surplus of RM10.43 billion was registered in December, making it the 254th consecutive month of trade surplus since November 1997. Exports expanded by 4.8% y-o-y to RM83.27 billion. Manufactured goods accounted for 83.6% of total exports, mining goods, 9.9% and agriculture goods, 5.7%. Major export products were:

• E&E products valued at RM32.81 billion, with a share of 39.4% of total exports, increased by 14.2% from December 2017;

• Chemicals and chemical products (RM5.35 billion, 6.4%, ↑36.6%);

• Petroleum products (RM5 billion, 6%, ↓18.4%);

• LNG (RM4.12 billion, 4.9%, ↓2.7%); and

• Machinery, equipment and parts (RM3.37 billion, 4.1%, ↑7.6%).

Imports in December 2018 increased by 1% to RM72.84 billion compared with December 2017. Imports rose on the back of higher uptake of intermediate and consumption goods. The three main categories of imports by end use were:

• Intermediate goods valued at RM39.55 billion or 54.3% of total imports, increased by 3.1%;

• Capital goods (RM9.46 billion or 13% of total imports, ↓21.7%); and

• Consumption goods (RM6.58 billion or 9% of total imports, ↑5.7%).

Major import products were:• E&E products, RM21.95 billion or

30.1% of total imports, increased by 2.4%;

• Chemicals and chemical products (RM6.94 billion or 9.5% of total imports, ↑12.1%); and

• Petroleum products (RM6.3 billion or 8.6% of total imports, ↑9.7%);

On a month-on-month (m-o-m) basis, total trade, exports and imports were lower by 3.6%, 1.9% and 5.4%, respectively.

Ministry of International Trade & Industry30 January 2019



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seTrade Performance for 2018Industry 4wrd Readiness Assessment Programme

The Industry4WRD Readiness Assessment Seminar for SMEs was organised today at MITI Tower to mark the rolling out of Industry4WRD Readiness Assessment (RA), a programme under Industry4WRD Policy to assess the readiness of the manufacturing and manufacturing-related services industry in adopting Industry 4.0.

The Seminar was held with the objectives to familiarise SMEs with Industry4WRD Policy and Readiness Assessment Programme, and to facilitate SMEs to enroll in the programme. A total of 200 participants representing 100 SMEs in the manufacturing sector participated in the half-day seminar.

Industry4WRD RA is a comprehensive programme to help companies assess their capabilities and readiness to adopt Industry 4.0 technologies and processes, by using a pre-determined set of indicators to understand their present capabilities and gaps. Companies will be assessed based on the three shift factors crucial to Industry 4.0 namely people, process and technology.

Companies which have undergone Industry4WRD RA programme will receive a report detailing their readiness and recommendations to migrate to Industry 4.0. With the report, the companies can apply for various incentives such as Intervention Fund,

Domestic Investment Strategic Fund and High Impact Fund to facilitate their Industry 4.0 migration plan.

With a budget of RM15 million allocated under Budget 2019, the Government will support 500 SMEs from the manufacturing and manufacturing-related services sectors to undertake the Industry4WRD RA. Other companies are eligible to claim for tax deduction on expenditure of Industry4WRD RA fees of up to RM27,000.

The RA is currently available for manufacturers while assessment on manufacturingrelated services companies will commence in the second quarter of 2019. Interested companies can now apply online at http://www.miti.gov.my/industry4wrd.

To increase awareness of the Industry4WRD Policy and RA, MITI will continue to organise outreach programmes. The next outreach seminar will be held in collaboration with the Economic Planning Unit, Perak, MIDA, Invest Perak and the Federation of Malaysian Manufacturers (FMM) on 21 February 2019 in Perak.

Ministry of International Trade & Industry28 January 2019



Mal

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atis

tics

Source: Department of Statistics, Malaysia

Malaysia's trade remained steady in 2018, growing by 5.9% to RM1.88 trillion,

exports posted a growth of 6.7% while imports were up by 4.9%. To

tal T

rade

RM1.88 tril.5.9%

Trad

e B

alan

ce

RM120.3 bil.22.1%

Exports6.7%, RM998.0 bil.

