Olive Oil in Malaysia | The Observatory of Economic Complexity

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Exports In 2022, Malaysia exported $425k in Olive Oil, making it the 19th largest exporter of Olive Oil in the world. At the same year, Olive Oil was the 1026th most exported product in Malaysia. The main destination of Olive Oil exports from Malaysia are: Mongolia ($137k), Yemen ($133k), Fiji ($116k), United Arab Emirates ($36.9k), and Brunei ($2.03k).

The fastest growing export markets for Olive Oil of Malaysia between 2021 and 2022 were Mongolia ($137k), Yemen ($133k), and United Arab Emirates ($36.9k).

Imports In 2022, Malaysia imported $2.47M in Olive Oil, becoming the 37th largest importer of Olive Oil in the world. At the same year, Olive Oil was the 1013th most imported product in Malaysia. Malaysia imports Olive Oil primarily from: Italy ($1.25M), Spain ($1.13M), Singapore ($55.9k), Australia ($25.3k), and Turkey ($6.38k).

The fastest growing import markets in Olive Oil for Malaysia between 2021 and 2022 were Spain ($609k), Italy ($437k), and Singapore ($55.9k).

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

Latest Trends

April 2020

About

Overview In April 2020 Malaysia's Olive Oil exports accounted up to MYR9.02k and imports accounted up to MYR70.6k, resulting in a negative trade balance of MYR61.6k. Between November 2017 and April 2020 the exports of Malaysia's Olive Oil have decreased by MYR-981k (-99.1%) from MYR990k to MYR9.02k, while imports decreased by MYR-157k (-69%) from MYR228k to MYR70.6k.

Destinations In April 2020, Olive Oil were exported mostly to , and were imported mostly from Italy (MYR60.8k) and Spain (MYR9.85k).

Growth In April 2020, the decrease in Olive Oil's year-by-year exports was explained primarily by a decrease in exports to . In September 2020, the decrease in Olive Oil's year-by-year imports was explained primarily by a decrease in imports from Spain (MYR-93.1k or -54.8%) and Italy (MYR-53.5k or -79.2%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (November 2017 - April 2020)MYR-981k(-99.1%)

IMPORT GROWTH (August 2019 - September 2020)MYR-157k(-69%)

MAIN DESTINATION (April 2020)

This section shows Olive 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 Olive Oil over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$425k

IMPORTS (2022)$2.47M

NET TRADE (2022)-$2.04M

In 2022, Malaysia exported $425k in Olive Oil. The main destinations of Malaysia exports on Olive Oil were Mongolia ($137k), Yemen ($133k), Fiji ($116k), United Arab Emirates ($36.9k), and Brunei ($2.03k).

In 2022, Malaysia imported $2.47M in Olive Oil, mainly from Italy ($1.25M), Spain ($1.13M), Singapore ($55.9k), Australia ($25.3k), and Turkey ($6.38k).

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