Malaysia Economy in 2010

Economy (2010)

Nominal GDP: $255.3 billion.
Annual real GDP growth rate: 5.9% (2006); 6.3% (2007); 4.6% (2008); -1.7% (2009); 7.2% (2010); 5%-6% (2011 est., Malaysian Government).
Nominal per capita income (GNI): $8,126.


Natural resources: Petroleum, liquefied natural gas (LNG), tin, minerals.


Agricultural products: Palm oil, rubber, timber, cocoa, rice, tropical fruit, fish, coconut.


Industry: Types--electronics, electrical products, chemicals, food and beverages, metal and machine products, apparel.


Trade: Merchandise exports--$210.3 billion: electronic products, machinery, liquid natural gas, petroleum and petroleum products, telecom equipment. Major markets--Singapore 13.8%, China 12.1%, Japan 10.9%, U.S. 9.1%, Thailand 5.3%. Merchandise imports--$174.1 billion: electronic products, machinery, machinery parts and apparatus, petroleum and petroleum products. Major suppliers--China 12.6%, Japan 12.6%, Singapore 11.4%, U.S. 10.7%, Thailand 6.2%.