MTCC NEWS 2/21

By MATRADE Bangkok
| MEMBER’S CORNER
Continued from page 33
Table: Malaysia's Total Trade By ASEAN Country, Annual(From 2020 – April 2021) – In USD
Country
TOTAL
REPUBLIC OF SINGAPORE
THAILAND
REPUBLIC OF INDONESIA
SOCIALIST REP. OF VIET NAM
PHILIPPINES
BRUNEI DARUSSALAM
UNION OF MYANMAR
CAMBODIA
PEOPLE'S DEM. REP. LAO
2020 2021
March P April P March I April I
USD Mil USD Mil USD Mil % Change USD Mil Change (Value) % Change
9,092.3 6,949.9 11,634.3 28.0 12,088.1 5,138.25 73.9
4,021.2 3,315.4 5,593.1 39.1 5,810.9 2,495.52 75.3
1,421.2 1,190.7 2,081.7 46.5 1,970.4 779.76 65.5
2,003.5 1,188.5 1,696.8 -15.3 1,794.0 605.53 50.9
875.6 773.1 1,491.5 70.3 1,414.0 640.85 82.9
506.0 315.3 603.1 19.2 690.1 374.78 118.9
100.3 88.1 71.2 -29.0 278.0 189.92 215.6
121.7 51.6 45.8 -62.4 90.7 39.15 75.9
40.8 26.6 48.6 19.1 37.8 11.28 42.5
2.0 0.7 2.5 24.3 2.1 1.47 217.7
Trade Performance between Malaysia and Thailand
(Based from Department of Statistic, Malaysia and compiled by
MATRADE)
• As of April 2021, Thailand was ranked as Malaysia’s:-
o 6th largest trading partner,
o 6th largest export destination and
o 8th largest source of import
o 2nd top trading partner among ASEAN Countries
Bilateral Trade between Malaysia – Thailand (April 2020/2021)
Total trade
• As for Malaysia’s trade with Thailand, total trade recorded an
increase of 56.7% mounting to RM8.12 billion (USD1.97 billion); for
the period of April 2020/2021. (April 2020: RM5.18 billion / USD1.19
billion).
• The monthly trade balance between Malaysia and Thailand has
decreased by 20.6% compared to the same period last year amounting
to negative RM973.7 million (negative USD236.1 million); April
2020: RM1.22 billion / USD281.7 million).
• Total trade in 2020 : RM79.41 billion (USD18.94 billion)
Table : Malaysia's External Trade, Annual (From 2015 to April 2021) (THAILAND) (In RM)
Year
TOTAL EXPORTS TOTAL IMPORTS TRADE BALANCE TOTAL TRADE
RM Mil Growth Rate % RM Mil Growth Rate % RM Mil Growth Rate % RM Mil Growth Rate %
2015 44,387.2 0.0 41,660.1 0.0 2,727.1 0.0 86,047.3 0.0
2016 44,092.4 -0.7 42,328.2 1.6 1,764.2 -35.3 86,420.6 0.4
2017 50,508.0 14.6 48,141.2 13.7 2,366.8 34.2 98,649.3 14.2
2018 57,060.8 13.0 48,623.7 1.0 8,437.1 256.5 105,684.5 7.1
2019 56,318.1 -1.3 44,276.6 -8.9 12,041.6 42.7 100,594.7 -4.8
2020 45,268.8 -19.6 34,148.0 -22.9 11,120.8 -7.6 79,416.8 -21.1
2020
(Jan-Apr) 14,583.3 0 10,532.7 0 4,050.6 0 25,115.9 0
2021
(Jan-Apr) 16,750.4 14.9 14,986.0 42.3 1,764.5 -56.4 31,736.4 26.4
2021 (Mar) 4,376.8 0 4,177.9 0 198.9 0 8,554.7 0
2020 (Apr) 3,206.2 0 1,979.5 0 1,226.7 0 5,185.8 0
2021 (Apr) 4,550.0 41.9 3,576.3 80.7 973.7 -20.6 8,126.3 56.7
Table : Malaysia's External Trade, Annual (From 2015 to April 2021) (THAILAND)(In USD)
