News From : DagangHalal.com (31 May 2013)
The MIFB series has been a stalwart of the Malaysian food and beverage industry. With a history spanning 13 years, it has been the most focused food trade event in the country and it also plays host to the largest gatherings of F & B industry stakeholders, from the region and beyond. With a galore of innovative, flavorful and sumptuous new products and services, it offers industry players the opportunity to network and seal business deals from different regions of the global F & B market.
Building on the expanded theme of “A World of Food Business“, MIFB also welcomes a host of new international groups, who all look to this F & B Fair to expand their business networks, interests and exports to the world, while creating a vital platform for all exhibitors to showcase, interact and transact directly with key decision makers, importers, buyers and customers.
Malaysia – Your Premier Business Partner
Import Export
The world’s 21st most competitive country and 21st largest exporter
The net importer of food in 2011 with food imported worth a total of RM34.50 billion, growing nearly twice as fast as exports
Major food imports: cereals, cocoa beans, dairy products, sugar, molasses, vegetables, fish and meat
Major food exports: live animals, marine products, pepper, cocoa products and tropical fruits
Economic performance
Ranked 9th position in economic performance
Top placing amongst 29 economies with US20,000 or less in GDP per capita
Trade performance
One of the 20 largest trading nations worldwide
2nd largest contributors to intra-Asean trade
Malaysia’s engagement in Free Trade Agreement (concluded): Asean, Japan, China, Korea, Pakistan, New Zealand, Chile, India
Top trading partners are China, Singapore, Japan, USA and Thailand
The International Halal Food Hub
Global linkages as former Chairman of the Organization of Islamic Conference
Well positioned as the International Halal Food Hub in halal food production and certification.