Import/export Of Used Motor Vehicles Companies in Malaysia

The used motor vehicle industry in Malaysia is expected to grow in the coming years as the country's economy continues to develop. This growth will be driven by the increasing demand for used vehicles from both domestic and international buyers. The Malaysian government has put in place a number of policies to encourage the growth of the industry, including the establishment of a used vehicle export zone in the Port of Tanjung Pelepas.

The used motor vehicle industry in Malaysia is highly fragmented, with a large number of small-scale operators. The top five companies in the industry are estimated to account for less than 10% of total industry revenue.

The majority of used motor vehicles exported from Malaysia are sent to countries in Asia, with the largest markets being Indonesia, Singapore, and Thailand. The United Arab Emirates is also a significant destination for Malaysian exports.

The used motor vehicle industry in Malaysia is subject to a number of regulations, including those relating to safety, emissions, and vehicle registration. Used motor vehicles must also comply with the Malaysia-United States Free Trade Agreement before they can be exported to the United States.