Imports4.9%, RM877.7 bil.

Major Exports Major ImportsE&E Products

3.4%RM261.6 bil.29.8%share

E&E Products

11.0%RM380.8 bil.38.2%share

Petroleum Products

14.4%RM86.2 bil.9.8%share

Petroleum Products


Chemicals & Chemical Products


Chemicals & Chemical Products

11.0%RM82.7 bil.9.4%shareImports

Exports

RM998.0 bil.

RM877.7bil.

Manufacture of Metals

17.8%RM44.7 bil.

4.5%share

Palm Oil & Palm Oil Based Agriculture Products


Machinery, Equipment & Parts


Manufactures of Metal


Trade Performance 2018

Note: Percentage refers to y-o-y growth



Mal

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atis

tics


Major Export Destinations 2018M

alay

sia

Stat

isti

csLargest export destinations are to Singapore

13.9%

P.R.China13.9%

USA9.1%

Hong Kong SAR7.5%

Japan6.9%

Thailand5.7%

India3.6%

Viet Nam3.4%

R.O.Korea3.4%

Australia3.3%

Others29.3%

Total ExportsRM998.0 bil.

Biggest import sources are from P.R. China19.9%

Singapore11.7%

USA7.4%

Chinese Taipei7.2%

Japan7.2%

Thailand5.5%

Indonesia4.6%

R.O.Korea4.4%

India3.0%

Germany3.0%

Others26.1%

Total ImportsRM877.7 bil.

Major Import Sources 2018Note: Percentage refers to y-o-y growth



Inte

rnat

iona

l St

atis

tics

Canada Economic Indicators 201736.7 millionP o p u l a t i o n

1.2% annualG r o w t h r a t e

2 . 0 % Employment in Agriculture

19.6% Employment in Industry

78.4% Employment in Services

U S$1.8 t r i l l ionGDP at constant prices

3.0% annualG r o w t h r a t e

US$24.2 b i l l i o n

F D I F l o w InwardF D I F l o w Outward

US$77.0 b i l l i o n

US$1.1 t r i l l i o n

F D I Stock InwardF D I S t o c k Outward

US$1.5 t r i l l i o n

US$105.2 b i l l i o nCommercialS e r v i c e sI m p o r t s

US$85.7 b i l l i o nCommercialS e r v i c e sE x p o r t s

US$0.4 t r i l l i o nMerchandiseG o o d sI m p o r t s

US$0.4 t r i l l i o nMerchandiseG o o d sE x p o r t s

Malaysia's Trade with Canada 2008 - 2018


Source: www.statistics.apec.org

and YOU...

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RM bi

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Exports Imports Total Trade


MITI Weekly Bulletin | www.miti.gov.myMITI Weekly Bulletin | www.miti.gov.my

Inte

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Sta

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Notes : - % Share in Malaysia’s export - *Refers to HS 271091

Source: http://www.trademap.org/Index.aspx

Malaysia’s Export Destinations

98%IndonesiaUS$11.8m

2%ThailandUS$0.2m

M a l a y s i a w a s t h e l a r g e s t e x p o r t e r o f W a s t e o i l s c o n t a i n i n g p o l y c h l o r i n a t e d b i p h e n y l s [ P C B s ] ,

p o l y c h l o r i n a t e d t e r p h e n y l s [ P C Ts ] * i n 2 0 1 7

59.0%Malaysia

US$12.1m

29.8%Ireland

US$6.1m

3.7%UK

US$0.8m

3.3%Sweden

US$0.7m

2.1%USA

US$0.4m

Note: % Share in world's export



ThailandUS$0.2m

Number and Value of Preferential Certificates of Origin (PCOs)

Note: *Provisional Data Source: Ministry of International Trade and Industry, Malaysia

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Note: The preference giving countries under the GSP scheme are Liechtenstein, the Russian Federation, Japan, Switzerland, Belarus, Kazakhstan and Norway.

