49 Spurring Exports In The New Norm Trade Performance Report 01 02 03 04 05 Exports of mining goods declined by 28.3% to RM58.41 billion. This sector made up 5.9% share of total exports in 2020. Major exports of mining goods in 2020 were LNG which decreased by 29.7% to RM29.87 billion or 3% share, followed by crude petroleum (↓28.5% to RM18.84 billion, 1.9% share) as well as metalliferous ores and metal scrap (↓11.7% to RM5.96 billion, 0.6% share). Exports of Mining Goods Japan was Malaysia’s largest LNG export market, which contributed to 47.1% share, followed by China (22.8%) and the ROK (20.8%). Exports Of Mining Goods 28.3% RM58.41 billion Exports of Agriculture Goods Exports of Agriculture Goods 8.7% RM71.72 billion Exports of agriculture goods grew by 8.7% to RM71.72 billion and accounted for 7.3% of total exports in 2020. Major export products for agriculture goods were palm oil and palm oilbased agriculture products which surged by 18.4% to RM52.33 billion or 5.3% share, followed by natural rubber (↓12.9% to RM3.29 billion, 0.3% share) as well as sawn timber and moulding (↓26.7% to RM3.12 billion, 0.3% share). Major export markets for palm oil and palm oil-based agriculture products in 2020 were China with a share of 14.9%, followed by India (14%) and the Netherlands (8.8%). Major Exports Major Exports Palm Oil (Agriculture) RM52.33 billion 5.3%* LNG RM29.87 billion 3%* * Share * Share
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