Insect Resins in Malaysia | The Observatory of Economic Complexity

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Exports In 2022, Malaysia exported $2.01M in Insect Resins, making it the 38th largest exporter of Insect Resins in the world. At the same year, Insect Resins was the 878th most exported product in Malaysia. The main destination of Insect Resins exports from Malaysia are: China ($1.19M), Singapore ($258k), Bangladesh ($192k), France ($158k), and United States ($43.9k).

The fastest growing export markets for Insect Resins of Malaysia between 2021 and 2022 were United States ($43.9k), Saudi Arabia ($31.2k), and Uzbekistan ($13.5k).

Imports In 2022, Malaysia imported $4.48M in Insect Resins, becoming the 39th largest importer of Insect Resins in the world. At the same year, Insect Resins was the 952nd most imported product in Malaysia. Malaysia imports Insect Resins primarily from: Indonesia ($1.49M), China ($898k), India ($684k), France ($381k), and Sudan ($303k).

The fastest growing import markets in Insect Resins for Malaysia between 2021 and 2022 were China ($170k), Germany ($73.9k), and New Zealand ($25.4k).

COMPANIES In 2019, leading companies such as were at the forefront of shipping Insect Resins from Malaysia to the United States.

Latest Trends

September 2020

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Overview In September 2020 Malaysia's Insect Resins exports accounted up to MYR1.98M and imports accounted up to MYR763k, resulting in a positive trade balance of MYR1.21M. Between September 2019 and September 2020 the exports of Malaysia's Insect Resins have increased by MYR1.79M (940%) from MYR190k to MYR1.98M, while imports decreased by MYR-2.35M (-75.5%) from MYR3.12M to MYR763k.

Destinations In September 2020, Insect Resins were exported mostly to China (MYR1.27M), Chinese Taipei (MYR389k), Singapore (MYR301k), and Canada (MYR21.7k), and were imported mostly from India (MYR277k), Indonesia (MYR249k), France (MYR113k), China (MYR44.9k), and United Arab Emirates (MYR38.6k).

Growth In September 2020, the increase in Insect Resins's year-by-year exports was explained primarily by an increase in exports to . In September 2020, the decrease in Insect Resins's year-by-year imports was explained primarily by a decrease in imports from France (MYR-985k or -92.1%), India (MYR-219k or -62.6%), and United States (MYR-134k or -75.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2019 - September 2020)MYR1.79M(940%)

IMPORT GROWTH (September 2019 - September 2020)MYR-2.35M(-75.5%)

MAIN DESTINATION (September 2020)ChinaMYR1.27M

This section shows Insect Resins'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 Insect Resins over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$2.01M

IMPORTS (2022)$4.48M

NET TRADE (2022)-$2.47M

In 2022, Malaysia exported $2.01M in Insect Resins. The main destinations of Malaysia exports on Insect Resins were China ($1.19M), Singapore ($258k), Bangladesh ($192k), France ($158k), and United States ($43.9k).

In 2022, Malaysia imported $4.48M in Insect Resins, mainly from Indonesia ($1.49M), China ($898k), India ($684k), France ($381k), and Sudan ($303k).

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