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Pricing

2022
Exports $8.97MWorld Rnk 10 / 80
Flag Rnk 653 / 1198
2022
Destination $1.61M Singapore
2021 - 2022
FASTEST GROWING MARKET $1.61MSingapore
2022
Imports $1.17MWorld Rnk 35 / 154
Flag Rnk 1072 / 1203
2022
Origin $126k China
2021 - 2022
FASTEST GROWING ORIGIN $126kHong Kong
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $8.97M in Animal Extracts, making it the 10th largest exporter of Animal Extracts in the world. At the same year, Animal Extracts was the 653rd most exported product in Malaysia. The main destination of Animal Extracts exports from Malaysia are: Singapore ($8.05M), Hong Kong ($553k), Thailand ($254k), Brunei ($52.3k), and China ($26.5k).

The fastest growing export markets for Animal Extracts of Malaysia between 2021 and 2022 were Singapore ($1.61M), Hong Kong ($484k), and Thailand ($121k).

Imports In 2022, Malaysia imported $1.17M in Animal Extracts, becoming the 35th largest importer of Animal Extracts in the world. At the same year, Animal Extracts was the 1072nd most imported product in Malaysia. Malaysia imports Animal Extracts primarily from: China ($563k), Hong Kong ($210k), Thailand ($147k), Vietnam ($83.2k), and Poland ($50.3k).

The fastest growing import markets in Animal Extracts for Malaysia between 2021 and 2022 were Hong Kong ($126k), Poland ($50.3k), and Singapore ($43.9k).

Latest Trends

September 2024

About

Overview In September 2024 Malaysia's Animal Extracts exports accounted up to MYR713k and imports accounted up to MYR697k, resulting in a positive trade balance of MYR16.6k. Between September 2023 and September 2024 the exports of Malaysia's   Animal Extracts have decreased by MYR-622k (-46.6%) from MYR1.33M to MYR713k, while imports decreased by MYR-26.9k (-3.72%) from MYR723k to MYR697k.

Destinations In September 2024, Animal Extracts were exported mostly to Singapore (MYR542k), Hong Kong (MYR81.5k), Brunei (MYR65.8k), China (MYR23.4k), and Indonesia (MYR36), and were imported mostly from Jordan (MYR346k), China (MYR223k), Hong Kong (MYR120k), France (MYR4k), and Thailand (MYR3.85k).

Growth In September 2024, the decrease in Animal Extracts's year-by-year exports was explained primarily by a decrease in exports to . In September 2024, the decrease in Animal Extracts's year-by-year imports was explained primarily by a decrease in imports from Thailand (MYR-8.57k or -15.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)MYR-622k(-46.6%)
IMPORT GROWTH (September 2023 - September 2024)MYR-26.9k(-3.72%)
MAIN DESTINATION (September 2024)SingaporeMYR542k

This section shows Animal Extracts'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 Animal Extracts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$8.97M
IMPORTS (2022)$1.17M
NET TRADE (2022)$7.8M

In 2022, Malaysia exported $8.97M in Animal Extracts. The main destinations of Malaysia exports on Animal Extracts were Singapore ($8.05M), Hong Kong ($553k), Thailand ($254k), Brunei ($52.3k), and China ($26.5k).

In 2022, Malaysia imported $1.17M in Animal Extracts, mainly from China ($563k), Hong Kong ($210k), Thailand ($147k), Vietnam ($83.2k), and Poland ($50.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Animal Extracts EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Singapore$1.61M (25%)
Hong Kong$484k (702%)
Thailand$121k (91.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal Extracts BY Malaysia WERE (2021 - 2022):
Brunei-$84.5k (-61.8%)
Vietnam-$46.5k (-100%)
Indonesia-$38.9k (-77.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Animal Extracts were:
New Zealand $32M
Italy $28.2M
China $25.8M
In 2022, Malaysia's main importing competitors in Animal Extracts were:
United States $37M
Japan $35.9M
Germany $26.5M

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Trade Value of Animal Extracts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALThailand+ $59.8k
TOP IMPORT POTENTIALThailand+ $92.9k

Animal Extracts’s highest export potential is Thailand. With an export gap of $59.8k.   Animal Extracts’s highest import potential is Thailand with an import gap of $92.9k.

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