Year
TOTAL EXPORTS TOTAL IMPORTS TRADE BALANCE TOTAL TRADE
USD Mil Growth Rate % USD Mil Growth Rate % USD Mil Growth Rate % USD Mil Growth Rate %
2015 11,388.6 0.0 10,665.0 0.0 723.6 0.0 22,053.6 0.0
2016 10,619.6 -6.8 10,203.4 -4.3 416.2 -42.5 20,823.0 -5.6
2017 11,756.1 10.7 11,206.0 9.8 550.1 32.2 22,962.1 10.3
2018 14,146.3 20.3 12,049.8 7.5 2,096.5 281.1 26,196.1 14.1
2019 13,602.7 -3.8 10,689.7 -11.3 2,913.0 38.9 24,292.4 -7.3
2020 10,792.5 -20.7 8,154.2 -23.7 2,638.3 -9.4 18,946.7 -22.0
2020
(Jan-Apr) 3,465.9 0 2,502.8 0 963.0 0 5,968.7 0
2021
(Jan-Apr) 4,104.5 18.4 3,673.3 46.8 431.2 -55.2 7,777.8 30.3
2021 (Mar) 1,065.0 0 1,016.6 0 48.4 0 2,081.7 0
2020 (Apr) 736.2 0 454.5 0 281.7 0 1,190.7 0
2021 (Apr) 1,103.3 49.9 867.2 90.8 236.1 -16.2 1,970.4 65.5
Talking Point For Embassy Monthly Meeting 6/2021
Exports
• Malaysia’s export to Thailand recorded a positive growth of
41.9% to a total of RM4.55 billion (USD1.10 billion) as compared
to the same period last year (April 2020: RM3.20 billion;
USD736.2 million).
• The increase in exports were contributed by the following :-
Table : Malaysia's Exports to Thailand (April 2021) - In RM
2020 2021
MITI Industry
March P April P March I April I
RM Mil RM Mil RM Mil % Change RM Mil Change (Value) % Change
TOTAL 3,391.6 3,206.2 4,376.8 29.0 4,550.0 1,343.8 41.9
Sawn timber & moulding 20.0 1.9 22.2 11.2 17.1 15.2 799.0
Petroleum condensates and other petroleum oil
0.0 9.9 12.3 0.0 72.6 62.7 633.6
Transport Equipment
126.4 22.8 166.7 31.9 138.1 115.3 506.2
Crude Petroleum
355.1 68.9 218.8 -38.4 275.6 206.7 300.0
Crude Fertilizers and crude minerals 2.8 1.5 5.5 98.0 6.1 4.5 297.7
Metalliferous ores and metal scrap 0.0 6.8 3.2 0.0 25.8 19.0 279.1
Machinery, Equipment & Parts 158.8 67.6 280.4 76.6 236.9 169.3 250.6
Rubber Products
64.8 40.7 104.6 61.4 112.6 72.0 177.0
Petroleum Products
19.7 75.2 50.8 157.7 184.3 109.0 144.9
Beverages & Tobacco
10.5 11.6 34.7 231.0 26.7 15.1 130.2
TOTAL
Table : Malaysia's Exports to Thailand (April 2021) – In USD
MITI Industry
Sawn timber & moulding
Petroleum condensates and other petroleum oil
Transport Equipment
Crude Petroleum
Crude Fertilizers and crude minerals
Metalliferous ores and metal scrap
Machinery, Equipment & Parts
Rubber Products
Petroleum Products
Beverages & Tobacco
2020 2021
March P April P March I April I
USD Mil USD Mil USD Mil % Change USD Mil Change (Value) % Change
789.4 736.2 1,065.0 34.9 1,103.3 367.10 49.9
4.7 0.4 5.4 16.2 4.2 3.72 849.4
0.0 2.3 3.0 0.0 17.6 15.34 674.7
29.4 5.2 40.6 37.9 33.5 28.26 540.2
82.7 15.8 53.2 -35.6 66.8 51.01 322.4
0.6 0.3 1.3 107.0 1.5 1.12 320.0
0.0 1.6 0.8 0.0 6.3 4.69 300.4
