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Malaysia’s Auto Parts Export Grows 13.2% in 2019
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2020-03-09
Malaysia reported a very good result in its auto parts export in 2019, reaching MYR 13.7 billion (up 13.2% from 2018). In 2019 Malaysian automotive industry created 65,388 job opportunities. If to calculate since 2014, it created 312,565 job opportunities in total.
According to Malaysian Automotive Association (MAA), in Malaysia there are 22 car manufacturers and assembly plants for sedans, commercial vehicles and motorbikes.
MITI vice secretary general Norazman Ayob said that the automotive industry is one of the most important industries in Malaysia. In 2019 the production value of the automotive industry represented 4.3% of Malaysia’s GDP. Despite many challenges in 2019, the sales of various types of vehicles in Malaysia still climbed to 604,287 units, slightly up 0.95% from 2018.
Malaysia
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