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2022
Exports $668MWorld Rnk 12 / 180
Flag Rnk 73 / 1198
2022
Destination $19M Philippines
2021 - 2022
FASTEST GROWING MARKET $19MPhilippines
2022
PRODUCT COMPLEXITY IN Malt Extract0.015Rnk 542 / 1025
2022
Imports $486MWorld Rnk 10 / 224
Flag Rnk 110 / 1203
2022
Origin $16.4MN/A
2021 - 2022
FASTEST GROWING ORIGIN $16.4MNew Zealand
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $668M in Malt Extract, making it the 12th largest exporter of Malt Extract in the world. At the same year, Malt Extract was the 73rd most exported product in Malaysia. The main destination of Malt Extract exports from Malaysia are: Philippines ($98.3M), Vietnam ($55.8M), Nigeria ($48.5M), Indonesia ($43.1M), and Singapore ($34.7M).

The fastest growing export markets for Malt Extract of Malaysia between 2021 and 2022 were Philippines ($19M), Senegal ($16.4M), and Vietnam ($10.9M).

Imports In 2022, Malaysia imported $486M in Malt Extract, becoming the 10th largest importer of Malt Extract in the world. At the same year, Malt Extract was the 110th most imported product in Malaysia. Malaysia imports Malt Extract primarily from: N/A.

The fastest growing import markets in Malt Extract for Malaysia between 2021 and 2022 were New Zealand ($16.4M), Indonesia ($11.9M), and Singapore ($11.8M).

COMPANIES In 2023, leading companies such as Kontoor Brands (1) were at the forefront of shipping Malt Extract from Malaysia to the United States.

Latest Trends

September 2024

About

Overview In September 2024 Malaysia's Malt Extract exports accounted up to MYR310M and imports accounted up to MYR182M, resulting in a positive trade balance of MYR128M. Between September 2023 and September 2024 the exports of Malaysia's   Malt Extract have increased by MYR1.38M (0.45%) from MYR308M to MYR310M, while imports decreased by MYR-51.2k (-0.028%) from MYR182M to MYR182M.

Destinations In September 2024, Malt Extract were exported mostly to Senegal (MYR43.2M), Philippines (MYR41.2M), Indonesia (MYR32.5M), Vietnam (MYR22.3M), and Nigeria (MYR14.6M), and were imported mostly from Thailand (MYR45.2M), Indonesia (MYR36.1M), Singapore (MYR21.8M), New Zealand (MYR18.8M), and Philippines (MYR16.4M).

Growth In September 2024, the increase in Malt Extract's year-by-year exports was explained primarily by an increase in exports to Senegal (MYR10M or 871%), Philippines (MYR5.93M or 19.2%), and Saudi Arabia (MYR4.21M or 128%). In September 2024, the decrease in Malt Extract's year-by-year imports was explained primarily by a decrease in imports from Indonesia (MYR-8.65M or -83.1%), Netherlands (MYR-7.93M or -51.6%), and Germany (MYR-2.8M or -71.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)MYR1.38M(0.45%)
IMPORT GROWTH (September 2023 - September 2024)MYR-51.2k(-0.028%)
MAIN DESTINATION (September 2024)SenegalMYR43.2M

This section shows Malt Extract'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 Malt Extract over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$668M
IMPORTS (2022)$486M
NET TRADE (2022)$182M

In 2022, Malaysia exported $668M in Malt Extract. The main destinations of Malaysia exports on Malt Extract were Philippines ($98.3M), Vietnam ($55.8M), Nigeria ($48.5M), Indonesia ($43.1M), and Singapore ($34.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Malt Extract EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Philippines$19M (23.9%)
Senegal$16.4M (118%)
Vietnam$10.9M (24.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Malt Extract BY Malaysia WERE (2021 - 2022):
China-$14.8M (-59.7%)
Gambia-$9.28M (-59.3%)
Algeria-$6.12M (-82.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Malt Extract were:
Netherlands $3.83B
Germany $2.29B
France $2.23B
In 2022, Malaysia's main importing competitors in Malt Extract were:
China $4.66B
United States $1.39B
Germany $876M

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Trade Value of Malt Extract by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $20.3M
TOP IMPORT POTENTIALSingapore+ $7.69M

Malt Extract’s highest export potential is China. With an export gap of $20.3M.   Malt Extract’s highest import potential is Singapore with an import gap of $7.69M.

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