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2022
Exports $39.5MWorld Rnk 37 / 126
Flag Rnk 412 / 1198
2022
Destination $7.15M China
2021 - 2022
FASTEST GROWING MARKET $7.15MChina
2022
PRODUCT COMPLEXITY IN Animal Meal and Pellets-1.49Rnk 946 / 1025
2022
Imports $82.3MWorld Rnk 24 / 173
Flag Rnk 410 / 1203
2022
Origin $6.25M Australia
2021 - 2022
FASTEST GROWING ORIGIN $6.25MUnited Kingdom
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $39.5M in Animal Meal and Pellets, making it the 37th largest exporter of Animal Meal and Pellets in the world. At the same year, Animal Meal and Pellets was the 412th most exported product in Malaysia. The main destination of Animal Meal and Pellets exports from Malaysia are: China ($24.6M), Vietnam ($5.6M), Philippines ($4.07M), Japan ($1.52M), and Indonesia ($1.16M).

The fastest growing export markets for Animal Meal and Pellets of Malaysia between 2021 and 2022 were China ($7.15M), Vietnam ($3.56M), and Philippines ($1.83M).

Imports In 2022, Malaysia imported $82.3M in Animal Meal and Pellets, becoming the 24th largest importer of Animal Meal and Pellets in the world. At the same year, Animal Meal and Pellets was the 410th most imported product in Malaysia. Malaysia imports Animal Meal and Pellets primarily from: Australia ($22.4M), United Kingdom ($18.5M), Vietnam ($7.9M), Netherlands ($5.63M), and Germany ($5.4M).

The fastest growing import markets in Animal Meal and Pellets for Malaysia between 2021 and 2022 were United Kingdom ($6.25M), New Zealand ($2.34M), and Vietnam ($2.07M).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Animal Meal and Pellets exports accounted up to MYR45.7M and imports accounted up to MYR26M, resulting in a positive trade balance of MYR19.8M. Between June 2023 and June 2024 the exports of Malaysia's   Animal Meal and Pellets have increased by MYR14.3M (45.3%) from MYR31.5M to MYR45.7M, while imports decreased by MYR-3.84M (-12.9%) from MYR29.8M to MYR26M.

Destinations In June 2024, Animal Meal and Pellets were exported mostly to China (MYR35.2M), Vietnam (MYR3.94M), Thailand (MYR3.59M), Japan (MYR2.21M), and Philippines (MYR815k), and were imported mostly from Australia (MYR11.6M), Vietnam (MYR9.1M), Germany (MYR1.95M), Brazil (MYR1.13M), and South Korea (MYR479k).

Growth In June 2024, the increase in Animal Meal and Pellets's year-by-year exports was explained primarily by an increase in exports to Chinese Taipei (MYR160k or 22.2%). In June 2024, the decrease in Animal Meal and Pellets's year-by-year imports was explained primarily by a decrease in imports from Thailand (MYR-1.81M or -60.5%), Australia (MYR-1.13M or -11.2%), and Denmark (MYR-942k or -79%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR14.3M(45.3%)
IMPORT GROWTH (June 2023 - June 2024)MYR-3.84M(-12.9%)
MAIN DESTINATION (June 2024)ChinaMYR35.2M

This section shows Animal Meal and Pellets'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 Meal and Pellets over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$39.5M
IMPORTS (2022)$82.3M
NET TRADE (2022)-$42.9M

In 2022, Malaysia exported $39.5M in Animal Meal and Pellets. The main destinations of Malaysia exports on Animal Meal and Pellets were China ($24.6M), Vietnam ($5.6M), Philippines ($4.07M), Japan ($1.52M), and Indonesia ($1.16M).

In 2022, Malaysia imported $82.3M in Animal Meal and Pellets, mainly from Australia ($22.4M), United Kingdom ($18.5M), Vietnam ($7.9M), Netherlands ($5.63M), and Germany ($5.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Animal Meal and Pellets EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
China$7.15M (41.1%)
Vietnam$3.56M (174%)
Philippines$1.83M (81.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal Meal and Pellets BY Malaysia WERE (2021 - 2022):
Chinese Taipei-$2.49M (-69.8%)
Japan-$911k (-37.5%)
Bangladesh-$760k (-86.8%)
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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 Meal and Pellets were:
Peru $1.88B
United States $911M
Chile $423M
In 2022, Malaysia's main importing competitors in Animal Meal and Pellets were:
China $2.9B
Vietnam $626M
Norway $481M

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Trade Value of Animal Meal and Pellets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $9.59M
TOP IMPORT POTENTIALThailand+ $2.53M

Animal Meal and Pellets’s highest export potential is China. With an export gap of $9.59M.   Animal Meal and Pellets’s highest import potential is Thailand with an import gap of $2.53M.

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