Other Prepared Meat in Malaysia 2021 Exports | Imports : $154M | $36.6M, World Rnk 20 / 163 Rnk 212 / 1201 | World Rnk 48 / 222 Rnk 557 / 1208
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $3.37M | $8.78M, Kuwait | China
2021 ECONOMIC COMPLEXITY of Malaysia: 1.09, Rnk 24 / 131
2021 PRODUCT COMPLEXITY IN Other Prepared Meat: -0.2, Rnk 618 / 1029
Exports In 2021, Malaysia exported $154M in Other Prepared Meat, making it the 20th largest exporter of Other Prepared Meat in the world. At the same year, Other Prepared Meat was the 212th most exported product in Malaysia. The main destination of Other Prepared Meat exports from Malaysia are: Saudi Arabia ($68.5M), Singapore ($28M), United Arab Emirates ($16.3M), Kuwait ($10.3M), and Qatar ($7.94M).
The fastest growing export markets for Other Prepared Meat of Malaysia between 2020 and 2021 were Kuwait ($3.37M), Qatar ($2.78M), and Singapore ($2.47M).
Imports In 2021, Malaysia imported $36.6M in Other Prepared Meat, becoming the 48th largest importer of Other Prepared Meat in the world. At the same year, Other Prepared Meat was the 557th most imported product in Malaysia. Malaysia imports Other Prepared Meat primarily from: China ($14.2M), Singapore ($6.42M), South Korea ($5.21M), Saudi Arabia ($5.06M), and Denmark ($3.69M).
The fastest growing import markets in Other Prepared Meat for Malaysia between 2020 and 2021 were China ($8.78M), Saudi Arabia ($4.06M), and South Korea ($2.79M).
Tariffs In 2016, the average tariff for Malaysia in Other Prepared Meat was 1.62%. The countries with the highest import tariffs for Other Prepared Meat were Angola (Most Favoured Nation duty rate treatment, 1.62%), Burundi (Most Favoured Nation duty rate treatment, 1.62%), Benin (Most Favoured Nation duty rate treatment, 1.62%), Burkina Faso (Most Favoured Nation duty rate treatment, 1.62%), and Botswana (Most Favoured Nation duty rate treatment, 1.62%).
September 2020
Overview In September 2020 Malaysia's Other Prepared Meat exports accounted up to MYR42.6M and imports accounted up to MYR4.97M, resulting in a positive trade balance of MYR37.6M. Between September 2019 and September 2020 the exports of Malaysia's Other Prepared Meat have decreased by MYR-7.59M (-15.1%) from MYR50.1M to MYR42.6M, while imports increased by MYR1.28M (34.5%) from MYR3.69M to MYR4.97M.
Destinations In September 2020, Other Prepared Meat were exported mostly to Saudi Arabia (MYR18.6M), Singapore (MYR8.22M), United Arab Emirates (MYR5.97M), Kuwait (MYR2.41M), and Qatar (MYR2.1M), and were imported mostly from Singapore (MYR3.58M), Denmark (MYR953k), Thailand (MYR235k), China (MYR180k), and Brazil (MYR25.1k).
Growth In September 2020, the decrease in Other Prepared Meat's year-by-year exports was explained primarily by a decrease in exports to Vietnam (MYR-1.48M or -92.8%), Pakistan (MYR-1.33M or -84%), and Kuwait (MYR-715k or -14.2%). In September 2020, the increase in Other Prepared Meat's year-by-year imports was explained primarily by an increase in imports from France (MYR282k or 123%).
EXPORT GROWTH (September 2019 - September 2020): MYR-7.59M, (-15.1%)
IMPORT GROWTH (September 2019 - September 2020): MYR1.28M, (34.5%)
MAIN DESTINATION (September 2020): Saudi Arabia, MYR18.6M
This section shows Other Prepared Meat'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 Other Prepared Meat over time.
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EXPORTS (2021): $154M
IMPORTS (2021): $36.6M
NET TRADE (2021): $118M
In 2021, Malaysia exported $154M in Other Prepared Meat. The main destinations of Malaysia exports on Other Prepared Meat were Saudi Arabia ($68.5M), Singapore ($28M), United Arab Emirates ($16.3M), Kuwait ($10.3M), and Qatar ($7.94M).
In 2021, Malaysia imported $36.6M in Other Prepared Meat, mainly from China ($14.2M), Singapore ($6.42M), South Korea ($5.21M), Saudi Arabia ($5.06M), and Denmark ($3.69M).
THE FASTEST GROWING Other Prepared Meat EXPORT MARKETS FOR Malaysia WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Prepared Meat BY Malaysia WERE (2020 - 2021):
In 2021, Malaysia's main exporting competitors in Other Prepared Meat were:
In 2021, Malaysia's main importing competitors in Other Prepared Meat were:
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