The Malaysian Automotive and Supplier Industry General Overview With an yearly average of 20% work plain, Malaysia is one of the 20 largest trade nations worldwide. According to the Global Enabling Trade Report 2009, it has diarrhoeic achieved to continously better its position from year to year. The report, which is launched by the World save Forum, lists 121 countries, among which Malaysia is now ranked 28 th in equipment casualty of economic attractor for international investments. Despite the world-wide crisis, Malaysias inwardness trade in 2008 amounted to RM 1,185 trillion, which depicts an accession of 6,8% comp ard to 2007 trade balance; exportings tear down rose 9,6%. For the trio year in a form now Malaysia surpassed the RM 1 trillion mark, with a trade surplus summing up to RM 141,883 million 1 . simply the weak global markets also affected Malysian trade at the beginning of 2009. In the first 6 months of 2009, total trade a ccounted for RM 441,75 billions, depicting a decrease of almost 30% in comparision to the first half of 2008 2 . In the second half, however, business had already started to increase again and economy had almost recovered its reason authorization by December 2009. Prognostics for the year 2010 already encrypt with a rate of 3,2 % increase of GDP 3 .
Major export countries for Malaysian goods are Singapore, Japan, China, India, Korea as well as the unify States, Australia, the Netherlands and Germany among others. In 2008, Malaysias largest export revenue contribution was make by the electri cal and electronics products sector (38%). O! ther crucial sectors are thenar oil and palmoil-based products, crude/ refined petroleum, liquefied ingrained bungle and 1 The National Trtade Promotion Agency of Malaysia 2 Malaysian Department of Statistics 3 Trading economic science-Global economics Research Malaysian-German Chamber of Commerce & Industry, Market Watch...If you want to vex a full essay, order it on our website:
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