2023
Exports
$485kWorld Rnk 64 / 160
Flag Rnk 1020 / 1208
2023
PRODUCT COMPLEXITY IN Pure Olive Oil
-0.73Rnk 765 / 1025
2023
Imports
$11.1MWorld Rnk 56 / 221
Flag Rnk 788 / 1211
2023
ECONOMIC COMPLEXITY of Malaysia
1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $485k in Pure Olive Oil, making it the 64th largest exporter of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 1020th most exported product in Malaysia. The main destination of Pure Olive Oil exports from Malaysia are: Qatar ($174k), United Arab Emirates ($139k), Maldives ($53.7k), Philippines ($21.5k), and Singapore ($20.5k).

The fastest growing export markets for Pure Olive Oil of Malaysia between 2022 and 2023 were United Arab Emirates ($139k), Philippines ($21.5k), and Thailand ($13.1k).

Imports In 2023, Malaysia imported $11.1M in Pure Olive Oil, becoming the 56th largest importer of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 788th most imported product in Malaysia. Malaysia imports Pure Olive Oil primarily from: Spain ($3.7M), Italy ($3.47M), Morocco ($2.31M), Turkey ($731k), and Jordan ($339k).

The fastest growing import markets in Pure Olive Oil for Malaysia between 2022 and 2023 were Morocco ($2.04M), Spain ($801k), and Italy ($383k).

COMPANIES In 2023, leading companies such as Walong Marketing (6), Tesla (3), and Panasonic (1) were at the forefront of shipping Pure Olive Oil from Malaysia to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)MYR-73.7k(-83.2%)
IMPORT GROWTH (November 2023 - November 2024)MYR5.91M(131%)
MAIN DESTINATION (November 2024)Chinese TaipeiMYR7.57k

This section shows Pure Olive Oil'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 Pure Olive Oil over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$485k
IMPORTS (2023)$11.1M
NET TRADE (2023)-$10.7M

In 2023, Malaysia exported $485k in Pure Olive Oil. The main destinations of Malaysia exports on Pure Olive Oil were Qatar ($174k), United Arab Emirates ($139k), Maldives ($53.7k), Philippines ($21.5k), and Singapore ($20.5k).

In 2023, Malaysia imported $11.1M in Pure Olive Oil, mainly from Spain ($3.7M), Italy ($3.47M), Morocco ($2.31M), Turkey ($731k), and Jordan ($339k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Pure Olive Oil EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
Philippines$21.5k (1%)
Thailand$13.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pure Olive Oil BY Malaysia WERE (2022 - 2023):
Qatar-$183k (-51.2%)
Australia-$14.4k (-66%)
Brunei-$8.85k (-37.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Pure Olive Oil were:
Spain $4.69B
Italy $2.14B
Greece $1.35B
In 2023, Malaysia's main importing competitors in Pure Olive Oil were:

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Trade Value of Pure Olive Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $55.9k
TOP IMPORT POTENTIALSpain+ $1.07M

Pure Olive Oil’s highest export potential is Indonesia. With an export gap of $55.9k.   Pure Olive Oil’s highest import potential is Spain with an import gap of $1.07M.

See methodology.

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