Malaysia, a Southeast Asian country on the Malay Peninsula, has been emerging as the topmost exporting nation worldwide, driven mostly by its diversified manufacturing base and the strong electronics and electrical sector. Malaysia Export Data says Kuala Lumpur is the capital city of Malaysia. Being bordered by Thailand and Singapore in the North and South directions, the country, with continuous efforts for its ports and logistics infrastructure, has positioned its global trade growth. As per the Malaysia Export Trade Data, in terms of global export share, Malaysia stands as the 26th largest export player in the world.
The diversifying efforts of the trade authorities to stay competitive have led to a total valuation of exports worth 327 billion USD. The increasing demand for palm oil, rubber, and petroleum-like products from the manufacturing authorities of Malaysia has diversified the export, along with proper maintenance of the industry as per the Global Trade Alliance. Malaysia Export Customs Data has reported that the investment in the research and development sector has advanced with a higher value production. The currency competitiveness has further made the landscape more attractive for foreign buyers.
