Animal feed preparations nes in Malaysia | The Observatory of Economic Complexity

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Exports In 2022, Malaysia exported $357M in Animal feed preparations nes, making it the 16th largest exporter of Animal feed preparations nes in the world. At the same year, Animal feed preparations nes was the 128th most exported product in Malaysia. The main destination of Animal feed preparations nes exports from Malaysia are: United States ($108M), Singapore ($78.1M), Brunei ($22M), Vietnam ($19.8M), and China ($15.2M).

Imports In 2022, Malaysia imported $352M in Animal feed preparations nes, becoming the 20th largest importer of Animal feed preparations nes in the world. At the same year, Animal feed preparations nes was the 109th most imported product in Malaysia. Malaysia imports Animal feed preparations nes primarily from: China ($159M), Vietnam ($82.5M), Thailand ($21.2M), Singapore ($17.8M), and United States ($12.8M).

The fastest growing import markets in Animal feed preparations nes for Malaysia between 2021 and 2022 were China ($83.8M), Vietnam ($18.4M), and Croatia ($1.07M).

COMPANIES In 2023, leading companies such as Halyard Health (1.33k), Coaster Fine Furniture (890), and Motorola (838) were at the forefront of shipping Animal feed preparations nes from Malaysia to the United States.

Latest Trends

June 2024

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Overview In June 2024 Malaysia's Animal feed preparations nes exports accounted up to MYR119M and imports accounted up to MYR92.8M, resulting in a positive trade balance of MYR26.1M. Between June 2023 and June 2024 the exports of Malaysia's Animal feed preparations nes have increased by MYR10.7M (9.89%) from MYR108M to MYR119M, while imports increased by MYR12.2M (15.1%) from MYR80.6M to MYR92.8M.

Destinations In June 2024, Animal feed preparations nes were exported mostly to United States (MYR38.4M), Canada (MYR11.6M), Singapore (MYR10.1M), Vietnam (MYR8.23M), and Brunei (MYR7.88M), and were imported mostly from Vietnam (MYR20.2M), China (MYR18.5M), Thailand (MYR13M), Singapore (MYR10.3M), and United States (MYR4.82M).

Growth In June 2024, the increase in Animal feed preparations nes's year-by-year exports was explained primarily by an increase in exports to Turkey (MYR6.86M or 1.82k%), Singapore (MYR6.56M or 28.8%), and Thailand (MYR2.53M or 529%). In June 2024, the increase in Animal feed preparations nes's year-by-year imports was explained primarily by an increase in imports from Vietnam (MYR5.19M or 31.5%), Canada (MYR1.3M or 756%), and South Korea (MYR1.26M or 131%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)MYR10.7M(9.89%)

IMPORT GROWTH (June 2023 - June 2024)MYR12.2M(15.1%)

MAIN DESTINATION (June 2024)United StatesMYR38.4M

This section shows Animal feed preparations nes'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 feed preparations nes over time.

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