A tropical land boasting abundant natural resources

Malaysia, located in Southeast Asia, occupies a peninsula bordered by Thailand and Singapore, as well as the northern third of the island of Borneo, bordering Indonesia and Brunei.

With a total area of 329,847 sq. km, it is the 67th-largest country in the world. Its population was 30,513,848 as of July 2015, ranking it 43rd in the world in terms of population.

Malaysia’s climate is tropical and natural resources include tin, petroleum, timber, copper, iron ore, natural gas and bauxite.

In a breakdown by ethnic groups, Malay accounts for 50.1 percent, followed by Chinese at 22.6 percent, indigenous people at 11.8 percent and Indian at 6.7 percent. In terms of religion, 61.3 percent are Muslim, 19.8 percent are Buddhist, 9.2 percent are Christian and 6.3 percent are Hindu.

Its economy continues to expand with the gross domestic product growth rate reaching 5 percent in 2015, 6 percent in 2014 and 4.7 percent in 2013. The GDP in terms of purchasing power parity was $815.6 billion in 2015, making the country the 29th-richest in the world.

In a rough sector breakdown of GDP, agriculture accounts for 8.9 percent, industry makes up 35 percent and services account for 56.1 percent in 2015.

Typical products include palm oil, rubber, cocoa, rice, timber and pepper.

Malaysia boasts a wide range of industries, such as rubber and palm oil processing and manufacturing, petroleum and natural gas, light manufacturing, pharmaceuticals, medical technology, electronics and semiconductors, as well as timber processing and logging.

Its exports were $203.8 billion and its imports totaled $174.7 billion in 2015, making it the world’s 24th-largest exporter and 26th-biggest importer.

The country’s main exports are semiconductors and electronic equipment, palm oil, petroleum and liquefied natural gas, wood and wood products, rubber, textiles, chemicals and solar panels. Its main export partners are Singapore, China, Japan and the U.S.

The main imports are electronics, machinery, petroleum products, plastics, vehicles, iron and steel products and chemicals. Its main import partners are China, Singapore, the U.S. and Japan.

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Information excerpted from statistics in the World Factbook on the website of the Central Intelligence Agency.