Export Of Textiles Companies in Malaysia

The textile industry is a major contributor to the Malaysian economy, accounting for around 10% of the country’s total exports. The sector employs over 600,000 people and is one of the most important industries in terms of both employment and export earnings.

The Malaysian textile industry is highly diversified, with a strong focus on the production of value-added textiles and garments. The country is a leading producer of a wide range of textile products, including cotton fabrics, synthetic fabrics, woven fabrics, and non-woven fabrics.

The Malaysian textile industry is highly export-oriented, with around 85% of production being exported. The sector’s main export markets are the United States, the European Union, Japan, and China.

The Malaysian government has been supportive of the textile industry, providing a range of incentives and assistance programs. These include financial assistance, tax exemptions, and preferential loans. The government is also working to improve the industry’s competitiveness through a number of initiatives, such as the development of a National Textile Industry Master Plan.