Market Spotlight: Malaysia, Food & Drink

Date: 25/08/2020
Author: Yurleivis Garcia
Company: GMCC International Trade Team


Malaysia, located in south-east Asia, currently boasts one of the region’s most vibrant economies as a result of decades of industrial growth and political stability. The country consists of two regions separated by the South China Sea making it a multi-ethnic, multi-religious federal monarchy of 13 states and three federal territories.

According to the Malaysian Investment Development Authority, the food-processing sector account for about 10% of Malaysia’s manufacturing output. Accordingly, processed food contributed about RM21.76 billion, while import value of processed food was amounted RM20.27 billion in 2019.

As stated by the Institute of Exports, Malaysia is the UK’s second-largest trading partner in ASEAN, with food and drink being one top sectors for trade between the UK and the south-east Asian country. As a result, there is a great amount of opportunities for British companies within the Malaysian food sector, with over £210 million worth of untapped export potential as of 2020.

If you are interested in this market and sector, join us for our Meet the Buyer online event on the 9th and 10th of September. The meetings will give you the opportunity to pitch your products to new potential overseas customers and learn about current trends and opportunities.

Please click here to express your interest.