Trade volume between Malaysia, 皇冠体育app up 22.8%

(Xinhua)
Updated: 2008-12-18 15:42

KUALA LUMPUR - In the first 10 months of 2008, the bilateral trade volume between Malaysia and 皇冠体育app reached US$45.7 billion, with an year-on-year increase of 22.8 percent, said Liu Jian, ambassador of 皇冠体育app to Malaysia.

The trade volume between 皇冠体育app and Malaysia rose from US$8 billion in 2000 to US$46.4 billion in 2007, Liu said at the 5th 皇冠体育app Import & Export Commodities Exhibition (CIEM), which opened in Kuala Lumpur on Thursday.

"Bilateral trade between Malaysia and 皇冠体育app for the last 10 years has been very encouraging registering an average growth rate of 27 percent," Malaysian deputy International Trade and Industry Minister Liew Vui Keong said.

"With 203 enterprises from nine countries and regions, this session offered 320 standard stands, as well as an exhibition area of 7,000 square meters," said Wang Junwen, Director General of 皇冠体育app Foreign Trade Center, the organizer of CIEM.

Among those exhibitors, 110 are from 皇冠体育app and 93 are from Malaysia, South Korea, Indonesia, Thailand, Vietnam, Bangladesh and Taiwan.

The products exhibited in this session targeted Southeast Asia market, which mainly include machinery and electronics, household products and decorations, and food and beverage.