Among the goods exported to China, Malaysia which is electronic equipment totaly $ 9.4 billion, $ 1.2 billion of plastic and rubber as much as $ 1.3 billion. China import many items of electronic equipment, plastic and rubber from Malaysia which is to meet the demands of the market where a lot of marketing to electronic items such as home appliances, plastic where to meet industrial goods, plastic goods made in China and also of rubber because of China 's lack of the resources. Hence, apart from exporting goods Malaysia to China, Malaysia also take advantage of trade relations is to import goods from China, such as the machinery of $ 5.5 billion, iron and steel as much as $ 1.6 billion and also aluminium totalled $ 1 billion. Good that was imported from China was helping the economic development of Malaysia. (Trade, Investment & Economic Cooperation Between China and Southeast Asia: The Case of MALAYSIA, 2004) All in all, the trade relations between Malaysia and China took place very rapidly, which can be seen the two countries are mutually need each other to meet their needs.
The top 3 ports in Malaysia are Port Klang, Penang Port, and Johor Port. Port Klang is the largest and leading port of Malaysia, it is located in Klang Valley, the most developed and industrialized area of the country. Port Klang handles almost half of Malaysia’s container trade and it is also an important regional distribution and transshipment hub. Penang Port is the gateway port in northern Malaysia. Handling twenty-five tons of cargo annually and having connectivity to over two hundred ports worldwide, Penang Port serves as one of the busiest trade routes in the region.
One of the most vibrant economies in south-east Asia, Malaysia is one of the worlds top exporters of semiconductors and electronic equipment, palm oil, petroleum and liquefied natural gas, wood and wood products, palm oil, rubber, textiles, chemicals, solar panels. Since they are at the bottom of the equator, Malaysia produces a lot of agricultural products from palm oil, rubber, cocoa, rice, subsistence crops, timber, and pepper. Malaysia is divided into three lands by sea: Peninsular Malaysia, Sarawak, and Sabah. These three lands which are divided by sea have different kinds of resource. Malaysia is also one of the booming economies in the 20th and 21st century.
Malaysia Malaysia, as one of the economic tiger cubs of Southeast Asia has one of the best economic track records in the world. Although its rapid economic expansion has been based on the development of natural resources since initiation, there is a growing diversity in the sectors of commerce, trade, science and tourism. The Malaysian economy in Purchasing Power Parity (PPP) in 2015, was $525.7 billion USD. This is the 3rd largest in the region after the much more populated countries like Indonesia and the Philippines. Still, it is the 28th largest globally.
The fastest-growing economies of Malaysia in the developing world is start from year 1970s. Malaysia transformed from a major exporter of palm oil, rubber, tin, tropical timber and other primary commodities to the exporter of manufactured goods and this cause the country Per capita income become doubled in less than a generation. From year around 1970 until year 1980, economic growth was raise around 7.7% and it also raise to 5.8% in year 1980 to year 1990. In year 1990 to year 2005, the economic growth about 6.5%. During year 2008, crisis of financial appear and it caused the economic growth reduce.
Therefore, the government have to undertake several strategic measures to enhance the nation’s capability, particularly in providing an ecosystem to support the development of the chain of refining, storage and trading. The total production from the oil and gas industry in Malaysia is very affecting to the national income to this country. This is because the oil and gas industry is the one of the prominent agricultural industries in Malaysia. Based on the planning in budget 2013 to transform oil and gas industry in Malaysia to a global integrated trading hub, it is important to identify factors that will affect the economic growth. The transformation from producer to
Malaysia’s economy made a major transformation since Malaysia achieved its independence in 1957, from a heavy reliance on tin mining and rubber plantation to an industrial based economy (Mun, 2007). Most of the industrialization efforts, especially the development of heavy industries in Malaysia by HICOM, a government funded agency have been approached. The approach has caused high financial and administrative burden to the government. Hence, in 1983, Malaysian then Prime Minister, Mahathir Mohamad announced the government’s intention to embark on a privatization policy to ease public sector involvement in the economy. However, the privatization in Malaysia has resulted in both success and failure.
Without tourist attractions, there would be no tourism. Malaysia is one of the worlds attractive travel destinations. There are many types of tourism in Malaysia to attract the oversea traveling around this country. Multicultural and multiracial population, historical places and natural resources can be the attractions and strong fundamentals of Malaysia. Malaysia had a gorgeous colorful history.
Besides that, the 8% of the gross national income in Malaysia contributed by 19 million metric tons (Mmtons) of crude palm oil (CPO) production in the palm oil industry. The production of palm oil usually used in making cooking fats and oils, cosmetic products, margarine, soap, detergents and candles (Abdullah and Sulaiman 2013). Oil palm is also known as the commercial crop and contribute huge amount of agricultural waste in Malaysia. Oil palm biomass can be classified into two difference types of sources which are from plantation and the mills. Oil Palm Trunks (OPT) and Oil Palm Fronds (OPF) are types of sources that comes from plantations while Empty Fruit Bunches (EFB), Palm Kernel Shell, Palm Oil Mill Effluent (POME) and mesocarp is comes from mills.
In Malayisa, pineapple was initially grown as a contour plant and now is developed as crops plant around Johor’s soft soil area (MPIB, 2014). pineapple is a non seasonal type of fruit, hence it can be cultivated at any year in the tropical climate. As one of the tropical countries, Malaysia is ranked as the 18th world’s largest pineapple producer (Therakyatpost, 2015). Pineapple can be obtained all year long as it is not a seasonal type of crop. Among the biggest pineapple cultivator countries of the world are Philippines Brazil, and the Thailand .