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3,000

3,500

4 N

ov

11 N

ov

18 N

ov

25 N

ov

2 D

ec

9 D

ec

16 D

ec

23 D

ec

30 D

ec

6 Ja

n

13 J

an

20 J

an

No. o

f Cer

tific

ate

of O

rigin

RM m

il.

ASEAN-India Free Trade Agreement (AIFTA)


0

200

400

600

800

1,000

1,200

1,400

1,600

0

50

100

150

200

250

300

350

400

450

500

4 N

ov

11 N

ov

18 N

ov

25 N

ov

2 D

ec

9 D

ec

16 D

ec

23 D

ec

30 D

ec

6 Ja

n

13 J

an

20 J

an

No.

of C

ertif

icat

e of

Orig

in

RM m

il.

ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA)




Number and Value of Preferential Certificates of Origin (PCOs)

Note: *Provisional Data Source: Ministry of International Trade and Industry, Malaysia

0

200

400

600

800

1,000

1,200

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

18,0004

No

v

11 N

ov

18 N

ov

25 N

ov

2 D

ec

9 D

ec

16 D

ec

23 D

ec

30 D

ec

6 Ja

n

13 J

an

20 J

an

No.

of C

ertif

icat

e of

Orig

in

RM m

il.

Malaysia-Japan Economic Partnership Agreement (MJEPA)


0

50

100

150

200

250

0

20

40

60

80

100

120

4 N

ov

11 N

ov

18 N

ov

25 N

ov

2 D

ec

9 D

ec

16 D

ec

23 D

ec

30 D

ec

6 Ja

n

13 J

an

20 J

an

No. o

f Cer

tific

ate

of O

rigin

RM m

il.

Malaysia-Pakistan Closer Economic Partnership Agreement (MPCEPA)


0

2

4

6

8

10

12

14

0.00

0.10

0.20

0.30

0.40

0.50

0.60

4 N

ov

11 N

ov

18 N

ov

25 N

ov

2 D

ec

9 D

ec

16 D

ec

23 D

ec

30 D

ec

6 Ja

n

13 J

an

20 J

an

No.

of C

ertif

icat

e of

Orig

in

RM m

il.

Malaysia-New Zealand Free Trade Agreement (MNZFTA)


0

20

40

60

80

100

120

0

200

400

600

800

1,000

1,200

1,400

1,600

4 N

ov

11 N

ov

18 N

ov

25 N

ov

2 D

ec

9 D

ec

16 D

ec

23 D

ec

30 D

ec

6 Ja

n

13 J

an

20 J

an

No. o

f Cer

tific

ate

of O

rigin

RM m

il.

Malaysia-Chile Free Trade Agreement (MCFTA)


0

50

100

150

200

250

300

350

400

450

0

20

40

60

80

100

120

140

4 N

ov

11 N

ov

18 N

ov

25 N

ov

2 D

ec

9 D

ec

16 D

ec

23 D

ec

30 D

ec

6 Ja

n

13 J

an

20 J

an

No.

of C

ertif

icat

e of

Orig

in

RM m

il.

Malaysia-India Comprehensive Economic Cooperation Agreement (MICECA)


0

50

100

150

200

250

300

350

400

450

500

0

20

40

60

80

100

120

140

160

4 N

ov

11 N

ov

18 N

ov

25 N

ov

2 D

ec

9 D

ec

16 D

ec

23 D

ec

30 D

ec

6 Ja

n

13 J

an

20 J

an

No. o

f Cer

tific

ate

of O

rigin

RM m

il.

Malaysia-Australia Free Trade Agreement (MAFTA)


0

50

100

150

200

250

300

0

50

100

150

200

250

300

4 N

ov

11 N

ov

18 N

ov

25 N

ov

2 D

ec

9 D

ec

16 D

ec

23 D

ec

30 D

ec

6 Ja

n

13 J

an

20 J

an

No.

of C

ertif

icat

e of

Orig

in

RM m

il.