37.0 15.5 68.2 84.6 57.4 41.92 270.2
15.1 9.3 25.4 68.7 27.3 17.97 192.5
4.6 17.3 12.4 169.4 44.7 27.41 158.7
2.4 2.7 8.4 246.0 6.5 3.81 143.1
On the export market share, the structure are mainly led by the
Electrical & Electronic products (16.6%; RM1.33 billion;
USD323.5 million) and followed by the other market shares:-
Table : Malaysia Export Market Share to Thailand (April 2021) - In RM
TOTAL
MITI Industry
Electrical & electronic products
Chemicals & chemical products
Other manufactures
Crude Petroleum
Machinery, Equipment & Parts
Manufactures of Metal
Iron & Steel Products
Petroleum Products
Optical & Scientific Equipment
Transport Equipment
2020 2021
March P April P March I April I
RM Mil RM Mil RM Mil % Change RM Mil Change (Value) % Change
3,391.6 3,206.2 4,376.8 29.0 4,550.0 1,343.8 41.9
1,044.1 1,144.1 1,178.2 12.8 1,334.2 190.1 16.6
420.7 367.5 621.1 47.6 544.7 177.3 48.2
300.2 148.5 377.7 25.8 296.3 147.8 99.6
355.1 68.9 218.8 -38.4 275.6 206.7 300.0
158.8 67.6 280.4 76.6 236.9 169.3 250.6
157.1 105.9 241.6 53.8 215.6 109.7 103.7
192.7 123.3 158.2 -17.9 210.0 86.8 70.4
19.7 75.2 50.8 157.7 184.3 109.0 144.9
91.0 65.3 212.4 133.4 149.0 83.6 128.1
126.4 22.8 166.7 31.9 138.1 115.3 506.2
Table : Malaysia Export Market Share to Thailand (April 2021) - In USD
MITI Industry
TOTAL
Electrical & electronic products
Chemicals & chemical products
Other manufactures
Crude Petroleum
Machinery, Equipment & Parts
Manufactures of Metal
Iron & Steel Products
Petroleum Products
Optical & Scientific Equipment
Transport Equipment
2020 2021
March P April P March I April I
USD Mil USD Mil USD Mil % Change USD Mil Change (Value) % Change
789.4 736.2 1,065.0 34.9 1,103.3 367.10 49.9
243.0 262.7 286.7 18.0 323.5 60.83 23.2
97.9 84.4 151.1 54.3 132.1 47.71 56.5
69.9 34.1 91.9 31.6 71.8 37.76 110.8
82.7 15.8 53.2 -35.6 66.8 51.01 322.4
37.0 15.5 68.2 84.6 57.4 41.92 270.2
36.6 24.3 58.8 60.8 52.3 27.97 115.1
44.9 28.3 38.5 -14.2 50.9 22.62 79.9
4.6 17.3 12.4 169.4 44.7 27.41 158.7
21.2 15.0 51.7 144.0 36.1 21.12 140.9
29.4 5.2 40.6 37.9 33.5 28.26 540.2
o Chemicals & Chemical Products (48.2%; RM544.7 million; USD132.1
million)
o Other Manufactures (99.6%; RM296.3 million; USD71.8 million)
o Crude Petroleum (300.0%; RM275.6 million; USD66.8 million)
o Machinery, Equipment & Parts (250.6%; RM236.9 million; USD57.4
million)
o Manufactures of Metal (103.7%; RM215.6 million; USD52.3 million)
o Iron & Steel Products (70.4%; RM210.0 million; USD50.9 million)
o Petroleum Products (144.9%; RM184.3 million; USD44.7 million)
o Optical & Scientific Equipment (128.1%; RM149.0 million; USD36.1
million)
o Transport Equipment (506.2%; RM138.1 million; USD33.5 million)
Continued page 35 34 MTCC NEWS July 2021