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Exports In 2022, Malaysia exported $7.13M in Vegetable waxes and beeswax, making it the 12th largest exporter of Vegetable waxes and beeswax in the world. At the same year, Vegetable waxes and beeswax was the 682nd most exported product in Malaysia. The main destination of Vegetable waxes and beeswax exports from Malaysia are: India ($3.35M), Australia ($856k), United States ($845k), Canada ($675k), and Singapore ($297k).

The fastest growing export markets for Vegetable waxes and beeswax of Malaysia between 2021 and 2022 were India ($665k), United Kingdom ($288k), and Canada ($62.4k).

Imports In 2022, Malaysia imported $1.12M in Vegetable waxes and beeswax, becoming the 37th largest importer of Vegetable waxes and beeswax in the world. At the same year, Vegetable waxes and beeswax was the 1075th most imported product in Malaysia. Malaysia imports Vegetable waxes and beeswax primarily from: Japan ($516k), United States ($265k), Germany ($101k), Brazil ($68.7k), and China ($63.5k).

The fastest growing import markets in Vegetable waxes and beeswax for Malaysia between 2021 and 2022 were Japan ($158k), United States ($131k), and Germany ($45.1k).

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - June 2024)MYR368k(629%)
IMPORT GROWTH (June 2023 - June 2024)MYR117k(24%)
MAIN DESTINATION (June 2024)United StatesMYR427k

This section shows Vegetable waxes and beeswax'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 Vegetable waxes and beeswax over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$7.13M
IMPORTS (2022)$1.12M
NET TRADE (2022)$6.01M

In 2022, Malaysia exported $7.13M in Vegetable waxes and beeswax. The main destinations of Malaysia exports on Vegetable waxes and beeswax were India ($3.35M), Australia ($856k), United States ($845k), Canada ($675k), and Singapore ($297k).

In 2022, Malaysia imported $1.12M in Vegetable waxes and beeswax, mainly from Japan ($516k), United States ($265k), Germany ($101k), Brazil ($68.7k), and China ($63.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vegetable waxes and beeswax EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
India$665k (24.8%)
United Kingdom$288k (1%)
Canada$62.4k (10.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vegetable waxes and beeswax BY Malaysia WERE (2021 - 2022):
United States-$649k (-43.5%)
China-$501k (-91.7%)
Lithuania-$346k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Vegetable waxes and beeswax were:
Brazil $98.5M
China $60.4M
Germany $33.7M
In 2022, Malaysia's main importing competitors in Vegetable waxes and beeswax were:

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Trade Value of Vegetable waxes and beeswax by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $242k
TOP IMPORT POTENTIALChina+ $75.5k

Vegetable waxes and beeswax’s highest export potential is United States. With an export gap of $242k.   Vegetable waxes and beeswax’s highest import potential is China with an import gap of $75.5k.

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