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2022
Exports $3.82MWorld Rnk 70 / 160
Flag Rnk 788 / 1198
2022
Destination $743k Brunei
2021 - 2022
FASTEST GROWING MARKET $743kBrunei
2022
PRODUCT COMPLEXITY IN Corn-1.16Rnk 869 / 1025
2022
Imports $1.55BWorld Rnk 11 / 212
Flag Rnk 25 / 1203
2022
Origin $88.4M Argentina
2021 - 2022
FASTEST GROWING ORIGIN $88.4MArgentina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $3.82M in Corn, making it the 70th largest exporter of Corn in the world. At the same year, Corn was the 788th most exported product in Malaysia. The main destination of Corn exports from Malaysia are: Brunei ($2.4M), Singapore ($872k), Philippines ($229k), Indonesia ($140k), and Hong Kong ($76.9k).

The fastest growing export markets for Corn of Malaysia between 2021 and 2022 were Brunei ($743k), Singapore ($423k), and Philippines ($229k).

Imports In 2022, Malaysia imported $1.55B in Corn, becoming the 11th largest importer of Corn in the world. At the same year, Corn was the 25th most imported product in Malaysia. Malaysia imports Corn primarily from: Argentina ($1.16B), Brazil ($246M), India ($75.9M), Pakistan ($50.7M), and Thailand ($6.53M).

The fastest growing import markets in Corn for Malaysia between 2021 and 2022 were Argentina ($88.4M), Brazil ($74.3M), and Pakistan ($27.3M).

Latest Trends

August 2024

About

Overview In August 2024 Malaysia's Corn exports accounted up to MYR118k and imports accounted up to MYR442M, resulting in a negative trade balance of MYR442M. Between August 2023 and August 2024 the exports of Malaysia's   Corn have decreased by MYR-44.3k (-27.2%) from MYR163k to MYR118k, while imports increased by MYR178M (67.3%) from MYR264M to MYR442M.

Destinations In August 2024, Corn were exported mostly to Singapore (MYR59.7k), Indonesia (MYR41.6k), Hong Kong (MYR4.84k), Brunei (MYR2.36k), and Maldives (MYR1.58k), and were imported mostly from Argentina (MYR428M), Pakistan (MYR11M), United States (MYR1.01M), Thailand (MYR875k), and South Africa (MYR670k).

Growth In August 2024, the decrease in Corn's year-by-year exports was explained primarily by a decrease in exports to Singapore (MYR-44.9k or -77.9%). In August 2024, the increase in Corn's year-by-year imports was explained primarily by an increase in imports from Brazil (MYR103M or 76.7%), Argentina (MYR92.5M or 43.1%), and United States (MYR94.6k or 9.96%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)MYR-44.3k(-27.2%)
IMPORT GROWTH (August 2023 - August 2024)MYR178M(67.3%)
MAIN DESTINATION (August 2024)SingaporeMYR59.7k

This section shows Corn'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 Corn over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.82M
IMPORTS (2022)$1.55B
NET TRADE (2022)-$1.54B

In 2022, Malaysia exported $3.82M in Corn. The main destinations of Malaysia exports on Corn were Brunei ($2.4M), Singapore ($872k), Philippines ($229k), Indonesia ($140k), and Hong Kong ($76.9k).

In 2022, Malaysia imported $1.55B in Corn, mainly from Argentina ($1.16B), Brazil ($246M), India ($75.9M), Pakistan ($50.7M), and Thailand ($6.53M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Corn EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Brunei$743k (44.8%)
Singapore$423k (94.3%)
Philippines$229k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Corn BY Malaysia WERE (2021 - 2022):
Indonesia-$407k (-74.4%)
China-$308k (-89.9%)
Vietnam-$73.5k (-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 Corn were:
United States $19.3B
Brazil $12.4B
Argentina $9.79B
In 2022, Malaysia's main importing competitors in Corn were:
China $6.81B
Mexico $5.38B
Japan $5.12B

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Trade Value of Corn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $272k
TOP IMPORT POTENTIALBrazil+ $18.6M

Corn’s highest export potential is Indonesia. With an export gap of $272k.   Corn’s highest import potential is Brazil with an import gap of $18.6M.

See methodology.

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