Malaysia-Turkey Free Trade Agreement (MTFTA)




Source : Bank Negara Malaysia

Malaysian Ringgit Exchange Rate with Selected Countries,January 2017 - December 2018

US Dollar

Canadian Dollar

New Zealand Dollar

Swiss Franc

Saudi Riyal

Myanmar Kyat

4.4596

3.8862

4.1729

3.50

3.60

3.70

3.80

3.90

4.00

4.10

4.20

4.30

4.40

4.50

4.60

Jan

Feb

Ma

rA

prM

ay

Jun Jul

Aug Se

pO

ctN

ovD

ec Jan

Feb

Ma

rA

prM

ay

Jun Jul

Aug Se

pO

ctN

ovD

ec

2017 2018

RM

USD 1 = RM

3.3755

3.4288

3.0211

3.1084

2.80

2.90

3.00

3.10

3.20

3.30

3.40

3.50

Jan

Feb

Ma

rA

prM

ay

Jun Jul

Aug Se

pO

ctN

ovD

ec Jan

Feb

Ma

rA

prM

ay

Jun Jul

Aug Se

pO

ctN

ovD

ec

2017 2018

RM

CAD 1 = RM

3.1735

3.2126

2.7162

2.8479

2.70

2.80

2.90

3.00

3.10

3.20

3.30

Jan

Feb

Ma

rA

prM

ay

Jun Jul

Aug Se

pO

ctN

ovD

ec Jan

Feb

Ma

rA

prM

ay

Jun Jul

Aug Se

pO

ctN

ovD

ec

2017 2018

RM

NZD 1 = RM

4.42094.4697

3.9775

4.2054

3.70

3.80

3.90

4.00

4.10

4.20

4.30

4.40

4.50

4.60

Jan

Feb

Ma

rA

prM

ay

Jun Jul

Aug Se

pO

ctN

ovD

ec Jan

Feb

Ma

rA

prM

ay

Jun Jul

Aug Se

pO

ctN

ovD

ec

2017 2018RM

CHF 1 = RM

118.9006

103.6265

111.2224

95.0

100.0

105.0

110.0

115.0

120.0

125.0

Jan

Feb

Ma

rA

prM

ay

Jun Jul

Aug Se

pO

ctN

ovD

ec Jan

Feb

Ma

rA

prM

ay

Jun Jul

Aug Se

pO

ctN

ovD

ec2017 2018

RM

SAR 100 = RM

0.3296

0.26280.2674

0.250

0.260

0.270

0.280

0.290

0.300

0.310

0.320

0.330

0.340

Jan

Feb

Ma

rA

prM

ay

Jun Jul

Aug Se

pO

ctN

ovD

ec Jan

Feb

Ma

rA

prM

ay

Jun Jul

Aug Se

pO

ctN

ovD

ec

2017 2018

RM

MMK 100 = RM



Commodity Prices

Sources: Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Iron and Steel Industry Federation, and Bloomberg.

Notes: All figures have been rounded to the nearest decimal point * Refer to % change from the previous week’s price i Average price in the year except otherwise indicated

9.1%*US$300.0

(high)

25 Jan 2019

6.5%*US$290.0

(low)

CRUDE PETROLEUM (BRENT) -per bbl-

1.7%*US$61.6

25 Jan 2019

CRUDE PALM OIL -per MT-

0.3%*US$532.0

25 Jan 2019

RUBBER SMR 20 -per MT-

0.1%*US$1,341.0

COCOA SMC 2 -per MT-

2.4%* US$1,523.2

COAL -per MT-

0.3%*US$76.6

SUGAR -per lbs-

4.5%*US¢12.4

SCRAP IRON HMS -per MT-

5 Oct 2018 : US$84.2

Highest2018/2019

18 Jan 2019 : US$62.7

4 Jan 2019 : US$57.1 28 Dec 2018 : US$52.2

Lowest2018/2019

9 Mar 2018 : US$691.5

Highest2018/2019

25 Jan 2019 : US$532.0

4 Jan 2019 : US$503.8 23 Nov 2018 : US$448.5

Lowest2018/2019

Average Price 2018 i : US$71.5 Average Price 2018 i : US$600.1

Average Price 2018 i : US$1,371.0 Average Price 2018 i : US$1,535.6 Average Price 2018 i : US¢12.3

