Government Policy for Facilitating Export(FREE TRADE AGREEMENTS
ree Trade Agreements)
negotiated bilaterally, and at the ASEAN level further enhancedmarket access for Malaysia’s products.Apart from ASEAN, Malaysian government made a bilateral Free Trade Agreements with Japan,Pakistan, New Zealand, Chile and India; with ASEAN, Malaysia has concluded agreements withthe PRC, the Republic of Korea (ROK), as well as Australia and New Zealand, and the FTA ingoods with Japan and India.For 2010, there was an increase of 35.8% in the utilisation of Preferential Certificate of Originbased on the 509,897 Certificate of Origins issued compared with 375,589 issued in 2009.Exports performance under FTAs and GSP, recorded an increase of 37.9% in the FOB value of exports to RM103.83 billion compared with RM75.30 billion in 2009.
TRADE PERFORMANCE FOR THE YEAR OF 2010 AND THE MONTH OFDECEMBER
Malaysia’s total exports in December 2010 increased by 4.6% to RM57.16 billion comparedwith December 2009. This was the highest exports value ever recorded for the month of December. Imports expanded by 11.5% to RM47.48 billion, resulting in a total trade of RM104.64 billion, an increase of 7.6% from the corresponding month in 2009. A trade surplus of RM9.69 billion was registered, making it the 158
consecutive month of trade surplus sinceNovember 1997.Compared with November 2010, exports in December 2010 increased by 8.5% while importsexpanded by 8.6% and total trade was 8.6% higher.
Total trade in 2010 was valued atRM1.169 trillion, an increase of 18.3% from RM988.24 billion in 2009 and 1.2% lowercompared with RM1.183 trillion registered in 2008,
the highest total trade ever recorded bythe country. This was contributed by exports of RM639.43 billion and RM529.19 billion of