Import and Export Procedures in Malaysia in 2021
The Ministry of International Trade and Industry (MITI) is responsible for facilitating trade in Malaysia, and Royal Malaysian Customs Department (RMCD) is the agency responsible for clearance of import, export and transit related goods. Imports and exports are regulated under the Customs Act (1967).
Import and Export Licensing
However, having a robust understanding of Malaysia’s licensing schemes for imported and exported goods will save traders from being rejected by customs officials.
To import or export goods which require a license, traders first must register with the Companies Commission of Malaysia. Once registered, a company must then apply for an import license from the Ministry of International Trade and Industry (MITI). Malaysia uses a privatized single digital window for all import and export regulations called Dagang Net.
A full list of goods requiring a license can be found here; however, the main goods include:
- Agricultural products;
- Animals (living or dead);
- Foodstuff
- Iron and related products;
- Heavy equipment;
- Vehicles (including motorcycles);
- Plants.
All incoming processed meat and livestock products must be certified halal and must originate from slaughterhouses inspected and approved by the Malaysian veterinary and religious authorities.
Documents required for importing and exporting
When bringing goods into or out of Malaysia, traders must provide the following documents to customs officials.
Customs Export or Import Declaration;
- Commercial Invoice;
- Bill of Lading;
- Packing List; and
- Certificate of Origin
- Further permits required for certain exported goods
Certain goods require additional approvals from affected ministries under the Customs (Prohibition of Export) Order, 1998). These goods include:
- Wastes and toxics (Director General of Environmental Quality);
- Animals – dead or alive (Permit from Wildlife Department & Department of Veterinary Services);
- Antiques (License from Museum Department);
- Coral used in jewelry (Export permit from Director General of Fisheries);
- Wheat or Meslin Flour (Permit issued from Ministry of Domestic Trade and Consumer Affairs);
- Pesticides (Ministry of Agriculture);
- Chemicals (Ministry of Health); and
- Radio Active Materials (Director General of the Atomic Energy Licensing Board)
- Free Industrial Zones and Free Commercial Zones
Malaysia currently possesses 13 Free Industrial Zones (FIZs) and 12 Free Commercial Zones (FCZs). Companies operating out of FIZs and FCZs may import raw material, products, and equipment without paying tariffs.
Free Trade Agreements
Malaysia is a partner to seven bilateral free trade agreements (FTAs) and six regional FTAs.
Malaysia has signed bilateral FTAs with:
- Australia
- Chile;
- India
- Japan
- New Zealand;
- Pakistan; and
- Turkey.
Malaysia continues to liberalize its customs regulations and improve the ease of importing and exporting out of the country.
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FAQ
Q.What is the procedure of import and export?
Answer:-
- Obtain IEC. …
- Ensure legal compliance under different trade laws
- Procure import licenses
- File Bill of Entry and other documents to complete customs clearing formalities
- Determine import duty rate for clearance of goods
Q.How can I import goods from Malaysia?
Answer:-To import or export goods that require a license, traders must first register with the Companies Commission of Malaysia. Once registered, a company must then apply for an import license from the Ministry of International Trade and Industry (MITI)
Q.What does Malaysia export and import
Answer:-Malaysia’s biggest export products by value in 2020 were electronic integrated circuits, refined petroleum oils, palm oil, vulcanized rubber clothing or accessories, and solar power diodes or semiconductors. In aggregate, those major exports accounted for 37.6% of overall exports sales from Malaysia