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2023
Exports $14.5MWorld Rnk 43 / 163
Flag Rnk 562 / 1208
2023
Destination $337 Brunei
2022 - 2023
FASTEST GROWING MARKET $337Maldives
2023
PRODUCT COMPLEXITY IN Bananas-1.96Rnk 995 / 1025
2023
Imports $18.9MWorld Rnk 66 / 203
Flag Rnk 684 / 1211
2023
Origin $5M Vietnam
2022 - 2023
FASTEST GROWING ORIGIN $5MVietnam
2023
ECONOMIC COMPLEXITY of Malaysia1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $14.5M in Bananas, making it the 43rd largest exporter of Bananas in the world. At the same year, Bananas was the 562nd most exported product in Malaysia. The main destination of Bananas exports from Malaysia are: Brunei ($7.87M), Singapore ($6.47M), United States ($171k), Maldives ($337), and New Zealand ($157).

The fastest growing export markets for Bananas of Malaysia between 2022 and 2023 were Maldives ($337).

Imports In 2023, Malaysia imported $18.9M in Bananas, becoming the 66th largest importer of Bananas in the world. At the same year, Bananas was the 684th most imported product in Malaysia. Malaysia imports Bananas primarily from: Vietnam ($11.6M), Philippines ($3.8M), Indonesia ($2.13M), Thailand ($1.23M), and Netherlands ($84.2k).

The fastest growing import markets in Bananas for Malaysia between 2022 and 2023 were Vietnam ($5M), Philippines ($563k), and Indonesia ($167k).

Latest Trends

December 2024

About

Overview In December 2024 Malaysia's Bananas exports accounted up to MYR2.84M and imports accounted up to MYR5.91M, resulting in a negative trade balance of MYR3.07M. Between December 2023 and December 2024 the exports of Malaysia's   Bananas have increased by MYR131k (4.84%) from MYR2.71M to MYR2.84M, while imports decreased by MYR-793k (-11.8%) from MYR6.7M to MYR5.91M.

Destinations In December 2024, Bananas were exported mostly to Singapore (MYR2.8M) and Brunei (MYR40.6k), and were imported mostly from Vietnam (MYR4.07M), Indonesia (MYR780k), Philippines (MYR730k), Thailand (MYR322k), and India (MYR5.07k).

Growth In December 2024, the increase in Bananas's year-by-year exports was explained primarily by an increase in exports to Singapore (MYR164k or 6.12%) and Brunei (MYR31.6k or 102%). In December 2024, the decrease in Bananas's year-by-year imports was explained primarily by a decrease in imports from Thailand (MYR-465k or -51.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)MYR131k(4.84%)
IMPORT GROWTH (December 2023 - December 2024)MYR-793k(-11.8%)
MAIN DESTINATION (December 2024)SingaporeMYR2.8M

This section shows Bananas'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 Bananas over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$14.5M
IMPORTS (2023)$18.9M
NET TRADE (2023)-$4.4M

In 2023, Malaysia exported $14.5M in Bananas. The main destinations of Malaysia exports on Bananas were Brunei ($7.87M), Singapore ($6.47M), United States ($171k), Maldives ($337), and New Zealand ($157).

In 2023, Malaysia imported $18.9M in Bananas, mainly from Vietnam ($11.6M), Philippines ($3.8M), Indonesia ($2.13M), Thailand ($1.23M), and Netherlands ($84.2k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Bananas EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):Maldives$337 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bananas BY Malaysia WERE (2022 - 2023):
Singapore-$1.65M (-20.3%)
Brunei-$1.26M (-13.8%)
United States-$738k (-81.2%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Bananas were:
Ecuador $4.51B
Costa Rica $1.74B
Guatemala $1.55B
In 2023, Malaysia's main importing competitors in Bananas were:
United States $2.99B
China $1.21B
Japan $940M

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Trade Value of Bananas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.03M
TOP IMPORT POTENTIALPhilippines+ $1.81M

Bananas’s highest export potential is United States. With an export gap of $1.03M.   Bananas’s highest import potential is Philippines with an import gap of $1.81M.

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