2023
Exports
$52.6MWorld Rnk 31 / 146
Flag Rnk 356 / 1208
2023
PRODUCT COMPLEXITY IN Processed Tobacco
-0.78Rnk 777 / 1025
2023
Imports
$28.7MWorld Rnk 64 / 214
Flag Rnk 598 / 1211
2023
ECONOMIC COMPLEXITY of Malaysia
1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $52.6M in Processed Tobacco, making it the 31st largest exporter of Processed Tobacco in the world. At the same year, Processed Tobacco was the 356th most exported product in Malaysia. The main destination of Processed Tobacco exports from Malaysia are: Belgium ($9.09M), Thailand ($8.14M), Philippines ($6.32M), Netherlands ($3.8M), and Portugal ($3.16M).

The fastest growing export markets for Processed Tobacco of Malaysia between 2022 and 2023 were Thailand ($8.14M), Belgium ($5.67M), and Portugal ($3.1M).

Imports In 2023, Malaysia imported $28.7M in Processed Tobacco, becoming the 64th largest importer of Processed Tobacco in the world. At the same year, Processed Tobacco was the 598th most imported product in Malaysia. Malaysia imports Processed Tobacco primarily from: Indonesia ($13.5M), India ($5.29M), South Korea ($1.94M), Denmark ($1.34M), and China ($1.07M).

The fastest growing import markets in Processed Tobacco for Malaysia between 2022 and 2023 were Indonesia ($10M), India ($2.07M), and China ($688k).

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)MYR-1.69M(-14.2%)
IMPORT GROWTH (November 2023 - November 2024)MYR3.55M(90.9%)
MAIN DESTINATION (November 2024)GreeceMYR3.41M

This section shows Processed Tobacco'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 Tobacco over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$52.6M
IMPORTS (2023)$28.7M
NET TRADE (2023)$23.9M

In 2023, Malaysia exported $52.6M in Processed Tobacco. The main destinations of Malaysia exports on Processed Tobacco were Belgium ($9.09M), Thailand ($8.14M), Philippines ($6.32M), Netherlands ($3.8M), and Portugal ($3.16M).

In 2023, Malaysia imported $28.7M in Processed Tobacco, mainly from Indonesia ($13.5M), India ($5.29M), South Korea ($1.94M), Denmark ($1.34M), and China ($1.07M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Processed Tobacco EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
Thailand$8.14M (316k%)
Belgium$5.67M (166%)
Portugal$3.1M (4.99k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Tobacco BY Malaysia WERE (2022 - 2023):
Indonesia-$1.66M (-38.4%)
Netherlands-$772k (-16.9%)
South Korea-$726k (-66.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Processed Tobacco were:
Italy $1.97B
Romania $1.35B
Germany $1.26B
In 2023, Malaysia's main importing competitors in Processed Tobacco were:

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Trade Value of Processed Tobacco by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $1.51M
TOP IMPORT POTENTIALIndonesia+ $1.43M

Processed Tobacco’s highest export potential is Indonesia. With an export gap of $1.51M.   Processed Tobacco’s highest import potential is Indonesia with an import gap of $1.43M.

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