Seven of the world’s top ten exporters of information & communications technology (ICT) are now Asian, accounting for 66% of all ICT exports. China and Hong Kong take the top two spots, while United Nations trade data for 2009 released this week shows Malaysia now in 8th position globally.

Total ICT exports from Malaysia were US$57 billion, or 36% of Malaysia’s exports.

43% of Hong Kong’s manufactured exports were ICT, making its economy the world’s most reliant on technology. Other Asians whose ICT exports make up more than 30% include China, Singapore, South Korea, Taiwan and the Philippines. Though some Asian countries experienced slight declines in ICT exports, Malaysia grew by 18% and India by a whopping 244%. ICT makes up around 12% of the world’s merchandise trade.

source & article: The Edge Malaysia