MTCC News 3/21

| ECONOMIC REVIEW
Continued from page 26
By MATRADE Bangkok
Exports
• Malaysia’s export to Thailand recorded a positive growth of 7.3% to a total of RM4.29 billion (USD1.03
billion) as compared to the same period last year (September 2020: RM4.00 billion; USD965.3 million).
• The increase in exports were contributed by the following :-
Table : Malaysia's Exports to Thailand (September 2021) - In RM
2020 2021
MITI Industry
August F September F August P September I
RM Mil RM Mil RM Mil % Change RM Mil Change (Value) % Change
TOTAL 3,282.4 4,006.6 3,965.1 20.8 4,298.2 291.6 7.3
LNG 0.0 41.8 196.4 0.0 187.7 145.9 349.1
Natural rubber 0.3 0.4 1.1 227.9 0.9 0.6 142.1
Crude Fertilizers and crude minerals 1.9 2.0 6.9 263.0 4.8 2.8 139.6
Palm oilbased
manufactured products 44.5 44.1 86.7 94.8 99.2 55.0 124.7
Petroleum Products 66.9 28.8 69.1 3.3 56.3 27.5 95.4
Rubber Products 58.3 67.5 87.6 50.1 106.2 38.7 57.4
Manufactures of Metal 163.0 141.4 206.9 26.9 218.8 77.5 54.8
Transport Equipment 110.2 89.1 37.1 -66.3 137.0 47.8 53.7
Paper & Pulp Products 24.2 22.6 32.4 33.6 32.8 10.2 45.0
Processed food 91.2 89.3 114.3 25.4 129.4 40.0 44.8
Table : Malaysia's Exports to Thailand (September 2021) – In USD
2020 2021
MITI Industry
August F September F August P September I
USD Mil USD Mil USD Mil % Change USD Mil Change (Value) % Change
TOTAL 783.3 965.3 939.0 19.9 1,031.7 66.41 6.9
LNG 0.0 10.1 46.5 0.0 45.1 34.99 347.5
Natural rubber 0.1 0.1 0.3 225.4 0.2 0.13 141.2
Crude Fertilizers and crude minerals 0.5 0.5 1.6 260.2 1.1 0.67 138.7
Palm oilbased
manufactured products 10.6 10.6 20.5 93.3 23.8 13.17 123.9
Petroleum Products 16.0 6.9 16.4 2.5 13.5 6.57 94.6
Rubber Products 13.9 16.3 20.7 49.0 25.5 9.24 56.8
Manufactures of Metal 38.9 34.1 49.0 26.0 52.5 18.46 54.2
Transport Equipment 26.3 21.5 8.8 -66.6 32.9 11.40 53.1
Paper & Pulp Products 5.8 5.4 7.7 32.5 7.9 2.42 44.5
Processed food 21.8 21.5 27.1 24.4 31.1 9.53 44.3
On the export market share, the structure are mainly led by the Electrical & Electronic products (-16.6%;
RM1.35 billion; USD1.03 billion) and followed by the other market shares:-
Table : Malaysia Export Market Share to Thailand (September 2021) - In RM
Table : Malaysia Export Market Share to Thailand (September 2021) - In USD
2020 2021
MITI Industry August F September F August P September I
RM Mil RM Mil RM Mil % Change RM Mil Change (Value) % Change
TOTAL 3,282.4 4,006.6 3,965.1 20.8 4,298.2 291.6 7.3
Electrical & electronic products 1,112.1 1,627.3 954.6 -14.2 1,357.2 -270.1 -16.6
Chemicals & chemical products 309.0 408.1 480.7 55.6 526.7 118.6 29.1
Other manufactures 287.7 397.2 320.3 11.3 373.9 -23.4 -5.9
Crude Petroleum 293.3 328.0 573.8 95.6 313.7 -14.3 -4.4
Machinery, Equipment & Parts 148.8 171.5 165.6 11.3 219.7 48.2 28.1
Manufactures of Metal 163.0 141.4 206.9 26.9 218.8 77.5 54.8
LNG 0.0 41.8 196.4 0.0 187.7 145.9 349.1
Optical & Scientific Equipment 101.6 135.4 151.2 48.8 138.8 3.4 2.5
Transport Equipment 110.2 89.1 37.1 -66.3 137.0 47.8 53.7
Processed food 91.2 89.3 114.3 25.4 129.4 40.0 44.8
2020 2021
MITI Industry August F September F August P September I
USD Mil USD Mil USD Mil % Change USD Mil Change (Value) % Change
TOTAL 783.3 965.3 939.0 19.9 1,031.7 66.41 6.9
Electrical & electronic products 265.4 392.1 226.1 -14.8 325.8 -66.29 -16.9
Chemicals & chemical products 73.7 98.3 113.8 54.4 126.4 28.11 28.6
Other manufactures 68.7 95.7 75.9 10.5 89.7 -5.97 -6.2
Crude Petroleum 70.0 79.0 135.9 94.1 75.3 -3.73 -4.7
Machinery, Equipment & Parts 35.5 41.3 39.2 10.4 52.7 11.42 27.6
Manufactures of Metal 38.9 34.1 49.0 26.0 52.5 18.46 54.2
LNG 0.0 10.1 46.5 0.0 45.1 34.99 347.5
Optical & Scientific Equipment 24.3 32.6 35.8 47.6 33.3 0.69 2.1
Transport Equipment 26.3 21.5 8.8 -66.6 32.9 11.40 53.1
Processed food 21.8 21.5 27.1 24.4 31.1 9.53 44.3
l 27 MTCC NEWS l December 2021
Continued on page 28