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By MATRADE Bangkok| MEMBER’S CORNERTalking Point For Embassy Monthly Meeting 6/2021Summary of Malaysia’s Trade Performance (April 2020/2021)(Based from Department of Statistic, Malaysia and compiled by MATRADE)• Malaysia’s Global Trade(Based from Department of Statistic, Malaysia and compiled by MATRADE)• Malaysia’s global trade recorded a positive growth of43.2 percent amounting to RM190.76 billion(USD46.25 billion) for the period of April 2020/2021.Total exports increased by 63.0 percent (RM105.6billion; USD25.61 billion) while imports increased by24.4 percent (RM85.14 bill; USD20.64 billion) respectively.(April 2020: RM133.20billion / USD30.58 billion)Table : Malaysia's External Trade, Annual (From 2015 to April 2021) (World) In RMYearTOTAL EXPORTS TOTAL IMPORTS TRADE BALANCE TOTAL TRADERM Mil Growth Rate % RM Mil Growth Rate % RM Mil Growth Rate % RM Mil Growth Rate %2015 777,355.1 0.0 685,778.4 0.0 91,576.6 0.0 1,463,133.5 0.02016 786,964.2 1.2 698,818.7 1.9 88,145.5 -3.7 1,485,782.8 1.52017 934,926.8 18.8 836,422.2 19.7 98,504.6 11.8 1,771,349.0 19.22018 1,003,586.9 7.3 879,804.0 5.2 123,782.9 25.7 1,883,390.9 6.32019 995,071.9 -0.8 849,410.8 -3.5 145,661.1 17.7 1,844,482.7 -2.1• Malaysia’s top trading partner to the worldCountry1. China2. Singapore3. USA4. Japan5. Taiwan6. ThailandTotal trade(RM/USD billion)RM35.62/ USD8.63RM23.96/ USD5.81RM18.26/ USD4.42RM13.22/ USD3.20RM9.56/ USD2.31RM8.12/ USD1.97MarketShare18.4%12.4%9.7%7.2%5.0%4.6%As at April 2021• In term of services sector, Malaysia’s global traderecorded a negative performance of 34.7%amounting to RM 231.44 billion (USD57.86 billion)for the period of January to December 2020. Totalexports decreased by 46.0% (RM91.72 billion;USD22.93 billion) and imports decreased by22.7% (RM139.71 billion; USD34.92 billion).Table : Malaysia's Trade In Services, Annual (From 2014 to December 2020)2020 980,979.1 -1.4 796,194.1 -6.3 184,785.0 26.9 1,777,173.1 -3.62020(Jan-Apr) 303,470.6 0 270,137.6 0 33,333.0 0 573,608.2 02021(Jan-Apr) 387,810.0 27.8 308,650.8 14.3 79,159.2 137.5 696,460.9 21.42021 (Mar) 104,997.6 0 80,794.1 0 24,203.6 0 185,791.7 02020 (Apr) 64,786.6 0 68,420.2 0 -3,633.6 0 133,206.9 02021 (Apr) 105,619.8 63.0 85,143.7 24.4 20,476.1 663.5 190,763.6 43.2Table : Malaysia's External Trade, Annual (From 2015 to April 2021)(World) In USDYearTOTAL EXPORTS TOTAL IMPORTS TRADE BALANCE TOTAL TRADEUSD Mil Growth Rate % USD Mil Growth Rate % USD Mil Growth Rate % USD Mil Growth Rate %2015 199,158.1 0.0 176,011.0 0.0 23,147.1 0.0 375,169.1 0.02016 189,658.7 -4.8 168,429.6 -4.3 21,229.1 -8.3 358,088.3 -4.62017 217,722.1 14.8 194,749.6 15.6 22,972.5 8.2 412,471.7 15.22018 248,675.4 14.2 217,974.4 11.9 30,701.0 33.6 466,649.8 13.12019 240,199.3 -3.4 205,007.6 -5.9 35,191.7 14.6 445,206.9 -4.62020 233,930.6 -2.6 189,730.2 -7.5 44,200.4 25.6 423,660.7 -4.82020(Jan-Apr) 72,023.2 0 64,010.8 0 8,012.4 0 136,034.1 02021(Jan-Apr) 95,008.0 31.9 75,621.6 18.1 19,386.4 142.0 170,629.6 25.42021 (Mar) 25,550.0 0 19,660.3 