Chocolate in Malaysia | The Observatory of Economic Complexity

About

Exports In 2022, Malaysia exported $380M in Chocolate, making it the 20th largest exporter of Chocolate in the world. At the same year, Chocolate was the 121st most exported product in Malaysia. The main destination of Chocolate exports from Malaysia are: Japan ($40.7M), Philippines ($38.4M), Singapore ($34.4M), Thailand ($32.8M), and China ($32.3M).

The fastest growing export markets for Chocolate of Malaysia between 2021 and 2022 were Singapore ($12.3M), United States ($11.7M), and Philippines ($9.25M).

Imports In 2022, Malaysia imported $185M in Chocolate, becoming the 39th largest importer of Chocolate in the world. At the same year, Chocolate was the 242nd most imported product in Malaysia. Malaysia imports Chocolate primarily from: Singapore ($43.3M), China ($19.8M), Australia ($19.2M), United States ($10.2M), and Indonesia ($9.66M).

The fastest growing import markets in Chocolate for Malaysia between 2021 and 2022 were Singapore ($14.1M), China ($8.17M), and Switzerland ($5.11M).

COMPANIES In 2019, leading companies such as were at the forefront of shipping Chocolate from Malaysia to the United States.

Latest Trends

September 2020

About

Overview In September 2020 Malaysia's Chocolate exports accounted up to MYR105M and imports accounted up to MYR41.8M, resulting in a positive trade balance of MYR63.1M. Between September 2019 and September 2020 the exports of Malaysia's Chocolate have decreased by MYR-10.9M (-9.4%) from MYR116M to MYR105M, while imports decreased by MYR-14.4M (-25.6%) from MYR56.2M to MYR41.8M.

Destinations In September 2020, Chocolate were exported mostly to China (MYR18.9M), Japan (MYR15.3M), United States (MYR13.1M), South Korea (MYR12.9M), and Singapore (MYR7.71M), and were imported mostly from Italy (MYR6.3M), Singapore (MYR6.08M), China (MYR4.34M), Australia (MYR4.26M), and Switzerland (MYR3.08M).

Growth In September 2020, the decrease in Chocolate's year-by-year exports was explained primarily by a decrease in exports to Vietnam (MYR-1.32M or -57.9%), New Zealand (MYR-692k or -97.9%), and Hong Kong (MYR-246k or -10.1%). In September 2020, the decrease in Chocolate's year-by-year imports was explained primarily by a decrease in imports from China (MYR-2.63M or -34.1%), New Zealand (MYR-2.33M or -86.7%), and Indonesia (MYR-786k or -26.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2019 - September 2020)MYR-10.9M(-9.4%)

IMPORT GROWTH (September 2019 - September 2020)MYR-14.4M(-25.6%)

MAIN DESTINATION (September 2020)ChinaMYR18.9M

This section shows Chocolate's exports and imports data at subnational level for Malaysia. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Chocolate over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$380M

IMPORTS (2022)$185M

NET TRADE (2022)$195M

In 2022, Malaysia exported $380M in Chocolate. The main destinations of Malaysia exports on Chocolate were Japan ($40.7M), Philippines ($38.4M), Singapore ($34.4M), Thailand ($32.8M), and China ($32.3M).

In 2022, Malaysia imported $185M in Chocolate, mainly from Singapore ($43.3M), China ($19.8M), Australia ($19.2M), United States ($10.2M), and Indonesia ($9.66M).

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