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2022
Exports $654kWorld Rnk 62 / 145
Flag Rnk 985 / 1198
2022
Destination $171k Maldives
2021 - 2022
FASTEST GROWING MARKET $171kUnited Kingdom
2022
PRODUCT COMPLEXITY IN Buckwheat-1.6Rnk 959 / 1025
2022
Imports $4.97MWorld Rnk 45 / 210
Flag Rnk 936 / 1203
2022
Origin $1.07M United States
2021 - 2022
FASTEST GROWING ORIGIN $1.07MUnited States
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $654k in Buckwheat, making it the 62nd largest exporter of Buckwheat in the world. At the same year, Buckwheat was the 985th most exported product in Malaysia. The main destination of Buckwheat exports from Malaysia are: Maldives ($226k), United Kingdom ($171k), Chinese Taipei ($171k), Singapore ($46.3k), and Cambodia ($15k).

The fastest growing export markets for Buckwheat of Malaysia between 2021 and 2022 were United Kingdom ($171k), Chinese Taipei ($92.5k), and Cambodia ($15k).

Imports In 2022, Malaysia imported $4.97M in Buckwheat, becoming the 45th largest importer of Buckwheat in the world. At the same year, Buckwheat was the 936th most imported product in Malaysia. Malaysia imports Buckwheat primarily from: United States ($2.38M), Ukraine ($943k), India ($439k), Chinese Taipei ($361k), and China ($265k).

The fastest growing import markets in Buckwheat for Malaysia between 2021 and 2022 were United States ($1.07M), Chinese Taipei ($177k), and India ($102k).

Latest Trends

August 2024

About

Overview In August 2024 Malaysia's Buckwheat exports accounted up to MYR35.1k and imports accounted up to MYR1.99M, resulting in a negative trade balance of MYR1.95M. Between August 2023 and August 2024 the exports of Malaysia's   Buckwheat have decreased by MYR-121k (-77.5%) from MYR156k to MYR35.1k, while imports decreased by MYR-3.42M (-63.2%) from MYR5.41M to MYR1.99M.

Destinations In August 2024, Buckwheat were exported mostly to Singapore (MYR32.7k), Brunei (MYR1.5k), and Indonesia (MYR910), and were imported mostly from United States (MYR625k), India (MYR529k), Bolivia (MYR306k), Peru (MYR242k), and Ukraine (MYR81k).

Growth In August 2024, the decrease in Buckwheat's year-by-year exports was explained primarily by a decrease in exports to Singapore (MYR-7.13k or -33.6%). In August 2024, the decrease in Buckwheat's year-by-year imports was explained primarily by a decrease in imports from Ukraine (MYR-2.16M or -89.1%), China (MYR-286k or -66%), and Chinese Taipei (MYR-92.2k or -43.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)MYR-121k(-77.5%)
IMPORT GROWTH (August 2023 - August 2024)MYR-3.42M(-63.2%)
MAIN DESTINATION (August 2024)SingaporeMYR32.7k

This section shows Buckwheat'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 Buckwheat over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$654k
IMPORTS (2022)$4.97M
NET TRADE (2022)-$4.31M

In 2022, Malaysia exported $654k in Buckwheat. The main destinations of Malaysia exports on Buckwheat were Maldives ($226k), United Kingdom ($171k), Chinese Taipei ($171k), Singapore ($46.3k), and Cambodia ($15k).

In 2022, Malaysia imported $4.97M in Buckwheat, mainly from United States ($2.38M), Ukraine ($943k), India ($439k), Chinese Taipei ($361k), and China ($265k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Buckwheat EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
United Kingdom$171k (1%)
Chinese Taipei$92.5k (118%)
Cambodia$15k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Buckwheat BY Malaysia WERE (2021 - 2022):
Singapore-$41k (-46.9%)
Canada-$26.7k (-100%)
South Africa-$8.52k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Buckwheat were:
Poland $227M
Canada $150M
France $99M
In 2022, Malaysia's main importing competitors in Buckwheat were:
Germany $231M
Spain $98M
United States $97.6M

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Trade Value of Buckwheat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALThailand+ $14.2k
TOP IMPORT POTENTIALIndia+ $261k

Buckwheat’s highest export potential is Thailand. With an export gap of $14.2k.   Buckwheat’s highest import potential is India with an import gap of $261k.

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