Rice in Malaysia | The Observatory of Economic Complexity

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Exports In 2022, Malaysia exported $32M in Rice, making it the 39th largest exporter of Rice in the world. At the same year, Rice was the 437th most exported product in Malaysia. The main destination of Rice exports from Malaysia are: Indonesia ($31.1M), Benin ($652k), Ethiopia ($94.7k), Singapore ($52.1k), and Maldives ($21.6k).

The fastest growing export markets for Rice of Malaysia between 2021 and 2022 were Benin ($550k), China ($3k), and India ($1.09k).

Imports In 2022, Malaysia imported $587M in Rice, becoming the 13th largest importer of Rice in the world. At the same year, Rice was the 89th most imported product in Malaysia. Malaysia imports Rice primarily from: Vietnam ($197M), Pakistan ($163M), India ($132M), Thailand ($58.4M), and Cambodia ($33.5M).

The fastest growing import markets in Rice for Malaysia between 2021 and 2022 were Vietnam ($58.9M), Pakistan ($36.5M), and Cambodia ($4.25M).

Latest Trends

September 2024

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Overview In September 2024 Malaysia's Rice exports accounted up to MYR28.6M and imports accounted up to MYR192M, resulting in a negative trade balance of MYR164M. Between September 2023 and September 2024 the exports of Malaysia's Rice have increased by MYR16.8M (143%) from MYR11.8M to MYR28.6M, while imports decreased by MYR-154M (-44.5%) from MYR347M to MYR192M.

Destinations In September 2024, Rice were exported mostly to Indonesia (MYR28.6M), Brunei (MYR5.04k), and Spain (MYR30), and were imported mostly from Vietnam (MYR103M), India (MYR37.2M), Pakistan (MYR29.7M), Thailand (MYR18.1M), and Cambodia (MYR3.95M).

Growth In September 2024, the increase in Rice's year-by-year exports was explained primarily by an increase in exports to Indonesia (MYR15.3M or 146%) and Singapore (MYR15.1k or 42.8%). In September 2024, the decrease in Rice's year-by-year imports was explained primarily by a decrease in imports from Pakistan (MYR-38M or -51.1%), Thailand (MYR-26.7M or -89.8%), and Cambodia (MYR-2.98M or -21.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2023 - September 2024)MYR16.8M(143%)

IMPORT GROWTH (September 2023 - September 2024)MYR-154M(-44.5%)

MAIN DESTINATION (September 2024)IndonesiaMYR28.6M

This section shows Rice'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 Rice over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$32M

IMPORTS (2022)$587M

NET TRADE (2022)-$555M

In 2022, Malaysia exported $32M in Rice. The main destinations of Malaysia exports on Rice were Indonesia ($31.1M), Benin ($652k), Ethiopia ($94.7k), Singapore ($52.1k), and Maldives ($21.6k).

In 2022, Malaysia imported $587M in Rice, mainly from Vietnam ($197M), Pakistan ($163M), India ($132M), Thailand ($58.4M), and Cambodia ($33.5M).

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