Fastest-Growing Malaysian Export Products

Malaysian crowd

Malaysian crowd

The following analysis highlights Malaysia’s fastest-growing exported goods and is based on data for 2015. For more recent research statistics, please see the main article Malaysia’s Top 10 Exports.

Nine of Malaysia’s fastest-growing export product categories posted triple-digit gains or better from 2011 to 2015. Nickel, the leading category, appreciated by 7,299%.

Overall, Malaysian exports average a -11.8% decline in value over the 5-year period.

Please note that this analysis is at the 2-digit Harmonized Tariff System code level, which is better for looking at trends as opposed to uncovering more targeted opportunities at the 4, 6, 8 or 10-digit code level.

Fastest-Growing Malaysian Export Products

Listed below in descending order are the fastest-growing export products from Malaysia. Shown is the percentage increase in a product category’s exports for the 5-year period ending in 2015, as well as the value of shipments in 2015.

  1. Nickel: Up by 7,299% (US$1.4 billion)
  2. Cereals: Up by 537% ($37.3 million)
  3. Ships, boats: Up by 430.6% ($5.9 million)
  4. Ores, slag, ash: Up by 382% ($1.4 billion)
  5. Woodpulp: Up by 139.6% ($38.9 million)
  6. Umbrellas and walking-sticks: Up by 121% ($1.2 million)
  7. Special woven/tufted fabric: Up by 117.9% ($58.6 million)
  8. Furskins, artificial fur: Up by 117.2% ($26.9 million)
  9. Gums, resins, vegetable saps: Up by 116.4% ($13 million)
  10. Meat: Up by 75.9% ($57.5 million)
  11. Stone, plaster, cement: Up by 66.8% ($639.1 million)
  12. Photo/cinematographic goods: Up by 61.6% ($218.5 million)
  13. Miscellaneous manufactured articles: Up by 53.4% ($367.1 million)
  14. Plaiting products, basketwork: Up by 53.3% ($1.4 million)
  15. Leather, animal gut articles: Up by 51.8% ($75.6 million)

Raw nickel was by far the strongest factors the number one Malaysian growth export category. Nickel plates, sheets, strip and foil did show significant improvements as well, however.

Malaysia exporters also posted accelerating international sales of rice and, to a lesser extent, corn.

Sea-going vessels for the transport of both persons and goods represent the strongest components of increasing export sales for the third-place ships and boats category.

Research Sources:
The World Factbook, Field Listing: Exports, Central Intelligence Agency. Accessed on August 11, 2016

Trade Map, International Trade Centre, www.intracen.org/marketanalysis. Accessed on August 11, 2016