0 5,889.7 0 45,210.3 02020 (Apr) 14,875.4 0 15,709.6 0 -834.3 0 30,585.0 02021 (Apr) 25,610.4 72.2 20,645.4 31.4 4,965.0 695.1 46,255.8 51.2• Major export products to the worldProducts• Electrical and Electronic Products• Petroleum Products• Rubber Products• Palm oil & palm oil basedagriculture products• Chemical & Chemical Products• Major import products from the worldProducts• Electrical and Electronic Products• Petroleum Products• Chemicals & Chemical Products• Machinery, Equipments & Parts• Manufactures of MetalTotal(RM bill)36.799.927.525.945.42Total(RM bill)24.428.978.055.894.68Total(USD bill)8.922.401.821.441.31As at April 2021Total(USD bill)5.922.171.951.421.13EXPORTS (Credit) IMPORTS (Debit) TOTAL TRADE TRADE BALANCEYearChange %Change %Change % (Net) (+/-) Change %Value (RM Mil.) Y-o-Y Value (RM Mil.) Y-o-Y Value (RM Mil.) Y-o-Y (RM Mil.) Y-o-Y2014 137,618.263 148,324.508 285,942.771 -10,706.2452015 136,095.456 -1.1 156,727.046 5.7 292,822.502 2.4 -20,631.590 -92.72016 147,595.660 8.5 166,513.086 6.2 314,108.746 7.3 -18,917.426 8.32017 159,383.933 8.0 182,242.632 9.4 341,626.565 8.8 -22,858.699 -20.82018 162,374.512 1.9 179,889.445 -1.3 342,263.957 0.2 -17,514.933 23.42019 169,813.598 4.6 180,735.431 0.5 350,549.029 2.4 -10,921.833 37.62019(Jan-Dec) 169,813.598 180,735.431 350,549.029 -10,921.8332020(Jan-Dec) 91,728.596 -46.0 139,713.905 -22.7 231,442.501 -34.7 -47,985.301 -339.42019 41,651.695 8.1 43,321.800 -2.2 84,973.495 2.6 -1,670.105 71.02019 41,388.507 3.7 44,821.064 -1.2 86,209.571 1.1 -3,432.557 37.12019 44,261.940 6.0 46,076.444 3.5 90,338.384 4.7 -1,814.504 34.22019 42,511.456 0.7 46,516.123 1.7 89,027.579 1.2 -4,004.667 -13.02020 33,057.086 -20.6 41,009.798 -5.3 74,066.884 -12.8 -7,952.712 -376.22020 18,441.857 -55.4 30,906.572 -31.0 49,348.429 -42.8 -12,464.715 -263.1•Trade Performance between Malaysia andASEAN Country(Based from Department of Statistic, Malaysia and compiled by MATRADE)Monthly Trade Performance for April 2021Malaysia’s top trading partner in ASEANTOTAL1. Singapore2. Thailand3. Indonesia4. Vietnam5. PhilippinesMarketShare47.4%17.5%15.2%11.9%5.4%Table : Malaysia's Total Trade By ASEAN Country, Annual(From 2020 - April 2021) – In RMCountryREPUBLIC OF SINGAPORETHAILANDREPUBLIC OF INDONESIASOCIALIST REP. OF VIET NAMPHILIPPINESBRUNEI DARUSSALAMUNION OF MYANMARCAMBODIAPEOPLE'S DEM. REP. LAOChanges25.0%26.4%11.0%45.6%21.8%2020 2021March P April P March I April IRM Mil RM Mil RM Mil % Change RM Mil Change (Value) % Change39,064.1 30,268.9 47,811.3 22.4 49,852.7 19,583.8 64.717,276.6 14,439.6 22,985.0 33.0 23,964.9 9,525.2 66.06,106.0 5,185.8 8,554.7 40.1 8,126.3 2,940.5 56.78,607.8 5,176.3 6,972.9 -19.0 7,398.8 2,222.5 42.93,762.1 3,367.1 6,129.4 62.9 5,831.3 2,464.2 73.22,174.0 1,373.3 2,478.3 14.0 2,846.0 1,472.7 107.2430.8 383.6 292.6 -32.1 1,146.5 762.9 198.9522.8 224.7 188.2 -64.0 374.2 149.5 66.5175.3 115.7 199.8 13.9 156.0 40.4 34.98.7 2.9 10.3 18.9 8.8 5.9 200.8As at April 2021Continued page 34 33 MTCC NEWS July 2021
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