2023
Exports
$36MWorld Rnk 17 / 159
Flag Rnk 409 / 1208
2023
PRODUCT COMPLEXITY IN Wood Charcoal
-1.31Rnk 902 / 1025
2023
Imports
$18.9MWorld Rnk 26 / 208
Flag Rnk 685 / 1211
2023
ECONOMIC COMPLEXITY of Malaysia
1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $36M in Wood Charcoal, making it the 17th largest exporter of Wood Charcoal in the world. At the same year, Wood Charcoal was the 409th most exported product in Malaysia. The main destination of Wood Charcoal exports from Malaysia are: Japan ($19.9M), Saudi Arabia ($5.83M), China ($1.73M), Chinese Taipei ($1.49M), and Greece ($1.49M).

The fastest growing export markets for Wood Charcoal of Malaysia between 2022 and 2023 were Singapore ($935k), Japan ($745k), and Turkey ($323k).

Imports In 2023, Malaysia imported $18.9M in Wood Charcoal, becoming the 26th largest importer of Wood Charcoal in the world. At the same year, Wood Charcoal was the 685th most imported product in Malaysia. Malaysia imports Wood Charcoal primarily from: Indonesia ($16.5M), Thailand ($1.08M), China ($811k), Vietnam ($186k), and South Korea ($161k).

The fastest growing import markets in Wood Charcoal for Malaysia between 2022 and 2023 were Indonesia ($4.8M), South Korea ($97.1k), and Laos ($30.9k).

COMPANIES In 2023, leading companies such as Wismettac Asian Foods (2) were at the forefront of shipping Wood Charcoal from Malaysia to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)MYR-88.7k(-1.76%)
IMPORT GROWTH (November 2023 - November 2024)MYR9.57M(241%)
MAIN DESTINATION (November 2024)JapanMYR1.75M

This section shows Wood Charcoal'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 Wood Charcoal over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$36M
IMPORTS (2023)$18.9M
NET TRADE (2023)$17.1M

In 2023, Malaysia exported $36M in Wood Charcoal. The main destinations of Malaysia exports on Wood Charcoal were Japan ($19.9M), Saudi Arabia ($5.83M), China ($1.73M), Chinese Taipei ($1.49M), and Greece ($1.49M).

In 2023, Malaysia imported $18.9M in Wood Charcoal, mainly from Indonesia ($16.5M), Thailand ($1.08M), China ($811k), Vietnam ($186k), and South Korea ($161k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wood Charcoal EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
Singapore$935k (250%)
Japan$745k (3.89%)
Turkey$323k (258%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Charcoal BY Malaysia WERE (2022 - 2023):
Saudi Arabia-$1.57M (-21.2%)
Greece-$1.36M (-47.8%)
South Korea-$887k (-78.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Wood Charcoal were:
In 2023, Malaysia's main importing competitors in Wood Charcoal were:

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Trade Value of Wood Charcoal by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.55M
TOP IMPORT POTENTIALIndonesia+ $1.72M

Wood Charcoal’s highest export potential is China. With an export gap of $1.55M.   Wood Charcoal’s highest import potential is Indonesia with an import gap of $1.72M.

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