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Home > Blog > There are great incentives for chemical transportation to Malaysia

There are great incentives for chemical transportation to Malaysia

If you have chemicals that you would like to export to another country for cash return, what exact country should you attempt to export them to? You have a broad choice of countries that would likely welcome the chemicals that you have, but we would eagerly suggest that you don't overlook Malaysia. This country in Southeast Asia can be too easy to overlook for people seeking to make money through use of services from one of the UK's most esteemed chemical transport companies, Wake Marine. Below, we list particularly good incentives to strongly consider Malaysia.

 

Malaysia likely has money that it can give you

We will start by pointing out that, in recent decades, Malaysia has particularly thrived economically and, therefore, is particularly likely to have money to give you in return for taking chemicals off your hands. More precisely, for nearly five decades, the country's GDP has grown by an average of 6.5% per annum. Malaysia currently has what is known as a newly industrialised market economy, and its economy is ranked as Southeast Asia's third biggest and the world's 28th biggest. Malaysia has also been tipped to become a developed country within the next few years.

 

Chemicals are in demand in Malaysia

Chemicals appear in the list of goods that Malaysia imports especially large amounts of, making the country seem especially apt to chemical transport to. Wake Marine is also one of the most suitable chemical shipping companies to export to Malaysia with assistance from; you can find, elsewhere on this website, plenty of information about why. Though Malaysia's top five import partners – according to 2012 estimates – are China, Singapore, Japan, the United States and Thailand, the country is likely to also welcome chemicals of the right type and quality from the UK.

The country's demand for chemicals is undoubtedly likely encouraged by its relatively large population. This population has been recorded in Malaysia's 2010 census as 28,334,135, making Malaysia the world's 42nd most populous country. The population also continues growing at the rate of 2.4% annually, which suggests that you could greatly benefit from repeatedly exporting more chemicals to the country long into the future. You could find, to your pleasant surprise, that a wide range of chemical products, including lube oil, are warmly welcomed in this Southeast Asia country - and don't underestimate how easily you could get such products transported with assistance from the liquid transport business Wake Marine.