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Malaysia

Welcome to the price transmission page for Malaysia. This page enables you to look into the country and its crops more specifically to gain an understanding of the level of risk and also, to view its historic warning periods per commodity. Select a time range or a specific date to view the data in more detail.

Malaysia

Historic Warnings per Commodity

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Background information

During the last four decades, Malaysia transformed from an underdeveloped country mainly dependent on natural raw resources into a middle-income country with a diversified and open economy. The newly industrialized country accounts for a vibrant manufacturing sector and is a leading exporter of electrical appliances and electronic parts. New expanding sectors include science, (medical) tourism and commerce. Due to its reliance on international trade, the country is vulnerable to world commodity price fluctuations or a general slowdown.

Agriculture has never been an outstanding economic sector in Malaysia, but it nevertheless contributes to almost one-tenth of the nation’s GDP and almost every tenth Malaysian is engaged in agriculture. More than one-fifth of the land area is used for agricultural products such as palm oil, rubber, cocoa, rice or timber on the two islands. Considering the limited production of cereals, three-quarters of the demand for cereals need to be imported.

Accordingly with its achievements on the macro level, Malaysia also improved its indicators on the micro level: within four decades the share of households living in poverty fell from more than 50% to less than 1%. In terms of the GHI (2015), moderate hunger levels are still present. Every tenth child below the age of 5 is stunted or wasted and more than 2% of the population undernourished.