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- (-) November 2016
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Malaysia’s retail sector is forecast to grow at three percent due to cautious consumer spending, increased subsidy rationalization and introduction of a new goods and services tax.
The overall food processing sector is growing at about five percent per year, with dairy, bakery, and processed fish products among the leading sectors.
No new veterinary certificates were negotiated in 2016. Ukraine has introduced a single food safety authority in charge of review of all certificates.
With per capita income of over $9,152 and a middle and upper class making up 50 percent of the population, Malaysia shows good potential for growth as a market for high value consumer products.
This report incorporates various updates to Production, Supply and Distribution (PSD) data based on recent export numbers as well as domestic production volumes for sunflowerseed, soybeans...