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2022
Exports $1.64BWorld Rnk 3 / 154
Flag Rnk 32 / 1198
2022
Destination $48.7M China
2021 - 2022
FASTEST GROWING MARKET $48.7MJapan
2022
PRODUCT COMPLEXITY IN Coconut Oil-1.71Rnk 972 / 1025
2022
Imports $920MWorld Rnk 4 / 212
Flag Rnk 56 / 1203
2022
Origin $143M Indonesia
2021 - 2022
FASTEST GROWING ORIGIN $143MIndonesia
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $1.64B in Coconut Oil, making it the 3rd largest exporter of Coconut Oil in the world. At the same year, Coconut Oil was the 32nd most exported product in Malaysia. The main destination of Coconut Oil exports from Malaysia are: China ($280M), Netherlands ($245M), Germany ($168M), Turkey ($157M), and United States ($119M).

The fastest growing export markets for Coconut Oil of Malaysia between 2021 and 2022 were Japan ($48.7M), Turkey ($35.3M), and Germany ($29.9M).

Imports In 2022, Malaysia imported $920M in Coconut Oil, becoming the 4th largest importer of Coconut Oil in the world. At the same year, Coconut Oil was the 56th most imported product in Malaysia. Malaysia imports Coconut Oil primarily from: Indonesia ($450M), Philippines ($198M), Thailand ($177M), Papua New Guinea ($65.3M), and India ($8.49M).

The fastest growing import markets in Coconut Oil for Malaysia between 2021 and 2022 were Indonesia ($143M), Philippines ($88.6M), and Papua New Guinea ($11.2M).

Latest Trends

August 2024

About

Overview In August 2024 Malaysia's Coconut Oil exports accounted up to MYR398M and imports accounted up to MYR227M, resulting in a positive trade balance of MYR171M. Between August 2023 and August 2024 the exports of Malaysia's   Coconut Oil have increased by MYR44M (12.4%) from MYR354M to MYR398M, while imports increased by MYR54.9M (31.8%) from MYR172M to MYR227M.

Destinations In August 2024, Coconut Oil were exported mostly to Netherlands (MYR134M), Sri Lanka (MYR49.6M), China (MYR32.9M), Japan (MYR28.3M), and India (MYR21M), and were imported mostly from Philippines (MYR79.4M), Thailand (MYR71.9M), Indonesia (MYR61.1M), Papua New Guinea (MYR9.03M), and Singapore (MYR3.13M).

Growth In August 2024, the increase in Coconut Oil's year-by-year exports was explained primarily by an increase in exports to Turkey (MYR23.9M or 71.5%), Iran (MYR8.76M or 438%), and Sri Lanka (MYR7.04M or 253%). In August 2024, the increase in Coconut Oil's year-by-year imports was explained primarily by an increase in imports from Indonesia (MYR29.8M or 17.1%) and Australia (MYR959k or 188%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)MYR44M(12.4%)
IMPORT GROWTH (August 2023 - August 2024)MYR54.9M(31.8%)
MAIN DESTINATION (August 2024)NetherlandsMYR134M

This section shows Coconut Oil'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 Coconut Oil over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.64B
IMPORTS (2022)$920M
NET TRADE (2022)$723M

In 2022, Malaysia exported $1.64B in Coconut Oil. The main destinations of Malaysia exports on Coconut Oil were China ($280M), Netherlands ($245M), Germany ($168M), Turkey ($157M), and United States ($119M).

In 2022, Malaysia imported $920M in Coconut Oil, mainly from Indonesia ($450M), Philippines ($198M), Thailand ($177M), Papua New Guinea ($65.3M), and India ($8.49M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coconut Oil EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Japan$48.7M (128%)
Turkey$35.3M (29.1%)
Germany$29.9M (21.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coconut Oil BY Malaysia WERE (2021 - 2022):
Netherlands-$101M (-29.2%)
Sri Lanka-$46.1M (-83.9%)
India-$22.1M (-17.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Coconut Oil were:
Indonesia $3.41B
Philippines $2.12B
In 2022, Malaysia's main importing competitors in Coconut Oil were:
United States $1.51B
Netherlands $1.35B
China $1.12B

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Trade Value of Coconut Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $24M
TOP IMPORT POTENTIALIndonesia+ $28M

Coconut Oil’s highest export potential is China. With an export gap of $24M.   Coconut Oil’s highest import potential is Indonesia with an import gap of $28M.

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