Malaysia’s trade growth will be dominated by emerging markets, particularly in Asia. The fastest growth in exports will be to India, Vietnam, China and Indonesia. Exports to some Middle East markets are also expected to perform strongly, led by Saudi Arabia and the UAE. Exports to some large Latin American economies such as Brazil and Argentina is expected to slow, while imports from Mexico, India and Vietnam are forecast to grow particularly strongly.
Opportunities for UK businesses
Malaysia is attempting to achieve high-income status by 2020 and is moving up the value-added production chain. This is offering great opportunities for UK businesses in particular for the following sector: business services, communications, education & training and construction.
Visit Export Britain for more information and to find support in this market.