Malaysia is an important market for the Australian grain industry, valued at $273 million, mostly underpinned by exports of 614 kt of Australian wheat annually. Malaysia’s economy is expected to expand at a significant faster rate than its population leading to an increase Gross Domestic Product per capita. Whilst population growth in Malaysia will drive modest gains in total wheat consumption, per capita wheat consumption is expected to remain flat or decline marginally.
Malaysia-Australia Free Trade Agreement Submission
