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2013 Financial assets position reached RM1,354.0 billion
Exports 2015: Palm Oil and PO-based Products, RM63.2billion
Machinery & Transport Equipment was 41.8% of 2015 Exports

Statistics of International Trade In Services 2015

Release Date : Friday 30, September 2016 1200

INTERNATIONAL TRADE IN SERVICES

In 2015, Malaysia’s total international trade in services grew by 1.8 per cent to record RM291.1 billion. This represents 25.2 per cent of GDP at current prices compared to 25.8 per cent in 2014.

Exports of services registered RM135.1 billion, a decrease of 1.9 per cent from 2014.  Meanwhile, imports of services increased 5.2 per cent to record RM156.0 billion. This led to services trade deficit of RM21.0 billion from RM10.7 billion in 2014.

The major services components which contributed to exports and imports in 2015 were transport, travel, telecommunications, computer & information and other business services. On the exports side, the contribution of these four components accounted for 86.1 per cent, while for imports, the share amounted to 79.3 per cent.

MAJOR REGIONAL MARKET

The major regional market for Malaysia’s services exports in 2015 were ASEAN with a share of 46.1 per cent, followed by Asia (excluding ASEAN) with 22.9 per cent, America (13.5%) and Europe (12.5%).

Meanwhile, Malaysia’s major sources of services imports were ASEAN which accounted 36.3 per cent, followed by Asia (excluding ASEAN) with 32.6 per cent, Europe (14.9%) and America (11.5%). 

Download: Summary tables of statistics of International Trade in Services, 2014-2015 :  

 

Released By:

THE OFFICE OF CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
30 September 2016

Contact person:

Ho Mei Kei
Public Relation Officer
Corporate and User Services Division
Department of Statistics, Malaysia
Tel : +603-8885 7942
Fax : +603-8888 9248
Email :mkho[at]stats.gov.my