In 2019, the import value of rice to Malaysia was valued at approximately 1.87 billion Malaysian ringgit. The value of imports of rice has been stable since 2012 with the exception of 2015. Rice is a staple food in Malaysia.
Where does Malaysia import rice?
Apart from Vietnam, we are also importing rice from producer countries such as Thailand, Pakistan, Myanmar, India, Cambodia and more. “Syarikat Padiberas Nasional Bhd (Bernas) has been instructed by the government to ensure and to enhance the stock of imported rice in the country,” said Ronald today.
Does Malaysia export rice?
In 2018, rice exports for Malaysia was 8,585 thousand US dollars. Though Malaysia rice exports fluctuated substantially in recent years, it tended to increase through 1969 – 2018 period ending at 8,585 thousand US dollars in 2018.
What is Malaysia biggest import?
Malaysia’s main imports are: electrical and electronic products (29.4 percent), chemicals (9.5 percent), petroleum products (9.3 percent) and machinery, appliances and parts (8.7 percent).
How much rice does Malaysia import?
In 2019, the import value of rice to Malaysia was valued at approximately 1.87 billion Malaysian ringgit.
Why is rice important in Malaysia?
Rice is a staple food and a strategic industry in Malaysia. … Besides its social-economic-political significance, such as poverty eradication, rice was recently placed as the most important food crop for ensuring the nation’s food security. The annual growth rate of rice production from year 2000 to 2013 was about 1.47%.
What can I export to Malaysia?
India’s export products to Malaysia consisting of textures, machinery and instruments, electronic goods and metal manufactures, fresh vegetables and fruits, cotton yarn, meat products, sugar, rice (other than basmati), wheat, RMG cotton and accessories, primary and semi-finished iron, made-ups.
Which country is the largest importer of rice?
Iran is the top country by rice imports in the world. As of 2018, rice imports in Iran was 1.63 million thousand US dollars that accounts for 5.84% of the world’s rice imports. The top 5 countries (others are China, Saudi Arabia, Indonesia, and the United States of America) account for 23.51% of it.
Does Malaysia import beef?
Malaysia imports approx. 80% of its beef from other countries, reaching an import value of US$937.81 million. Beef consumption in Malaysia is made up of meat derived from cattle and buffalo and it is the third most consumed livestock product with per capita consumption of around 6.5kg.
Does Malaysia import seafood?
Beside exports, Malaysia imports a lot of seafood as well. Imports reached 929 million of seafood, mainly consisting of sardines, Indian mackerel and pomfret.