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Trade Information
Malaysia exports to Russia
Palm oil and its products
Electric machines, equipment and parts
Agricultural products
Cocoa and cocoa products
Rubber and rubber products
Polymeric materials, plastic products
Furniture
Foodstuffs
Telecommunication equipment and parts
Optical tools and devices
Malaysian market posses relevant potential for equipment and technologies in the following areas:
Information technologies,
Telecommunication,
Production,
Use of composition materials,
Biotechnology,
Automation of manufacturing processes,
Aerospace technologies.
The recent trade relations are projects on the commercial Space Exploration.
Malaysia’s position as the world’s leading palm oil producing country has allowed the industry to flourish in the way it has never been before. We are churning out a wider variety of by-products as a result of continuous R&D efforts, making the downstream manufacturing into an industry itself.
This allows Malaysia to remain heads and shoulders above its other competitors.
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Malaysia’s position as the world’s leading palm oil producing country has allowed the industry to flourish in the way it has never been before. We are churning out a wider variety of by-products as a
result of continuous R&D efforts, making the downstream manufacturing into an industry itself.
This allows Malaysia to remain heads and shoulders above its other competitors.
INDUSTRY FOCUS - RUSSIA Moscow is Russia's capital and largest city (population more then 12 million). Moscow is also increasingly important as an economic and business center; it has become Russia's principal magnet for foreign investment and business presence.
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Economy:
GDP (2006): $989 billion.
Growth rate (2006): 6.7%.
Natural resources:
Petroleum, natural gas, timber, furs, precious and nonferrous metals.
Agriculture:
Products--Grain, sugar beets, sunflower seeds, meat, dairy products.
Industry:
Types--Complete range of manufactures: automobiles, trucks, trains, agricultural equipment, advanced aircraft, aerospace, machine and equipment products;
mining and extractive industry; medical and scientific instruments; construction equipment.
Exports --$304 billion: petroleum and petroleum products, natural gas, woods and wood products, metals, chemicals.
Imports --$165 billion: machinery and equipment, chemicals, consumer goods, medicines, meat, sugar, semi-finished metal products. |
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Trade Volume between RUSSIA and MALAYSIA
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Bilateral Trade between RUSSIA and MALAYSIA
In 2003 the total trade turnover totaled US$ 724.6m (compared to US$ 576.7m in 2002).
Malaysia's bilateral trade with Russia in 2004 amounted to
RM3.3 billion, with exports valued at RM1.5 billion and imports at RM1.8 billion.
2005 - From January to October , total trade between Malaysia and Russia was RM3.05 billion with exports valued at RM1.59 billion and imports at RM1.46 billion.
Malaysia nowadays is one of the main Russia's trading partners in the South East Asia, Russia in its turn is the leading trading partner of Malaysia in the CIS region.
The total trade turnover between Russian and Malaysia reached US$ 1,903 bil in 2007 against US$ 1,133 mil in 2006, with Russian import from Malaysia U$1,462 bil and Russian export to Malaysia U$ 440.1 mil.
RUSSIA exports to MALAYSIA
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