2022
Exports
$128MWorld Rnk 7 / 93
Flag Rnk 251 / 1198
2022
PRODUCT COMPLEXITY IN Bovine, Sheep, and Goat Fat
-0.5Rnk 698 / 1025
2022
Imports
$156MWorld Rnk 5 / 156
Flag Rnk 274 / 1203
2022
ECONOMIC COMPLEXITY of Malaysia
1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $128M in Bovine, Sheep, and Goat Fat, making it the 7th largest exporter of Bovine, Sheep, and Goat Fat in the world. At the same year, Bovine, Sheep, and Goat Fat was the 251st most exported product in Malaysia. The main destination of Bovine, Sheep, and Goat Fat exports from Malaysia are: Singapore ($127M), Ireland ($805k), Brunei ($227k), Hong Kong ($47.7k), and Angola ($36.1k).

The fastest growing export markets for Bovine, Sheep, and Goat Fat of Malaysia between 2021 and 2022 were Singapore ($88.2M), Ireland ($126k), and Brunei ($111k).

Imports In 2022, Malaysia imported $156M in Bovine, Sheep, and Goat Fat, becoming the 5th largest importer of Bovine, Sheep, and Goat Fat in the world. At the same year, Bovine, Sheep, and Goat Fat was the 274th most imported product in Malaysia. Malaysia imports Bovine, Sheep, and Goat Fat primarily from: India ($84.3M), Vietnam ($26M), United States ($16.8M), Australia ($14.9M), and South Korea ($6.73M).

The fastest growing import markets in Bovine, Sheep, and Goat Fat for Malaysia between 2021 and 2022 were India ($59.2M), Vietnam ($24.8M), and United States ($16.8M).

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR-61M(-97.2%)
IMPORT GROWTH (June 2023 - June 2024)MYR-37.8M(-47%)
MAIN DESTINATION (June 2024)SingaporeMYR1.79M

This section shows Bovine, Sheep, and Goat Fat'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 Bovine, Sheep, and Goat Fat over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$128M
IMPORTS (2022)$156M
NET TRADE (2022)-$27.5M

In 2022, Malaysia exported $128M in Bovine, Sheep, and Goat Fat. The main destinations of Malaysia exports on Bovine, Sheep, and Goat Fat were Singapore ($127M), Ireland ($805k), Brunei ($227k), Hong Kong ($47.7k), and Angola ($36.1k).

In 2022, Malaysia imported $156M in Bovine, Sheep, and Goat Fat, mainly from India ($84.3M), Vietnam ($26M), United States ($16.8M), Australia ($14.9M), and South Korea ($6.73M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bovine, Sheep, and Goat Fat EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Singapore$88.2M (227%)
Ireland$126k (18.6%)
Brunei$111k (95%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bovine, Sheep, and Goat Fat BY Malaysia WERE (2021 - 2022):
Belgium-$1.3M (-100%)
Chile-$116 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Bovine, Sheep, and Goat Fat were:
In 2022, Malaysia's main importing competitors in Bovine, Sheep, and Goat Fat were:

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Trade Value of Bovine, Sheep, and Goat Fat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIreland+ $186k
TOP IMPORT POTENTIALBrazil+ $1.02M

Bovine, Sheep, and Goat Fat’s highest export potential is Ireland. With an export gap of $186k.   Bovine, Sheep, and Goat Fat’s highest import potential is Brazil with an import gap of $1.02M.

See methodology.

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