Average Price 2018 i : US$380.7 (high)Average Price 2018 i : US$359.6 (low)Average Price 2018

i : US$66.9

Domestic Prices25 January 2019

Steel Bars(per MT)

RM2,000– RM2,150

Billets(per MT)

RM1,850 - RM1,900

25 Jan 2019 25 Jan 2019 25 Jan 2019

25 Jan 2019



Commodity Prices Trends

Sources: Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Pepper Board, Bloomberg and Czarnikow Group, World Bank, World Gold Council, The Wall Street Journal.

1,543.6

1,455.2

1,406.1

1,420.7

1,369.5

1,518.6

1,537.3

1,594.1 1,600.4

1,580.8

1,561.0

1,523.2

1,300

1,350

1,400

1,450

1,500

1,550

1,600

1,650

9 Nov 16 Nov 23 Nov 30 Nov 7 Dec 14 Dec 21 Dec 28 Dec 4 Jan 11 Jan 18 Jan 25 Jan

US$

/mt

Cocoa

1,871

1,974

2,005

2,106

2,250

2,240

2,241

2,2532,262

2,2862,275

2,264

1,700.0

1,800.0

1,900.0

2,000.0

2,100.0

2,200.0

2,300.0

2,400.0

9 Nov 16 Nov 23 Nov 30 Nov 7 Dec 14 Dec 21 Dec 28 Dec 4 Jan 11 Jan 18Jan 25 Jan

US$

/mt

Pepper

1,252.0

1,236.5

1,217.5

1,236.0

1,252.0

1,249.5

1,289.0

1,281.5

1,369.5

1,379.5

1,343.0

1,341.0

1,200

1,220

1,240

1,260

1,280

1,300

1,320

1,340

1,360

1,380

1,400


US$

/mt

Rubber SMR 20

60.2

56.5

50.4 50.952.6

51.2

45.6 45.3

48.0

51.6

53.8 53.7

70.2

66.8

58.8 58.7

61.760.3

53.852.2

57.1

60.5

62.7

61.6

40

45

50

55

60

65

70

75


US$

/bbl

Crude Petroleum Crude Petroleum (WTI)/bbl Crude Petroleum (Brent)/bbl

507.5

484.0

448.5

461.0 468.0

475.0480.5

503.5 503.8

524.0

530.5532.0

440

450

460

470

480

490

500

510

520

530

540


US$

/mt

Crude Palm Oil

12.712.7

12.5

12.8 12.9

12.7

12.3

12.4

11.9

12.8

13.0

12.4

11.5

11.7

11.9

12.1

12.3

12.5

12.7

12.9

13.1

13.3


US¢

/lbs

Sugar



Commodity Prices Trends

Sources: Ministry of International Trade and Industry Malaysia, , Malaysian Iron and Steel Industry Federation, Bloomberg and Czarnikow Group, World Bank, World Gold Council, The Wall Street Journal.

