06/08/2025
To export goods from Malaysia, companies need to register with , the national trade promotion agency.
They should also familiarize themselves with export regulations, including any prohibitions or restrictions on specific goods.
Understanding free trade agreements and utilizing support programs from MATRADE can also be beneficial.
Here's a more detailed breakdown:
1. Registration and Preparation:
MATRADE Registration:
Companies intending to export should register with MATRADE, which provides various support services and resources for exporters.
Understanding Regulations:
Familiarize yourself with the Customs (Prohibition of Export) Order 2023, ensuring that your goods are not subject to any restrictions or prohibitions.
HS Codes:
Identify the correct Harmonized System (HS) code for your products, which is essential for customs procedures and trade statistics.
Export Readiness Assessment:
Utilize MATRADE's Export Readiness Assessment Tool (ERAT) to evaluate your company's preparedness for exporting.
2. Support and Development Programs:
MATRADE Programs:
MATRADE offers various programs for exporters, including training, digital learning, and development programs for new exporters and mid-tier companies.
Free Trade Agreements:
Understanding Free Trade Agreements (FTAs) is crucial for optimizing trade opportunities and potential benefits.
Market Intelligence:
MATRADE's offices worldwide provide access to trade information, market intelligence, and international tender notices.
3. Export Procedures:
GST Zero-Rating:
Exports from Malaysia are zero-rated for Goods and Services Tax (GST), meaning no GST is charged on exports, but exporters can claim input tax credits on related GST incurred.
Customs Declaration:
You'll need to submit a customs declaration form when exporting goods, providing details about the goods, value, and destination.
Compliance:
Ensure compliance with all relevant customs regulations and procedures throughout the export process.
4. Key Export Sectors:
E&E Products: Electrical and Electronic (E&E) products are a major export from Malaysia, alongside other manufactured goods.
Commodities: Malaysia is also a significant exporter of commodities like hydrocarbons and palm oil.
Processed Foods: The country also exports significant quantities of processed foods.
By taking these steps and utilizing the resources available, Malaysian companies can successfully navigate the process of exporting their goods and services.
MATRADE's provides facilities and services to assist Malaysian organisations to export.