Quick Answer: What products does Malaysia need?

Which product is demand in Malaysia?

Malaysia’s e-commerce market has a wide range of demand depending on season, however it is generally notable that the top three most popular product categories are electronics, fashion, and personal care.

What products does Malaysia 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).

What is the most important product in Malaysia?

Electronics and electrical products were Malaysia’s most valuable exports, followed by palm oil and timber products.

Value of major exports of Malaysia in 2019, by product (in billion Malaysian ringgit)

Characteristic Export value in billion Malaysian ringgit

What are Malaysia products?

Searchable List of Malaysia’s Most Valuable Export Products

Rank Malaysian Export Product 2020 Value (US$)
1 Integrated circuits/microassemblies $49,384,682,000
2 Processed petroleum oils $12,784,896,000
3 Palm oil $9,810,936,000
4 Clothing, accessories (vulcanized rubber) $8,447,129,000

What is the best thing to sell in Malaysia?

The top eCommerce product categories favoured by Malaysians with respective to spend are:

  • Travel (pre-COVID)
  • Consumer Electronics.
  • Fashion & Beauty.
  • Food & Personal care.
  • Home Appliances and Baby Products.

What are the main industries in Malaysia?

Economy of Malaysia

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Statistics
Main industries Electronics, semiconductors, microchips, integrated circuits, rubber, oleochemicals, automotive, optical devices, pharmaceuticals, medical equipment, smelting, timber, wood pulp, Islamic finance, petroleum, liquified natural gas, petrochemicals, telecommunication product

How do I market my product in Malaysia?

Top 5 Ways to Advertise Your Products for Free on the Internet

  1. Having a Blog or Website. …
  2. Using Your Social Networks. …
  3. Making Publicity(Advertisement) Exchanges. …
  4. Be Part of Related (Relevant) Forums.

What kind of online business can I start in Malaysia?

List of online businesses in Malaysia 2021:

  • Sell products via Facebook Live video.
  • Start an e-Commerce store.
  • Sell Products on Malaysia Online Marketplaces.
  • Online MLM Referral Program.
  • Online Dropshipping Business.
  • Selling eBooks Online.
  • Publish and Sell Online Courses.
  • Be a Website/Social content writer.

How can I sell my product in Malaysia?

How to Start Selling Online in Malaysia

  1. Determine your product. …
  2. Choose your seller wisely. …
  3. Do market research. …
  4. Select your selling channel. …
  5. Register your business. …
  6. Set-up an online store and social media advertisements. …
  7. Check for the legal terms and policies. …
  8. Optimize your payment gateways.