Animal Extracts in Malaysia 2021 Exports | Imports : $6.86M | $1.06M, World Rnk 13 / 80 Rnk 680 / 1201 | World Rnk 37 / 156 Rnk 1071 / 1208
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $1.4M | $81.1k, Singapore | Thailand
2021 ECONOMIC COMPLEXITY of Malaysia: 1.09, Rnk 24 / 131
Exports In 2021, Malaysia exported $6.86M in Animal Extracts, making it the 13th largest exporter of Animal Extracts in the world. At the same year, Animal Extracts was the 680th most exported product in Malaysia. The main destination of Animal Extracts exports from Malaysia are: Singapore ($6.39M), Brunei ($137k), Thailand ($131k), Hong Kong ($68.2k), and Indonesia ($50.1k).
The fastest growing export markets for Animal Extracts of Malaysia between 2020 and 2021 were Singapore ($1.4M), Thailand ($101k), and Brunei ($76.9k).
Imports In 2021, Malaysia imported $1.06M in Animal Extracts, becoming the 37th largest importer of Animal Extracts in the world. At the same year, Animal Extracts was the 1071st most imported product in Malaysia. Malaysia imports Animal Extracts primarily from: China ($518k), Thailand ($133k), Hong Kong ($84.4k), Vietnam ($64.2k), and Jordan ($62.5k).
The fastest growing import markets in Animal Extracts for Malaysia between 2020 and 2021 were Thailand ($81.1k), Hong Kong ($79.3k), and Vietnam ($64.2k).
September 2020
Overview In September 2020 Malaysia's Animal Extracts exports accounted up to MYR2.3M and imports accounted up to MYR924k, resulting in a positive trade balance of MYR1.37M. Between September 2019 and September 2020 the exports of Malaysia's Animal Extracts have increased by MYR1.32M (136%) from MYR975k to MYR2.3M, while imports increased by MYR605k (190%) from MYR319k to MYR924k.
Destinations In September 2020, Animal Extracts were exported mostly to Singapore (MYR2.28M) and Philippines (MYR14.2k), and were imported mostly from China (MYR323k), Ukraine (MYR283k), Jordan (MYR223k), and Poland (MYR94.4k).
Growth In September 2020, the increase in Animal Extracts's year-by-year exports was explained primarily by an increase in exports to Singapore (MYR405k or 47.2%) and Indonesia (MYR99.5k or 1.21k%). In September 2020, the increase in Animal Extracts's year-by-year imports was explained primarily by an increase in imports from China (MYR31.1k or 27.6%), France (MYR16.2k or 2.92%), and Hong Kong (MYR1.44k or 8.47%).
EXPORT GROWTH (September 2019 - September 2020): MYR1.32M, (136%)
IMPORT GROWTH (September 2019 - September 2020): MYR605k, (190%)
MAIN DESTINATION (September 2020): Singapore, MYR2.28M
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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EXPORTS (2021): $6.86M
IMPORTS (2021): $1.06M
NET TRADE (2021): $5.8M
In 2021, Malaysia exported $6.86M in Animal Extracts. The main destinations of Malaysia exports on Animal Extracts were Singapore ($6.39M), Brunei ($137k), Thailand ($131k), Hong Kong ($68.2k), and Indonesia ($50.1k).
In 2021, Malaysia imported $1.06M in Animal Extracts, mainly from China ($518k), Thailand ($133k), Hong Kong ($84.4k), Vietnam ($64.2k), and Jordan ($62.5k).
THE FASTEST GROWING Animal Extracts EXPORT MARKETS FOR Malaysia WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal Extracts BY Malaysia WERE (2020 - 2021):: Hong Kong, -$46.8k (-40.7%)
In 2021, Malaysia's main exporting competitors in Animal Extracts were:
In 2021, Malaysia's main importing competitors in Animal Extracts were:
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