Preparations of cereals, flour, starch or milk in Malaysia | The Observatory of Economic Complexity

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Exports In 2022, Malaysia exported $1.77B in Preparations of cereals, flour, starch or milk, making it the 16th largest exporter of Preparations of cereals, flour, starch or milk in the world. At the same year, Preparations of cereals, flour, starch or milk was the 24th most exported product in Malaysia. The main destination of Preparations of cereals, flour, starch or milk exports from Malaysia are: Singapore ($220M), Philippines ($148M), Indonesia ($136M), Thailand ($109M), and Australia ($100M).

The fastest growing export markets for Preparations of cereals, flour, starch or milk of Malaysia between 2021 and 2022 were Philippines ($35.5M), Indonesia ($24.6M), and Vietnam ($22.3M).

Imports In 2022, Malaysia imported $976M in Preparations of cereals, flour, starch or milk, becoming the 21st largest importer of Preparations of cereals, flour, starch or milk in the world. At the same year, Preparations of cereals, flour, starch or milk was the 43rd most imported product in Malaysia. Malaysia imports Preparations of cereals, flour, starch or milk primarily from: Indonesia ($205M), Thailand ($203M), Singapore ($108M), China ($87.5M), and New Zealand ($50.3M).

The fastest growing import markets in Preparations of cereals, flour, starch or milk for Malaysia between 2021 and 2022 were Indonesia ($27.1M), Thailand ($15.6M), and Singapore ($15.5M).

COMPANIES In 2023, leading companies such as Walong Marketing (22), Panasonic (1), and Loblaws Supermarkets (1) were at the forefront of shipping Preparations of cereals, flour, starch or milk from Malaysia to the United States.

Latest Trends

June 2024

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Overview In June 2024 Malaysia's Preparations of cereals, flour, starch or milk exports accounted up to MYR712M and imports accounted up to MYR401M, resulting in a positive trade balance of MYR312M. Between June 2023 and June 2024 the exports of Malaysia's Preparations of cereals, flour, starch or milk have decreased by MYR-174k (-0.024%) from MYR713M to MYR712M, while imports increased by MYR23.9M (6.34%) from MYR377M to MYR401M.

Destinations In June 2024, Preparations of cereals, flour, starch or milk were exported mostly to Singapore (MYR88.7M), Philippines (MYR69.6M), Indonesia (MYR52.8M), Thailand (MYR43.3M), and Japan (MYR40.4M), and were imported mostly from Indonesia (MYR107M), Thailand (MYR83.1M), Singapore (MYR32.6M), China (MYR29.7M), and New Zealand (MYR28.6M).

Growth In June 2024, the decrease in Preparations of cereals, flour, starch or milk's year-by-year exports was explained primarily by a decrease in exports to Indonesia (MYR-11.4M or -27.4%), Vietnam (MYR-8.71M or -39.4%), and Brunei (MYR-8.18M or -31.5%). In June 2024, the increase in Preparations of cereals, flour, starch or milk's year-by-year imports was explained primarily by an increase in imports from Singapore (MYR10.9M or 34.2%), Philippines (MYR7.04M or 40.5%), and Italy (MYR3.73M or 149%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)MYR-174k(-0.024%)

IMPORT GROWTH (June 2023 - June 2024)MYR23.9M(6.34%)

MAIN DESTINATION (June 2024)SingaporeMYR88.7M

This section shows Preparations of cereals, flour, starch or milk'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 Preparations of cereals, flour, starch or milk over time.

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