Beruflich Dokumente
Kultur Dokumente
Overview: Overview:
Saudi looks forward and encourages Malaysians India is a large country with 2nd most
to export into their country, with focus on E&E population in the world with many religions
apparatus, palm oil, oil and gas, agricultural and languages.
based products and foods (cereals and meat)
being the top items being imported into Saudi. People are not so aware or keen on Halal
products as opposed to vegan/non-vegan
The perception about Malaysian goods are products. Endorsement by Food Safety and
positive as they deem any products from Standards Authority of India (FSSAI) is deemed
Islamic countries to be Halal. highly by Indian citizens.
Exporters are advised to start with small The top import from Malaysia in India are
quantities of export to find out if a specific Bread, biscuits, wafers, food preparation
agent/joint venture/business partner works to ingredients, cocoa based items.
push the sales of products in Saudi or not.
There is wide market for Halal Cosmetics and is
Legal Processes may take months to years to currently untapped.
complete.
Indians are price sensitive and demands high
In 2018, global consumption was USD 1.5 quality products.
Trillion, and Saudi Arabia consumes USD 60
Billion Best approach to enter Indian market is
through a strong emotional connection with
Matrade Saudi has links for exporters to expand the partner in India. i.e. (music, culture,
and penetrate into other surrounding areas language, spirituality). Extensive market
such as Jordan, Oman, etc. research is needed before starting any deals.
- Requires non GLC/MNC status, Halal certification from Jakim and use of technology in the
process (2 Million for domestic) (4 Million for Oversea) and 2 years Grace Period, 4 years
Repayment. 0% Interest. Pitching is only 15 minutes. Applies more to business expansion
instead of startups. Company needs to show 3 Financial year audit track record.
Under MTDC:
Under Matrade:
Tips:
1. download pitch deck from MTDC website to find out requirements before pitching
2. Visit Matrade library for comprehensive trade information from all over the world.
(Unobtainable online).
Session 4 (2:14pm – 3:30pm) EXPORT STRATEGIES FOR HALAL MARKET 2
Nigeria is 50% Muslim Japan has very niche market Poland has only 22000-25000
therefore Halal trade is very for halal goods. (220000 ++ Muslim residents.
promising. But no one has Muslim population)
tapped this opportunity. There The only halal operation are
are no Halal governing bodies But halal concept is gaining halal meat shops, and halal
in Nigeria. traction in lieu with increase in child development centres in
tourist and students and the major cities.
Strategy is to understand all upcoming Tokyo Olympics
the requirements: NAFDAC 2020 Polish people are more
and SON certification before interested in vegan, non GMO
exporting Halal Restaurants are being products that are healthy.
opened by muslims from
Do not deal online but rather middle eastern and Malaysian Juice components made from
via Matrade Lagos in fear of countries, and Aeon has exotic fruits are in demand in
scams and frauds recently started to sell halal Poland.
products
Bans a few items. Because
domestically self sufficient, is Fruits that are in demand are
more interested in acquiring like pineapple. Others not
technologies and coolant encouraged because of ban
components rather than food due to fruitfly.
products etc.
- EXIM Bank Loan Schemes for businesses that want to expand their business overseas.