Where can market information and data on Malaysia be found?
Enterprises can independently look up information on the Malaysian market through the following available and free tools:
Trade Map – ITC’s Trade Map (trademap.org): used to look up trade statistics of each country, thereby identifying major export/import products, competitors, and changes in trade over time. Trade Map provides import, export, and tariff data for each product of each country with each partner. Through Trade Map, users can identify the export strengths/import demand of each trading partner and current competitors. Trade Map provides data by year, by HS code at the 2-, 4-, or 6-digit level, by value or percentage. Users can extract information in tables, charts, or maps and filter data by product, country, product group, or country group.
MacMap – ITC’s Market Access Map (macmap.org): used to look up tariff and non-tariff barriers applied to a specific product exported from one market to another. Specifically, for tariffs, MacMap provides WTO Most-Favored-Nation (MFN) rates, unilateral preferential rates (such as GSP), and preferential rates under bilateral and multilateral arrangements (such as FTAs). For non-tariff barriers, MacMap includes import quotas, trade remedy measures, certification requirements, and other non-tariff barriers.
Rule of Origin Facilitator – ITC’s Rules of Origin search tool (findrulesoforigin.org): allows users to access a database of rules of origin in more than 350 trade agreements covering more than 190 countries worldwide. Combined with tariff databases in FTAs, this is a useful tool for enterprises to understand rules of origin in order to obtain preferences under agreements and thereby take advantage of trade opportunities created by FTAs.
Tariff Analysis Online (TAO) – WTO’s online tariff analysis tool (tao.wto.org): used to look up tariff rates (MFN, GSP, FTA, etc.) applied by a country to a specific product. TAO provides detailed tariff information down to each tariff line under each country’s HS system, as well as average tariff information by product group.
The World Bank’s World Development Indicators (WDI) tool
(https://databank.worldbank.org/source/world-development-indicators): WDI includes more than 1,400 development indicators (GDP, population, labor, inflation, exchange rates, etc.) for 217 economies and more than 40 country groups over a period of more than 50 years. This is a very useful source of information for enterprises that need an overview of the economy, population, inflation, unemployment, trade, and investment of countries worldwide, or that need to compare countries with one another.
Website of the Royal Malaysian Customs Department (www.customs.gov.my): a comprehensive electronic portal on policies, procedures, and taxes related to import and export activities in Malaysia. This is an official and practical source of information that helps enterprises understand regulations and carry out customs procedures more smoothly when trading with Malaysia.
Source: Center for WTO and International Trade - VCCI
