Trading Of Garments Companies in Malaysia

The Malaysian garment industry is one of the country’s most important manufacturing sectors, accounting for around 10% of total manufacturing output and employing over 600,000 workers. The industry is highly export-oriented, with around 85% of production destined for overseas markets, making it one of Malaysia’s most important export industries.

The United States is the single largest market for Malaysian garment exports, accounting for around 30% of the total. Other major markets include the European Union (20%), Japan (10%), and Australia (5%).

The Malaysian garment industry is highly competitive, with a large number of companies operating in the market. The industry is dominated by a handful of large companies, with the top five firms accounting for around 60% of total exports.

The Malaysian government has been supportive of the garment industry, providing a range of incentives and assistance programs to help the sector compete in the global marketplace. In recent years, the government has also been working to attract more foreign investment into the industry.