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2022
Exports $148MWorld Rnk 26 / 171
Flag Rnk 229 / 1198
2022
Destination $8.72M Vietnam
2021 - 2022
FASTEST GROWING MARKET $8.72MPhilippines
2022
PRODUCT COMPLEXITY IN Raw Sugar-1.78Rnk 979 / 1025
2022
Imports $844MWorld Rnk 8 / 224
Flag Rnk 66 / 1203
2022
Origin $130M Brazil
2021 - 2022
FASTEST GROWING ORIGIN $130MThailand
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $148M in Raw Sugar, making it the 26th largest exporter of Raw Sugar in the world. At the same year, Raw Sugar was the 229th most exported product in Malaysia. The main destination of Raw Sugar exports from Malaysia are: Vietnam ($76M), Singapore ($15.2M), Philippines ($9.89M), Fiji ($6.69M), and Chinese Taipei ($6.63M).

The fastest growing export markets for Raw Sugar of Malaysia between 2021 and 2022 were Philippines ($8.72M), Singapore ($6.53M), and Fiji ($6.08M).

Imports In 2022, Malaysia imported $844M in Raw Sugar, becoming the 8th largest importer of Raw Sugar in the world. At the same year, Raw Sugar was the 66th most imported product in Malaysia. Malaysia imports Raw Sugar primarily from: Brazil ($386M), India ($214M), Thailand ($197M), South Africa ($34.9M), and China ($4.44M).

The fastest growing import markets in Raw Sugar for Malaysia between 2021 and 2022 were Thailand ($130M), India ($76.8M), and South Africa ($21.3M).

COMPANIES In 2023, leading companies such as ReaderLink (1) were at the forefront of shipping Raw Sugar from Malaysia to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Malaysia's Raw Sugar exports accounted up to MYR68.7M and imports accounted up to MYR546M, resulting in a negative trade balance of MYR477M. Between August 2023 and August 2024 the exports of Malaysia's   Raw Sugar have decreased by MYR-4.96M (-6.73%) from MYR73.6M to MYR68.7M, while imports increased by MYR17.7M (3.35%) from MYR528M to MYR546M.

Destinations In August 2024, Raw Sugar were exported mostly to China (MYR16.5M), Thailand (MYR9.65M), Philippines (MYR8.75M), Singapore (MYR7.3M), and Chinese Taipei (MYR5.85M), and were imported mostly from Brazil (MYR388M), Thailand (MYR127M), India (MYR21.1M), South Korea (MYR4.92M), and Indonesia (MYR2.9M).

Growth In August 2024, the decrease in Raw Sugar's year-by-year exports was explained primarily by a decrease in exports to Vietnam (MYR-62.4M or -99.5%), New Zealand (MYR-1.98M or -87.4%), and Pakistan (MYR-640k or -53.7%). In August 2024, the increase in Raw Sugar's year-by-year imports was explained primarily by an increase in imports from Brazil (MYR65.3M or 130%) and Thailand (MYR42.7M or 410%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)MYR-4.96M(-6.73%)
IMPORT GROWTH (August 2023 - August 2024)MYR17.7M(3.35%)
MAIN DESTINATION (August 2024)ChinaMYR16.5M

This section shows Raw Sugar'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 Raw Sugar over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$148M
IMPORTS (2022)$844M
NET TRADE (2022)-$696M

In 2022, Malaysia exported $148M in Raw Sugar. The main destinations of Malaysia exports on Raw Sugar were Vietnam ($76M), Singapore ($15.2M), Philippines ($9.89M), Fiji ($6.69M), and Chinese Taipei ($6.63M).

In 2022, Malaysia imported $844M in Raw Sugar, mainly from Brazil ($386M), India ($214M), Thailand ($197M), South Africa ($34.9M), and China ($4.44M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Sugar EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Philippines$8.72M (743%)
Singapore$6.53M (75.2%)
Fiji$6.08M (997%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Sugar BY Malaysia WERE (2021 - 2022):
Vietnam-$40.9M (-35%)
South Korea-$3.51M (-46.7%)
Syria-$1.33M (-80%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Raw Sugar were:
Brazil $11.5B
India $6.03B
Thailand $3.22B
In 2022, Malaysia's main importing competitors in Raw Sugar were:
Indonesia $2.37B
China $2.25B
United States $1.94B

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Trade Value of Raw Sugar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $6.82M
TOP IMPORT POTENTIALThailand+ $29.4M

Raw Sugar’s highest export potential is China. With an export gap of $6.82M.   Raw Sugar’s highest import potential is Thailand with an import gap of $29.4M.

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