Fish oil in Malaysia | The Observatory of Economic Complexity

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Exports In 2022, Malaysia exported $32.7M in Fish oil, making it the 21st largest exporter of Fish oil in the world. At the same year, Fish oil was the 431st most exported product in Malaysia. The main destination of Fish oil exports from Malaysia are: Singapore ($23.7M), China ($8.62M), Japan ($319k), Chile ($82.2k), and Maldives ($33.2k).

The fastest growing export markets for Fish oil of Malaysia between 2021 and 2022 were Singapore ($23.7M), China ($7.45M), and Japan ($44.8k).

Imports In 2022, Malaysia imported $34.8M in Fish oil, becoming the 20th largest importer of Fish oil in the world. At the same year, Fish oil was the 590th most imported product in Malaysia. Malaysia imports Fish oil primarily from: Vietnam ($15.9M), Japan ($5.47M), Thailand ($2.57M), United States ($1.5M), and Chile ($1.45M).

The fastest growing import markets in Fish oil for Malaysia between 2021 and 2022 were Vietnam ($15.6M), Japan ($5.13M), and Thailand ($989k).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Fish oil exports accounted up to MYR32.2M and imports accounted up to MYR18.7M, resulting in a positive trade balance of MYR13.5M. Between June 2023 and June 2024 the exports of Malaysia's Fish oil have increased by MYR20.9M (186%) from MYR11.3M to MYR32.2M, while imports decreased by MYR-2.81M (-13%) from MYR21.5M to MYR18.7M.

Destinations In June 2024, Fish oil were exported mostly to China (MYR32.2M) and Brunei (MYR1.17k), and were imported mostly from Japan (MYR8.63M), Vietnam (MYR5.36M), Thailand (MYR1.1M), United States (MYR1.06M), and Chile (MYR453k).

Growth In June 2024, the increase in Fish oil's year-by-year exports was explained primarily by an increase in exports to China (MYR321k or 19.6%). In June 2024, the decrease in Fish oil's year-by-year imports was explained primarily by a decrease in imports from Thailand (MYR-1.89M or -70.2%), United States (MYR-814k or -59.6%), and Indonesia (MYR-540k or -48.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)MYR20.9M(186%)

IMPORT GROWTH (June 2023 - June 2024)MYR-2.81M(-13%)

MAIN DESTINATION (June 2024)ChinaMYR32.2M

This section shows Fish 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 Fish oil over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$32.7M

IMPORTS (2022)$34.8M

NET TRADE (2022)-$2.13M

In 2022, Malaysia exported $32.7M in Fish oil. The main destinations of Malaysia exports on Fish oil were Singapore ($23.7M), China ($8.62M), Japan ($319k), Chile ($82.2k), and Maldives ($33.2k).

In 2022, Malaysia imported $34.8M in Fish oil, mainly from Vietnam ($15.9M), Japan ($5.47M), Thailand ($2.57M), United States ($1.5M), and Chile ($1.45M).

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