Animal Products in Malaysia | The Observatory of Economic Complexity

About

Exports In 2022, Malaysia exported $1.54B in Animal Products, making it the 44th largest exporter of Animal Products in the world. At the same year, Animal Products was the 16th most exported product in Malaysia. The main destination of Animal Products exports from Malaysia are: Singapore ($485M), China ($333M), Thailand ($98.1M), Hong Kong ($76.2M), and Chinese Taipei ($57.6M).

The fastest growing export markets for Animal Products of Malaysia between 2021 and 2022 were Turkey ($24.4M), Singapore ($15.6M), and Chinese Taipei ($14.8M).

Imports In 2022, Malaysia imported $3.87B in Animal Products, becoming the 25th largest importer of Animal Products in the world. At the same year, Animal Products was the 14th most imported product in Malaysia. Malaysia imports Animal Products primarily from: India ($665M), New Zealand ($624M), Australia ($445M), China ($288M), and Thailand ($261M).

The fastest growing import markets in Animal Products for Malaysia between 2021 and 2022 were New Zealand ($160M), India ($131M), and Thailand ($76.7M).

Latest Trends

March 2024

About

Overview In March 2024 Malaysia's Animal Products exports accounted up to MYR613M and imports accounted up to MYR1.69B, resulting in a negative trade balance of MYR1.08B. Between March 2023 and March 2024 the exports of Malaysia's Animal Products have decreased by MYR-79.5M (-11.5%) from MYR693M to MYR613M, while imports increased by MYR38.1M (2.31%) from MYR1.65B to MYR1.69B.

Destinations In March 2024, Animal Products were exported mostly to Singapore (MYR197M), China (MYR171M), Hong Kong (MYR34.5M), Thailand (MYR32.9M), and Turkey (MYR19.5M), and were imported mostly from India (MYR380M), Thailand (MYR235M), New Zealand (MYR225M), Australia (MYR182M), and Indonesia (MYR68.3M).

Growth In March 2024, the decrease in Animal Products's year-by-year exports was explained primarily by a decrease in exports to Vietnam (MYR-17.5M or -68.4%), Hong Kong (MYR-17.4M or -58.4%), and United Arab Emirates (MYR-7.1M or -61.7%). In March 2024, the increase in Animal Products's year-by-year imports was explained primarily by an increase in imports from Indonesia (MYR18.1M or 34.2%), Vietnam (MYR15.5M or 39.2%), and Ireland (MYR8.7M or 159%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)MYR-79.5M(-11.5%)

IMPORT GROWTH (March 2023 - March 2024)MYR38.1M(2.31%)

MAIN DESTINATION (March 2024)SingaporeMYR197M

This section shows Animal Products'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 Animal Products over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.54B

IMPORTS (2022)$3.87B

NET TRADE (2022)-$2.33B

In 2022, Malaysia exported $1.54B in Animal Products. The main destinations of Malaysia exports on Animal Products were Singapore ($485M), China ($333M), Thailand ($98.1M), Hong Kong ($76.2M), and Chinese Taipei ($57.6M).

In 2022, Malaysia imported $3.87B in Animal Products, mainly from India ($665M), New Zealand ($624M), Australia ($445M), China ($288M), and Thailand ($261M).

Explore Visualizations