BANGI, Malaysia, 8th January 2016 (WAM) — Malaysia is targeting halal products export to hit US$11.41 billion (RM50 billion) this year compared with last year’s target of US$9.13 billion (RM40 billion). (US$1 = RM4.37) As of September 2015, the export value of halal products totalled RM31.1 billion, up 27 per cent from a year earlier, said Deputy Minister of International Trade and Industry (MITI) Ahmad Maslan as quoted by Malaysian news agency, Bernama.

Hence, he was confident of achieving the target of RM40 billion for 2015.

The top five markets for Malaysia’s halal products exports last year were China, Singapore, the United States, Indonesia, and the Netherlands, he told reporters after visiting Dewina Food Industries Sdn Bhd, the manufacturer of popular halal food brand, Brahim’s, in Bandar Baru Bangi, Friday.

The top six halal products sectors included food and beverage, halal ingredients, palm oil derivatives, cosmetics and personal care, industrial chemicals and pharmaceuticals, he added.

Ahmad said as of December 2014, there were 5,415 halal certified companies in Malaysia, an increase of 30.5 per cent from 4,443 recorded in 2013.