Wares And Merchandise Of All Kinds Companies in Malaysia

The Malaysian economy is highly dependent on exports, with merchandise exports accounting for about 60 percent of GDP. The top exports are electronic equipment, petroleum products, palm oil, chemicals, and timber. Malaysia’s export partners are China, Singapore, the United States, Japan, and Thailand.

The country is also a major producer of arms and ammunition. In 2015, Malaysia was the world’s eighth largest arms exporter. The majority of Malaysia’s arms exports go to the Middle East, with Saudi Arabia being the largest buyer. Other buyers include the United Arab Emirates, Kuwait, and Qatar.

The Malaysian government is a major shareholder in several of the country’s largest companies, including Petronas, the national oil company, and Khazanah Nasional, the sovereign wealth fund. The government also owns a controlling stake in CIMB Group, a leading Malaysian bank.