Import & Export Of Motor Vehicles Companies in Malaysia
Motor vehicle exports from Malaysia totaled RM140.4 billion (US$42.4 billion) in 2019, up by 7.4% from RM130.9 billion (US$39.5 billion) in 2018, according to the Department of Statistics Malaysia.
The top export destinations of Malaysian motor vehicles in 2019 were Singapore (RM48.1 billion or 34.2% of total exports), Thailand (RM17.6 billion or 12.5%), the United States (RM16.4 billion or 11.7%), Australia (RM11.6 billion or 8.2%), and China (RM9.4 billion or 6.7%).
The motor vehicle export industry is an important contributor to the Malaysian economy, accounting for 11.7% of the country’s total exports in 2019.
Malaysia’s motor vehicle exports are expected to continue to grow in the coming years, supported by strong demand from key markets such as Southeast Asia, China, and the United States.
The top export destinations of Malaysian motor vehicles in 2019 were Singapore (RM48.1 billion or 34.2% of total exports), Thailand (RM17.6 billion or 12.5%), the United States (RM16.4 billion or 11.7%), Australia (RM11.6 billion or 8.2%), and China (RM9.4 billion or 6.7%).
The motor vehicle export industry is an important contributor to the Malaysian economy, accounting for 11.7% of the country’s total exports in 2019.
Malaysia’s motor vehicle exports are expected to continue to grow in the coming years, supported by strong demand from key markets such as Southeast Asia, China, and the United States.
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