Made in Malaysia

Palm Oil
June 28, 2018
Malaysian Products
June 28, 2018
 

Malaysian products exported worldwide receive much admiration and respect from importing countries due to its high quality and reliability. From electronics to processed food, made in Malaysia products are found in more than 200 countries worldwide.

Malaysia has a population of over 31 million people and a GDP that reached USD 358.6 billion in 2018. The GDP per capita in Malaysia was $11,373.23 in 2018. There was a decline in the unemployment rate in Malaysia over the last few years. In 2018, about 3.36% of the Malaysian population was unemployed, According to The World Bank. Kuala Lumpur is the capital and biggest city in Malaysia and home to many of its manufacturing plants, as well as the famed Petronas twin towers.

 

Malaysia is considered to be newly industrialized and has experienced significant growth in just a short period.

One thing that Malaysia has to its advantage is the fact that the country’s labor productivity is much higher than many of the neighboring countries, including Indonesia and the Philippines. Knowledge-based industries and the implementation of cutting edge technologies – these are the factors that often put Malaysia at the top list of countries when looking at economic growth, as well as export opportunities.