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2023
Exports $86.2MWorld Rnk 20 / 175
Flag Rnk 282 / 1208
2023
Destination $1.95M China
2022 - 2023
FASTEST GROWING MARKET $1.95MAustralia
2023
PRODUCT COMPLEXITY IN Other Sugars-0.21Rnk 619 / 1025
2023
Imports $104MWorld Rnk 26 / 220
Flag Rnk 323 / 1211
2023
Origin $3.39M China
2022 - 2023
FASTEST GROWING ORIGIN $3.39MChina
2023
ECONOMIC COMPLEXITY of Malaysia1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $86.2M in Other Sugars, making it the 20th largest exporter of Other Sugars in the world. At the same year, Other Sugars was the 282nd most exported product in Malaysia. The main destination of Other Sugars exports from Malaysia are: China ($20.1M), Singapore ($19M), Indonesia ($13M), Philippines ($8.91M), and Australia ($4.67M).

The fastest growing export markets for Other Sugars of Malaysia between 2022 and 2023 were Australia ($1.95M), Russia ($667k), and Germany ($521k).

Imports In 2023, Malaysia imported $104M in Other Sugars, becoming the 26th largest importer of Other Sugars in the world. At the same year, Other Sugars was the 323rd most imported product in Malaysia. Malaysia imports Other Sugars primarily from: China ($68.1M), Thailand ($7.09M), Turkey ($4.01M), United States ($3.93M), and India ($3.73M).

The fastest growing import markets in Other Sugars for Malaysia between 2022 and 2023 were China ($3.39M), Slovakia ($488k), and South Korea ($387k).

COMPANIES In 2023, leading companies such as Lollicup (3), Continental Tire (1), and ReaderLink (1) were at the forefront of shipping Other Sugars from Malaysia to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Malaysia's Other Sugars exports accounted up to MYR27.1M and imports accounted up to MYR52.3M, resulting in a negative trade balance of MYR25.3M. Between November 2023 and November 2024 the exports of Malaysia's   Other Sugars have decreased by MYR-6.96M (-20.5%) from MYR34M to MYR27.1M, while imports increased by MYR3.55M (7.27%) from MYR48.8M to MYR52.3M.

Destinations In November 2024, Other Sugars were exported mostly to Singapore (MYR6.95M), Philippines (MYR3.57M), Indonesia (MYR3.52M), China (MYR2.93M), and Australia (MYR2.72M), and were imported mostly from China (MYR38.8M), Thailand (MYR4.1M), United States (MYR1.66M), Indonesia (MYR887k), and Finland (MYR695k).

Growth In November 2024, the decrease in Other Sugars's year-by-year exports was explained primarily by a decrease in exports to Singapore (MYR-2.01M or -24.2%), United States (MYR-1.27M or -90.4%), and Vietnam (MYR-916k or -68.8%). In November 2024, the increase in Other Sugars's year-by-year imports was explained primarily by an increase in imports from Netherlands (MYR2.58M or 102%), United States (MYR684k or 51.7%), and Australia (MYR422k or 144%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)MYR-6.96M(-20.5%)
IMPORT GROWTH (November 2023 - November 2024)MYR3.55M(7.27%)
MAIN DESTINATION (November 2024)SingaporeMYR6.95M

This section shows Other Sugars'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 Sugars over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$86.2M
IMPORTS (2023)$104M
NET TRADE (2023)-$17.7M

In 2023, Malaysia exported $86.2M in Other Sugars. The main destinations of Malaysia exports on Other Sugars were China ($20.1M), Singapore ($19M), Indonesia ($13M), Philippines ($8.91M), and Australia ($4.67M).

In 2023, Malaysia imported $104M in Other Sugars, mainly from China ($68.1M), Thailand ($7.09M), Turkey ($4.01M), United States ($3.93M), and India ($3.73M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Sugars EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
Australia$1.95M (71.9%)
Russia$667k (69.5%)
Germany$521k (52.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Sugars BY Malaysia WERE (2022 - 2023):
Indonesia-$2.04M (-13.5%)
China-$2.02M (-9.14%)
Singapore-$2M (-9.55%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Other Sugars were:
United States $1.54B
China $1.26B
France $1.2B
In 2023, Malaysia's main importing competitors in Other Sugars were:
China $1.16B
Germany $1.04B
United States $840M

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Trade Value of Other Sugars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $6.73M
TOP IMPORT POTENTIALThailand+ $5.91M

Other Sugars’s highest export potential is China. With an export gap of $6.73M.   Other Sugars’s highest import potential is Thailand with an import gap of $5.91M.

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