Environmental Scan 2017: Human Capital Issues within the Medical Devices Sector
No
HS Code
Product Description
Export
Value 2016 Export
Value 2013
(RM million) (RM million)
CAGR
(2013-2016)
17 330620000 Yarn used to clean between the teeth
(dental floss), in individual retail
packages 59 36 18.4%
18 9022909000 X-ray generators, high tension
generator, control panel & desk, screen,
exam/treatment table, chairs & the like,
incl. parts & accessories 21 8.2 37.7%
19 901811000 Electro-cardiographs 18 107 -45.2%
20 901890100 Self-administrating
instruments
appliances used in treating diabetes 15 3.9 55.9%
&
Source: MATRADE, Ipsos analysis
The weaker Ringgit is helping to drive exports by increasing the competitiveness of the local
products, especially for export markets such as Europe and the United States. On the other hand,
one of the major stumbling blocks for Malaysia was the collapse of the Trans Pacific Partnership
Agreement (TPPA). The TPPA would have provided Malaysia with market access to countries
which it does not have a Free Trade Agreement, e.g. Canada, Mexico, Peru and US. The other
main challenge which Malaysia and many other middle tier countries are facing is the rising
competition from countries like Vietnam which are able to offer similar products at a lower price
due to lower labour cost.
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