Tea in Malaysia | The Observatory of Economic Complexity

About

Exports In 2022, Malaysia exported $7.51M in Tea, making it the 49th largest exporter of Tea in the world. At the same year, Tea was the 675th most exported product in Malaysia. The main destination of Tea exports from Malaysia are: Thailand ($2.79M), Singapore ($1.14M), Brunei ($737k), Philippines ($409k), and China ($376k).

The fastest growing export markets for Tea of Malaysia between 2021 and 2022 were Thailand ($446k), India ($117k), and Kuwait ($108k).

Imports In 2022, Malaysia imported $202M in Tea, becoming the 12th largest importer of Tea in the world. At the same year, Tea was the 230th most imported product in Malaysia. Malaysia imports Tea primarily from: China ($154M), Indonesia ($12.9M), Kenya ($5.51M), Japan ($4.74M), and India ($4.21M).

The fastest growing import markets in Tea for Malaysia between 2021 and 2022 were Kenya ($1.81M), India ($1.19M), and Sri Lanka ($1.13M).

COMPANIES In 2023, leading companies such as Walong Marketing (28) were at the forefront of shipping Tea from Malaysia to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Malaysia's Tea exports accounted up to MYR4.6M and imports accounted up to MYR46.3M, resulting in a negative trade balance of MYR41.7M. Between August 2023 and August 2024 the exports of Malaysia's Tea have increased by MYR824k (21.8%) from MYR3.78M to MYR4.6M, while imports increased by MYR13.2M (39.8%) from MYR33.1M to MYR46.3M.

Destinations In August 2024, Tea were exported mostly to Thailand (MYR1.69M), Australia (MYR893k), Singapore (MYR676k), New Zealand (MYR410k), and Philippines (MYR368k), and were imported mostly from China (MYR23.6M), Indonesia (MYR4.4M), Japan (MYR4.24M), Kenya (MYR2.11M), and Sri Lanka (MYR2.09M).

Growth In August 2024, the increase in Tea's year-by-year exports was explained primarily by an increase in exports to Brunei (MYR193k or 90.3%), Philippines (MYR59.9k or 63%), and Hong Kong (MYR47.5k or 475%). In August 2024, the increase in Tea's year-by-year imports was explained primarily by an increase in imports from China (MYR1.7M or 26.3%), Hong Kong (MYR424k or 627%), and Vietnam (MYR339k or 19.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2023 - August 2024)MYR824k(21.8%)

IMPORT GROWTH (August 2023 - August 2024)MYR13.2M(39.8%)

MAIN DESTINATION (August 2024)ThailandMYR1.69M

This section shows Tea'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 Tea over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$7.51M

IMPORTS (2022)$202M

NET TRADE (2022)-$195M

In 2022, Malaysia exported $7.51M in Tea. The main destinations of Malaysia exports on Tea were Thailand ($2.79M), Singapore ($1.14M), Brunei ($737k), Philippines ($409k), and China ($376k).

In 2022, Malaysia imported $202M in Tea, mainly from China ($154M), Indonesia ($12.9M), Kenya ($5.51M), Japan ($4.74M), and India ($4.21M).

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