Corn in Malaysia | The Observatory of Economic Complexity

About

Exports In 2023, Malaysia exported $3.19M in Corn, making it the 68th largest exporter of Corn in the world. At the same year, Corn was the 812th most exported product in Malaysia. The main destination of Corn exports from Malaysia are: Singapore ($2.09M), Indonesia ($721k), Brunei ($215k), Kuwait ($40.7k), and Jamaica ($33.2k).

The fastest growing export markets for Corn of Malaysia between 2022 and 2023 were Indonesia ($611k), Kuwait ($40.7k), and Jamaica ($33.2k).

Imports In 2023, Malaysia imported $1.24B in Corn, becoming the 12th largest importer of Corn in the world. At the same year, Corn was the 33rd most imported product in Malaysia. Malaysia imports Corn primarily from: Argentina ($852M), Brazil ($300M), Pakistan ($47.3M), India ($33.4M), and United States ($2.07M).

The fastest growing import markets in Corn for Malaysia between 2022 and 2023 were Brazil ($46.7M), Pakistan ($5.84M), and Indonesia ($54.8k).

Latest Trends

November 2024

About

Overview In November 2024 Malaysia's Corn exports accounted up to MYR525k and imports accounted up to MYR482M, resulting in a negative trade balance of MYR482M. Between November 2023 and November 2024 the exports of Malaysia's Corn have decreased by MYR-1.03M (-66.2%) from MYR1.56M to MYR525k, while imports increased by MYR50.5M (11.7%) from MYR432M to MYR482M.

Destinations In November 2024, Corn were exported mostly to Brunei (MYR321k), Hong Kong (MYR87k), Singapore (MYR82.1k), Indonesia (MYR22.9k), and Bangladesh (MYR7.04k), and were imported mostly from Argentina (MYR357M), Brazil (MYR123M), India (MYR1.2M), United States (MYR915k), and South Africa (MYR600k).

Growth In November 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 November 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

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (November 2023 - November 2024)MYR-1.03M(-66.2%)

IMPORT GROWTH (November 2023 - November 2024)MYR50.5M(11.7%)

MAIN DESTINATION (November 2024)BruneiMYR321k

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

Trade Value

Growth

Growth (%)

Year

EXPORTS (2023)$3.19M

IMPORTS (2023)$1.24B

NET TRADE (2023)-$1.23B

In 2023, Malaysia exported $3.19M in Corn. The main destinations of Malaysia exports on Corn were Singapore ($2.09M), Indonesia ($721k), Brunei ($215k), Kuwait ($40.7k), and Jamaica ($33.2k).

In 2023, Malaysia imported $1.24B in Corn, mainly from Argentina ($852M), Brazil ($300M), Pakistan ($47.3M), India ($33.4M), and United States ($2.07M).

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