An Australia-Malaysia Free Trade Agreement: Australian Scoping Study a report coordinated by the Australian Department of Foreign Affairs and Trade February 2005
Table 2.2.1 Australia’s Merchandise Exports to Malaysia by Major Category ($ million)
Download 1.7 Mb.
|
- Navigate this page:
- All merch. Exports 1,758.7 2,033.2
- 1,858.6 2,140.7 2,499.5
- Table 2.2.2 Australia’s Top Ten Primary Exports to Malaysia ($ million)
- Table 2.2.3 Australia’s Top Ten Manufactured Exports to Malaysia ($ million)
- Table 2.2.4 Australia’s Service Exports to Malaysia ($ million)
- TOTAL 659 754
- Box 2.2.1 QBE Insurance Group
- 2.3 Australia’s Imports from Malaysia
- Chart 2.3.1 Australia’s Imports of Goods and Services from Malaysia
Table 2.2.1 Australia’s Merchandise Exports to Malaysia by Major Category ($ million)
Source: DFAT STARS database. * STMs are simply transformed manufactures, while ETMs are elaborately transformed manufactures. In 2003-04, Australia exported about $996 million worth of manufactured goods to Malaysia, down 10 per cent from their peak of $1.1 billion in 2000-01, but still almost 50 per cent above their level in 1993-94. Exports of manufactured goods have fluctuated over the last ten years. In 2003-04, Australia exported a record $351 million worth of simply transformed manufactures (STMs). Exports of elaborately transformed manufactures (ETMs) were worth nearly $650 million in 2003-04, down 20 per cent from their peak in 2000-01, but an increase of almost 45 per cent from their level in 1993-94. ‘Other exports’, which consist largely of sugar and wheat, were down in 2003-04 from their peak in 2001-02, but were still up 22 per cent on the previous year. Australia’s top ten primary and manufactured exports are shown in Tables 2.2.2 and 2.2.3. Exports of sugar, wheat and milk have traditionally constituted Australia’s top three exports to Malaysia. These exports increased strongly until 2001 (for wheat) or 2001-02 (for raw sugar and milk and cream), but subsequently declined. Refined copper has registered particularly strong growth and was Australia’s second highest value merchandise export to Malaysia in 2003-04. Coal exports, while down from a peak in 2002-03, were still worth $93 million in 2003-04, a 440 per cent increase from 1993-94. Exports of high-value manufactured goods to Malaysia, such as medicaments, have grown consistently over the last 10 years. In 2003-04 these exports were 535 per cent above their level in 1993-94. Exports of aluminium, ferrous waste and scrap and wines have also grown strongly over the last ten years. Table 2.2.2 Australia’s Top Ten Primary Exports to Malaysia ($ million)
Source: DFAT STARS database. * Malaysian Department of Statistics, Calendar year data (ie:1993-1994 = CY1993). Table 2.2.3 Australia’s Top Ten Manufactured Exports to Malaysia ($ million)
Source: DFAT STARS database. Australia’s Services Exports to Malaysia Malaysian demand for Australian services has grown strongly over the last ten years, notwithstanding a slight downturn in the wake of the Asian financial crisis. Australia’s service exports to Malaysia were valued at nearly $1 billion in 2003-04, representing approximately 3 per cent of Australia’s services exports. These figures do not include services traded through the establishment of a commercial presence overseas, such as the provision of education services by Australian universities operating in Malaysia. Nearly 75 per cent of Australian services exports to Malaysia are in the ‘travel services’ category, covering expenditure on goods and services by travellers, foreign workers and students. Of these, around two-thirds are education-related (for example, covering expenditure by students) and the bulk of the remainder are in the ‘personal’ travel and ‘other’ categories. In 2003-2004, there were over 175,000 short-term visitor arrivals from Malaysia, making it Australia’s second largest source of visitors from South-East Asia behind Singapore (252,600) and ahead of Indonesia (91,500) and Thailand (78,800).4 Table 2.2.4 Australia’s Service Exports to Malaysia ($ million)
Source: DFAT STARS database. Exports of education services have grown strongly in recent years. There were 17,500 Malaysian students in Australia in 2002 and 19,800 in 2003, making Malaysia our fifth largest source of overseas students in Australia.5 ‘Other business services’ (for example, legal, accounting, management consulting, engineering and architectural services) have also grown strongly, more than doubling since 1998-99 to reach $100 million in 2002-03.
2.3 Australia’s Imports from Malaysia Australia’s imports from Malaysia have grown strongly over the past decade, rising from just over $1.5 billion in 1993-94 to almost $5.4 billion in 2003-04. Most of the growth in imports has come from the expansion of merchandise imports (Chart 2.3.1). As a result, Australia now has a substantial deficit in merchandise trade with Malaysia. Chart 2.3.1 Australia’s Imports of Goods and Services from Malaysia  Source: DFAT STARS database.
Merchandise Imports Merchandise imports from Malaysia were valued at $4.7 billion in 2003-04, representing Australia’s 9th largest import source. Australia’s main merchandise imports from Malaysia are crude oil, computers, integrated circuits, radios, office machine parts and telephone equipment. Merchandise imports from Malaysia now represent 1.7 per cent of Australia’s total merchandise imports. Directory: trade trade -> Trade-off da – gdi 2011 1 Earth Science D/A 2 trade -> Endi 2011 / Daniel/Jason/Kevin/Marc/MiHe/Parth/Simrun trade -> Please note the following trade -> Option 1: Two community residents outside the store trade -> Alliance atlantis communications trade -> U. S. Proposal on negotiating ntbs related to the automobile sector trade -> Cargo arrival deadlines trade -> Economic commission for europe committee for trade, industry and enterprise development trade -> Is the Mark Inherently Distinctive? 4 Download 1.7 Mb. Share with your friends:
|