Malaysia-Australia Free Trade Agreement

MAFTA Factsheet: Trade in Goods

15 January 2013

The Malaysia-Australia Free Trade Agreement (MAFTA) provides a liberal framework for enhanced trade in goods between Malaysia and Australia. It builds on the commitments that Malaysia and Australia have made in the Agreement Establishing the ASEAN-Australia-New Zealand Free Trade Area (AANZFTA) by earlier and more extensive tariff elimination, important commitments on non-tariff restrictions, and streamlined administrative arrangements for trading when using MAFTA.

MAFTA achieves high levels of tariff elimination – measured by both tariff lines and trade coverage

MAFTA has trade facilitating rules of origin

AANZFTA-Plus Market Access Outcomes

Liquid Milk - Expanded Tariff Quota Access and New Opportunities to Import Higher Value Retail Product

HS 2012 Code Description Unit 2013 Volume Annual Growth
0401.10.100 Fat content not exceeding 1% Litres 100,000 3%
0401.20.100 Fat content exceeding 1% but not exceeding 6% Litres 500,000 9%
0401.40.110 Fat content exceeding 6% but not exceeding 10% Litres 20,600 3%

Automotive Sector - Early Tariff Elimination and Removal of Quantitative Import Restriction for Australian Cars

Iron and Steel - Elimination of all Tariffs

Plastics and Chemicals - Immediate Tariff Elimination

A Range of Processed Foods and Manufactured Products - Immediate Tariff Elimination

Wine - Guarantee of Best Treatment Given to Any Country

Rice - Eventual Tariff Elimination and Open Market Conditions

Fruit - All Tariffs Eliminated

Improved Tariff Quota Access for Some Agricultural Products