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2022
Exports $86.2MWorld Rnk 19 / 181
Flag Rnk 298 / 1198
2022
Destination $4.14M China
2021 - 2022
FASTEST GROWING MARKET $4.14MIndonesia
2022
PRODUCT COMPLEXITY IN Prepared Cereals-0.43Rnk 681 / 1025
2022
Imports $43.9MWorld Rnk 39 / 223
Flag Rnk 542 / 1203
2022
Origin $436k China
2021 - 2022
FASTEST GROWING ORIGIN $436kNetherlands
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $86.2M in Prepared Cereals, making it the 19th largest exporter of Prepared Cereals in the world. At the same year, Prepared Cereals was the 298th most exported product in Malaysia. The main destination of Prepared Cereals exports from Malaysia are: China ($17.3M), Indonesia ($16.8M), Singapore ($10.3M), Thailand ($8.67M), and Hong Kong ($4.16M).

The fastest growing export markets for Prepared Cereals of Malaysia between 2021 and 2022 were Indonesia ($4.14M), Singapore ($2.29M), and Thailand ($1.86M).

Imports In 2022, Malaysia imported $43.9M in Prepared Cereals, becoming the 39th largest importer of Prepared Cereals in the world. At the same year, Prepared Cereals was the 542nd most imported product in Malaysia. Malaysia imports Prepared Cereals primarily from: China ($15.1M), Thailand ($6.04M), Philippines ($4.32M), Indonesia ($2.57M), and United Kingdom ($2.35M).

The fastest growing import markets in Prepared Cereals for Malaysia between 2021 and 2022 were Netherlands ($436k), Chile ($417k), and South Korea ($367k).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Prepared Cereals exports accounted up to MYR24M and imports accounted up to MYR10.7M, resulting in a positive trade balance of MYR13.2M. Between June 2023 and June 2024 the exports of Malaysia's   Prepared Cereals have decreased by MYR-712k (-2.89%) from MYR24.7M to MYR24M, while imports increased by MYR685k (6.81%) from MYR10.1M to MYR10.7M.

Destinations In June 2024, Prepared Cereals were exported mostly to Indonesia (MYR6.49M), Thailand (MYR4.1M), Singapore (MYR3.61M), China (MYR1.12M), and Saudi Arabia (MYR1.06M), and were imported mostly from China (MYR2.29M), Thailand (MYR1.98M), Poland (MYR1.28M), Philippines (MYR1.27M), and Indonesia (MYR1.09M).

Growth In June 2024, the decrease in Prepared Cereals's year-by-year exports was explained primarily by a decrease in exports to Indonesia (MYR-4.44M or -52.2%), Pakistan (MYR-1.59M or -85.8%), and Brunei (MYR-1.4M or -60%). In June 2024, the increase in Prepared Cereals's year-by-year imports was explained primarily by an increase in imports from Philippines (MYR1.28M or 39%), Indonesia (MYR600k or 91.2%), and Thailand (MYR319k or 13%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR-712k(-2.89%)
IMPORT GROWTH (June 2023 - June 2024)MYR685k(6.81%)
MAIN DESTINATION (June 2024)IndonesiaMYR6.49M

This section shows Prepared Cereals'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 Prepared Cereals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$86.2M
IMPORTS (2022)$43.9M
NET TRADE (2022)$42.3M

In 2022, Malaysia exported $86.2M in Prepared Cereals. The main destinations of Malaysia exports on Prepared Cereals were China ($17.3M), Indonesia ($16.8M), Singapore ($10.3M), Thailand ($8.67M), and Hong Kong ($4.16M).

In 2022, Malaysia imported $43.9M in Prepared Cereals, mainly from China ($15.1M), Thailand ($6.04M), Philippines ($4.32M), Indonesia ($2.57M), and United Kingdom ($2.35M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Prepared Cereals EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Indonesia$4.14M (32.6%)
Singapore$2.29M (28.5%)
Thailand$1.86M (27.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Prepared Cereals BY Malaysia WERE (2021 - 2022):
Pakistan-$1.42M (-46%)
Brunei-$1.34M (-41.3%)
Philippines-$962k (-25%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Malaysia's main exporting competitors in Prepared Cereals were:
Germany $784M
United States $747M
United Kingdom $648M
In 2022, Malaysia's main importing competitors in Prepared Cereals were:
United States $1.03B
Canada $606M
Germany $513M

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Trade Value of Prepared Cereals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.94M
TOP IMPORT POTENTIALThailand+ $2.2M

Prepared Cereals’s highest export potential is China. With an export gap of $1.94M.   Prepared Cereals’s highest import potential is Thailand with an import gap of $2.2M.

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