Exports In 2022, Malaysia exported $27.9B in Animal or vegetable fats, oils, & waxes, making it the 2nd largest exporter of Animal or vegetable fats, oils, & waxes in the world. At the same year, Animal or vegetable fats, oils, & waxes was the 4th most exported product in Malaysia. The main destination of Animal or vegetable fats, oils, & waxes exports from Malaysia are: India ($4.05B), China ($2.45B), Netherlands ($2.05B), Turkey ($1.23B), and Singapore ($1.05B).
The fastest growing export markets for Animal or vegetable fats, oils, & waxes of Malaysia between 2021 and 2022 were Japan ($374M), China ($332M), and Saudi Arabia ($317M).
Imports In 2022, Malaysia imported $5.16B in Animal or vegetable fats, oils, & waxes, becoming the 8th largest importer of Animal or vegetable fats, oils, & waxes in the world. At the same year, Animal or vegetable fats, oils, & waxes was the 9th most imported product in Malaysia. Malaysia imports Animal or vegetable fats, oils, & waxes primarily from: Indonesia ($3.18B), Thailand ($302M), China ($222M), Philippines ($214M), and India ($163M).
The fastest growing import markets in Animal or vegetable fats, oils, & waxes for Malaysia between 2021 and 2022 were Indonesia ($514M), India ($115M), and China ($101M).
COMPANIES In 2023, leading companies such as Walong Marketing (6), Tesla (3), and Wismettac Asian Foods (1) were at the forefront of shipping Animal or vegetable fats, oils, & waxes from Malaysia to the United States.