Honey in Malaysia | The Observatory of Economic Complexity

About

Exports In 2023, Malaysia exported $4.29M in Honey, making it the 42nd largest exporter of Honey in the world. At the same year, Honey was the 748th most exported product in Malaysia. The main destination of Honey exports from Malaysia are: Australia ($2.62M), Singapore ($817k), Japan ($163k), Brunei ($159k), and United States ($92.1k).

The fastest growing export markets for Honey of Malaysia between 2022 and 2023 were Australia ($2.14M), Morocco ($78.4k), and United States ($61.3k).

Imports In 2023, Malaysia imported $11.2M in Honey, becoming the 30th largest importer of Honey in the world. At the same year, Honey was the 787th most imported product in Malaysia. Malaysia imports Honey primarily from: New Zealand ($2.34M), China ($1.85M), Australia ($1.7M), Chinese Taipei ($1.43M), and Thailand ($1.43M).

The fastest growing import markets in Honey for Malaysia between 2022 and 2023 were Singapore ($158k), Thailand ($92.4k), and Argentina ($54.1k).

Latest Trends

November 2024

About

Overview In November 2024 Malaysia's Honey exports accounted up to MYR532k and imports accounted up to MYR4.79M, resulting in a negative trade balance of MYR4.26M. Between November 2023 and November 2024 the exports of Malaysia's Honey have decreased by MYR-166k (-23.7%) from MYR698k to MYR532k, while imports decreased by MYR-43.7k (-0.9%) from MYR4.84M to MYR4.79M.

Destinations In November 2024, Honey were exported mostly to Singapore (MYR199k), Kazakhstan (MYR154k), United States (MYR107k), Australia (MYR28.5k), and Angola (MYR10.1k), and were imported mostly from China (MYR1.34M), Australia (MYR998k), Iran (MYR540k), Thailand (MYR466k), and New Zealand (MYR411k).

Growth In November 2024, the decrease in Honey's year-by-year exports was explained primarily by a decrease in exports to Somalia (MYR-60k or -80%). In November 2024, the decrease in Honey's year-by-year imports was explained primarily by a decrease in imports from N/A.

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (November 2023 - November 2024)MYR-166k(-23.7%)

IMPORT GROWTH (November 2023 - November 2024)MYR-43.7k(-0.9%)

MAIN DESTINATION (November 2024)SingaporeMYR199k

This section shows Honey'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 Honey over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2023)$4.29M

IMPORTS (2023)$11.2M

NET TRADE (2023)-$6.88M

In 2023, Malaysia exported $4.29M in Honey. The main destinations of Malaysia exports on Honey were Australia ($2.62M), Singapore ($817k), Japan ($163k), Brunei ($159k), and United States ($92.1k).

In 2023, Malaysia imported $11.2M in Honey, mainly from New Zealand ($2.34M), China ($1.85M), Australia ($1.7M), Chinese Taipei ($1.43M), and Thailand ($1.43M).

Explore Visualizations