Animal Extracts in Malaysia | The Observatory of Economic Complexity

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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).

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

Latest Trends

September 2020

About

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%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2019 - September 2020)MYR1.32M(136%)

IMPORT GROWTH (September 2019 - September 2020)MYR605k(190%)

MAIN DESTINATION (September 2020)SingaporeMYR2.28M

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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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

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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