14.1

14.4

14.414.2

14.7

14.6

14.7

15.4

15.8

15.7

15.4

15.7

14.0

14.2

14.4

14.6

14.8

15.0

15.2

15.4

15.6

15.8

16.0


US$

/oz

Silver

39.0

39.3 39.3

39.1

40.0

39.7

40.5

41.1 41.1

41.4 41.3

41.3

38.0

38.5

39.0

39.5

40.0

40.5

41.0

41.5

42.0


US$

/oz

Gold

1,79

1 1,8

61

1,90

1 1,

921

1,91

3 1,

885

1,90

3 2,

030 2

,096

2,

131

2,09

7 2,

080

2,21

0 2,

182

2,06

9 2,

255 2,30

0 2,

238

2,08

2 2,

052

2,02

6 2,

030

1,93

9 1,

920

1,400

1,500

1,600

1,700

1,800

1,900

2,000

2,100

2,200

2,300

2,400

Jan

Feb

Mar

Apr

May Jun

Jul

Aug Se

pO

ctN

ov

Dec Jan

Feb

Mar

Apr

May Jun

Jul

Aug Se

pO

ctN

ov

Dec

2017 2018

US$

/ to

nn

e

Aluminium

5,75

5 5,94

1 5,

825

5,68

4 5,

600

5,72

0 5,

985

6,48

6 6,

577 6

,808

6,

827

6,83

4 7,0

66

7,00

7 6,

799

6,85

2 6,

825 6,96

6 6,

251

6,05

1 6,

051 6,

220

6,19

6 6,

075

4,000

4,500

5,000

5,500

6,000

6,500

7,000

7,500

Jan

Feb

Mar

Apr

May Jun Jul

Aug Se

pO

ctN

ov

Dec Jan

Feb

Mar

Apr

May Jun Jul

Aug Se

pO

ctN

ov

Dec

2017 2018

US$

/ to

nn

e

Copper

9,97

1 10,6

43

10,2

05

9,60

9 9,

155

8,93

2 9,4

91

10,8

90

11,2

16

11,3

36

11,9

72

11,4

95

12,8

65 13

,596

13

,393

13

,938

14

,366

15,1

06

13,7

94

13,4

11

12,5

10

12,3

15

11,2

40

10,8

35

7,000

8,000

9,000

10,000

11,000

12,000

13,000

14,000

15,000

16,000

Jan

Feb

Mar

Apr

May Jun Jul

Aug Se

pO

ctN

ov

Dec Jan

Feb

Mar

Apr

May Jun Jul

Aug Se

pO

ctN

ov

Dec

2017 2018

US$

/ to

nn

e

Nickel

80

.41

89

.44

87

.65

70

.22

62

.43

57

.48

67

.74

76

.07

71

.53

61

.66

64

.24

72

.25 7

6.3

4

77

.46

70

.35

65

.75

66

.10

65

.04

64

.56

67

.15

68

.44 7

3.4

1

73

.26

69

.15

30.0

40.0

50.0

60.0

70.0

80.0

90.0

100.0

Jan

Feb

Mar

Ap

r

May Jun

Jul

Au

g

Sep

Oct

No

v

De

c

Jan

Feb

Mar

Ap

r

May Jun

Jul

Au

g

Sep

Oct

No

v

De

c

2017 2018

US$

/dm

tu

Iron Ore

856.0

846.6 845.0

799.8

790.4

785.3

799.1

796.4

827.2

818.0

802.1

818.3

770.0

780.0

790.0

800.0

810.0

820.0

830.0

840.0

850.0

860.0

870.0


US

$/o

z

Platinum

380.0 380.0 380.0 380.0 380.0 380.0

350.0 350.0 350.0 350.0

340.0

330.0 330.0

300.0

360.0

350.0 350.0 350.0 350.0 350.0

320.0 320.0 320.0 320.0

310.0

300.0

310.0

290.0

250

270

290

310

330

350

370

390

26 Oct 2 Nov 9 Nov 16 Nov23 Nov30 Nov 7 Dec 14 Dec 21 Dec 28 Dec 4 Jan 11 Jan 18 Jan 25 Jan

US

$/m

t

Scrap Iron Scrap Iron/MT (High) Scrap Iron/MT(Low)

77.6

78.1

77.1

73.6

74.7

76.1 76.1

75.2

75.6 75.6

76.376.6

73.0

75.0

77.0

79.0


US

$/t

Coal

MIT

I PR

OG

RAM

MES



MIT

I PR

OG

RAM

MES

MITI Minister at World Economic Forum, Switzerland22-25 January 2019



MIT

I PR

OG

RAM

MES

MITI Deputy Minister attended OCBC Bank's Global Outlook Briefing, 25 January 2019



