Import And Export Of Timber Companies in Malaysia

The timber industry in Malaysia is a large contributor to the economy, with the export of timber and timber products accounting for around 10% of the country’s total exports. Malaysia is the world’s second largest exporter of tropical hardwood after Brazil, and the largest exporter of tropical plywood.

The timber industry in Malaysia is regulated by the Malaysian Timber Industry Board (MTIB), which is responsible for the promotion and development of the industry. Timber companies in Malaysia must be registered with the MTIB in order to export timber and timber products.

The main types of timber exported from Malaysia are tropical hardwoods, such as meranti, keruing and teak, and softwoods, such as pine and spruce. Malaysia also exports a range of processed timber products, such as flooring, furniture and veneer.

Timber exports from Malaysia are subject to a number of restrictions, such as quotas and export taxes. These restrictions are designed to protect the country’s forests and ensure that the timber industry is sustainable.

The Malaysian government is also working to promote the use of sustainable timber products, such as those certified by the Forest Stewardship Council.