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Malaysia’s Biosafety Act 2007 and Biosecurity Regulations are currently under review by the Department of Biosafety. As of September 2022, 57 genetically engineered (GE) products have been approved for import, an increase of 14 percent from 2021.

Boosted by solid economic performance, and robust domestic demand, Malaysia’s retail sector is forecast to grow six percent annually.

Boosted by solid economic performance, and robust domestic demand, Malaysia’s retail sector is forecast to grow six percent annually.

U.S. agricultural exports to Southeast Asia have experienced extremely rapid growth in recent years and, in FY 2014, they climbed to a record $11.5 billion – up 11 percent from FY 2013.

The overall food processing sector is growing at about 5 percent per year, with dairy, bakery, and processed fish products among the leading sectors.

With per capita income of over $10,500 and a middle and upper class making up 61 percent of the population, Malaysia shows good potential for growth as a market for high value consumer products.