Page 16 - FDMAsia Nov/Dec 2025

14 FOCUS NOV/DEC 2025 FDM ASIA | www.fdmasia.com

ITTO TROPICAL TIMBER MARKET REPORT

As the industry landscape continues to evolve, countries are stepping up their efforts on multiple
fronts to stay competitive, including establishing new trade ties, promoting new initiatives,
building new hubs, and pushing for more regulatory support. ITTO gives us an update on the
latest developments happening around the world.

MALAYSIA which will create commercially meaningful market access
US and Malaysia – tariff Fact Sheet opportunities for a significant range of US exports.
In a Fact Sheet, the US Trade Representative reports that The US will maintain a 19 percent reciprocal tariff rate
the US and Malaysia reached an Agreement on Reciprocal for imports from Malaysia except for identified products from
Trade, a legally binding agreement that will provide American the list set out in Annex III to Executive Order 14,346 of 5
exporters with access to Malaysia’s market while bolstering September 2025, Potential Tariff Adjustments for Aligned
US national and economic security. Partners, which will receive a zero percent reciprocal tariff rate.

On tariffs, Malaysia has committed to provide significant Malaysia has committed to address a range of non-tariff
preferential market access for US products exported to barriers.
Malaysia across many sectors, including chemicals, machinery Malaysia’s trade with the US surged 15.4 percent to RM
and electrical equipment, metals, passenger vehicles, dairy, 270.88 billion between January and September this year, up
horticultural products, poultry, pork, rice and fuel ethanol from RM 234.68 billion in the same period last year.

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