MIT

I PR

OG

RAM

MES

MITI Hiking by PUSPANITA and MITI Club, Bukit Gasing26 January 2019



MIT

I PR

OG

RAM

MES

MITI Minister officiated Grab Malaysia's new office and its Regional Centre of Excellence and R & D

28 January 2019



MIT

I PR

OG

RAM

MES

MITI Secretary General at Industry4wrd Readiness Assessment, 28 January 2019



MIT

I PR

OG

RAM

MES

MITI Minister attended the 2019 Malaysia Economic and Strategic Outlook Forum, 29 January 2019

MITI Minister announced Malaysia's Trade Performance 2018 , 30 January 2019



Chemical oxygen demand (cod)Index of water pollution measuring the mass concentration of oxygen consumed by the chemical breakdown of organic and inorganic matter.Source : Environment Source Detail : Compedium of Environment, DOSM

CholeraIntestinal disease generally caused by faecal contamination of water and food. Source : Environment Source Detail : Compedium of Environment, DOSM

Co-operativeThis refers to a voluntary association with an unrestricted number of members and registered under the Co-operatives Act 1993. Funds are collectively owned to meet the needs of the members.Source : Environment Source Detail : Economic Census _ Information And Communications Services, DOSM

Coincident index (CI)The Coincident Index is a comprehensive measure of the overall current economic performance.Source : Economic Indicators Source Detail : Malaysian Economic Indicator, Leading, Coincident & Lagging Indexs, DOSM

Collective consumption serviceA Collective Consumption Service is a service provided by general government simultaneously to all members of the community or to all members of a particular section of the community, such as all households living in a particular region.Source : National Accounts Source Detail : Gross Domestic Product (GDP), DOSM

Compensation of employeesDescription 1Compensation of employees is the total remuneration, in cash or in kind, payable by an enterprise to an employee in return for work done by the latter during the accounting period.Source : National Accounts Source Detail : Gross Domestic Product (GDP), DOSM

Description 2This consists of total salaries & wages, payments in kind made by the establishments to all employees, employers' contribution to the Employees Provident Fund (EPF) and social security schemes or other provident funds.Source : Agriculture Source Detail : Rubber Statistics Handbook Malaysia, 2001

CompostingProcess of reducing vegetable and animal refuse, either by natural biological decomposition of organic material in the presence of air or by controlled mechanical methods, for the purpose of increasing and maintaining soil fertility.Source : Environment Source Detail : Economic Census _ Information And Communications Services, DOSM

Computer softwareComputer Software consists of computer programs, program descriptions and supporting materials for both systems and applications software.Source : National Accounts Source Detail : Gross Domestic Product (GDP), DOSM



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114 February (Thursday)

MITI HQ (SEMINAR 1)

Introduction to FTA & Preferential certificate of Origin (PCO)

214 March

(Thursday)MITI PENANG Introduction to FTA & Preferential certificate of Origin (PCO)

311 April

(Thursday)MITI HQ

(SEMINAR 1)Introduction to FTA & Preferential certificate of Origin (PCO)

416 May

(Thursday)MITI JOHOR Introduction to FTA & Preferential certificate of Origin (PCO)

520 June

(Thursday)MITI HQ

(SEMINAR 1)Introduction to FTA & Preferential certificate of Origin (PCO)

618 July

(Thursday)MITI PAHANG Introduction to FTA & Preferential certificate of Origin (PCO)

722 August (Thursday)

MITI HQ (SEMINAR 1)


819 September

(Thursday)MITI PERAK Introduction to FTA & Preferential certificate of Origin (PCO)

917 October (Thursday)

MITI HQ (SEMINAR 1)


1014 November

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KELANTANIntroduction to FTA & Preferential certificate of Origin (PCO)



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