MALAYSIAN TECHNOLOGY STRATEGIC OUTLOOK 2019/2020

World Ranking Of High Technology Merchandise Exports (In Terms Of Export Values)

2010

2011

2012

2013

2014

2015

2016

2017

1. CHINA

2. GERMANY

3. S. KOREA

4. U.S.A

5. TAIWAN

6. SINGAPORE

7. FRANCE

8. JAPAN

9. NETHERLANDS

10. VIETNAM

11. MALAYSIA

12. U.K

13. MEXICO

14. THAILAND*

15. IRELAND

Notes: * Thailand’s export data for 2017 was unavailable, and the data used herein is estimated based on its export data from 2016.

Source: MIGHT Analytics

Malaysia has been pursuing an export-oriented industrial development strategy since the early 1970s and is not likely to deviate from this strategy in the foreseeable future. Since Malaysia’s high-tech manufacturing industry contributes over 36% to the total merchandise exported in 2018, its relevance to the Malaysian economy is paramount. However, the growth

trend of Malaysia’s high-tech exports in the past 7 years has been sluggish. With the cessation of most E&E-NKEA projects in 2018 and the ending of the third industrial masterplan (IMP3) in 2020, the need to put in place new plans and policies to reinvigorate the existing high-tech sectors, as well as seeking out new and emerging sectors is ever more urgent.

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Malaysian Technology Strategic Outlook 2019/2020 Intergration of High Technology

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