•The EU is a significant market for Malaysia as it provides a viable access to penetrate into the strategic market of Euro zone. The EU is also an important source of foreign direct investment and transfer of knowledge and technology.
•In 2011, total trade between Malaysia and the EU amounted to RM132 billion, recording an increase by 7.4 per cent with exports valued at RM72 billion (an increase by 4.7 per cent) and imports accounted for RM60 billion (an 11.0 per cent increase). The total trade was in Malaysia's favour.