Aluminium bar rods and profiles exports from Malaysia logged 199% YoY growth in 2016

Global trade statistics from 2015 onward reveal a noticeable surge in exports of aluminium extrusions from Malaysia. This is striking since the South-east Asian country has barely ever been a hub for extruded aluminium production. The trend seems to be continuing well into 2017; estimate shows that aluminium bar rods and profiles export from the country will keep growing this year as well.

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In 2015, Malaysia shipped 46592.85 tonnes of aluminium bar rods and profiles, which soared by 199.29 per cent to reach 139452.019 tonnes in 2016. In 2017 till November, the country is estimated to export 149513.4 tonnes of the aluminium extruded products, up 17 per cent from the corresponding period previous year.

Malaysia's earnings from export of aluminium bar rods and profiles have also scaled higher Year-on-year since 2015. Last year, revenues generated from aluminium bar rods and profiles export reached US$320.8 million, rising by 103.2 per cent from the previous year (US$157.88 million in 2015). In 2017, Malaysia is estimated to export aluminium bar rods and profiles worth US$350.5 million till November, up 9.25 per cent from the corresponding period previous year.

Malaysia exported maximum volume of aluminium bar rods and profiles to Vietnam (75379.64 tonnes), Australia (13365.61 tonnes), UAE (1367.99 tonnes), USA (13217.72 tonnes) and Indonesia (984.34 tonnes).

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Malaysia's aluminium extrusions exports to Vietnam have already surpassed the volume shipped to Australia, the country’s usual top importer, by almost 755 tonnes. Totals have consistently hovered between the low-500 metric tons and the high-700 metric tons for each quarter between the fourth quarter of 2013 and the third quarter of 2015, inclusive, stated Aluminium Insider in a recent report. In the first three quarters of 2016 only, Malaysia exported 115 thousand tonnes of extruded aluminium to Vietnam, accounting for 70 per cent of Malaysia’s total exports over the same time period.