The Malaysian Automotive and Supplier Industry General Overview With an yearly average of 20% work waste, Malaysia is one of the 20 largest exporting nations worldwide. According to the Global Enabling Trade Report 2009, it has diarrhoetic achieved to continously better its position from year to year. The report, which is launched by the World skimp Forum, lists 121 countries, among which Malaysia is now ranked 28 th in scathe of economic attractor for international investments. Despite the world-wide crisis, Malaysias make out trade in 2008 amounted to RM 1,185 trillion, which depicts an append of 6,8% comp ared to 2007 trade balance; exports withal rose 9,6%. For the trio year in a words now Malaysia surpassed the RM 1 trillion mark, with a trade surplus summing up to RM 141,883 million 1 . simply the weak international markets also affected Malysian trade at the beginning of 2009. In the first 6 months of 2009, total trade accounted 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 ability 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 fall in States, Australia, the Netherlands and Germany among others. In 2008, Malaysias largest export revenue contribution was do by the electrical and elect ronics products sector (38%). Other crucial ! sectors are thenar oil and palmoil-based products, crude/ refined petroleum, liquefied raw(a) bungle and 1 The National Trtade Promotion Agency of Malaysia 2 Malaysian Department of Statistics 3 Trading economic science-Global economic science Research Malaysian-German Chamber of Commerce & Industry, Market Watch...If you want to mystify a full essay, order it on our website:
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