2022
Exports
$138MWorld Rnk 26 / 175
Flag Rnk 238 / 1198
2022
PRODUCT COMPLEXITY IN Processed Crustaceans
-1.65Rnk 967 / 1025
2022
Imports
$960MWorld Rnk 6 / 224
Flag Rnk 53 / 1203
2022
ECONOMIC COMPLEXITY of Malaysia
1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $138M in Processed Crustaceans, making it the 26th largest exporter of Processed Crustaceans in the world. At the same year, Processed Crustaceans was the 238th most exported product in Malaysia. The main destination of Processed Crustaceans exports from Malaysia are: China ($43.4M), Singapore ($32.8M), Australia ($13.6M), United Kingdom ($6.86M), and Hong Kong ($6.84M).

The fastest growing export markets for Processed Crustaceans of Malaysia between 2021 and 2022 were Turkey ($4.17M), Australia ($2.21M), and United States ($490k).

Imports In 2022, Malaysia imported $960M in Processed Crustaceans, becoming the 6th largest importer of Processed Crustaceans in the world. At the same year, Processed Crustaceans was the 53rd most imported product in Malaysia. Malaysia imports Processed Crustaceans primarily from: N/A.

The fastest growing import markets in Processed Crustaceans for Malaysia between 2021 and 2022 were China ($340M), Indonesia ($7.47M), and Hong Kong ($4.63M).

COMPANIES In 2023, leading companies such as Lawrence Wholesale (6) were at the forefront of shipping Processed Crustaceans from Malaysia to the United States.

Latest Trends

September 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)MYR-9.84M(-38.2%)
IMPORT GROWTH (September 2023 - September 2024)MYR-7.54M(-24.1%)
MAIN DESTINATION (September 2024)SingaporeMYR5.31M

This section shows Processed Crustaceans'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 Processed Crustaceans over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$138M
IMPORTS (2022)$960M
NET TRADE (2022)-$822M

In 2022, Malaysia exported $138M in Processed Crustaceans. The main destinations of Malaysia exports on Processed Crustaceans were China ($43.4M), Singapore ($32.8M), Australia ($13.6M), United Kingdom ($6.86M), and Hong Kong ($6.84M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Processed Crustaceans EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Turkey$4.17M (528%)
Australia$2.21M (19.4%)
United States$490k (17.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Crustaceans BY Malaysia WERE (2021 - 2022):
China-$11.5M (-21%)
Hong Kong-$6.13M (-47.3%)
Philippines-$2.29M (-89.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Processed Crustaceans were:
China $4.44B
Vietnam $2.42B
In 2022, Malaysia's main importing competitors in Processed Crustaceans were:

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Trade Value of Processed Crustaceans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.52M
TOP IMPORT POTENTIALVietnam+ $5.71M

Processed Crustaceans’s highest export potential is China. With an export gap of $3.52M.   Processed Crustaceans’s highest import potential is Vietnam with an import gap of $5.71M.

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