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2022
Exports $556MWorld Rnk 37 / 217
Flag Rnk 38 / 96
2022
Destination $20.4M Singapore
2021 - 2022
FASTEST GROWING MARKET $20.4MSingapore
2022
PRODUCT COMPLEXITY IN Beverages, spirits, & vinegar0.2Rnk 488 / 1025
2022
Imports $553MWorld Rnk 45 / 225
Flag Rnk 58 / 96
2022
Origin $38.1M Singapore
2021 - 2022
FASTEST GROWING ORIGIN $38.1MSingapore
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $556M in Beverages, spirits, & vinegar, making it the 37th largest exporter of Beverages, spirits, & vinegar in the world. At the same year, Beverages, spirits, & vinegar was the 38th most exported product in Malaysia. The main destination of Beverages, spirits, & vinegar exports from Malaysia are: Singapore ($285M), Indonesia ($73M), Thailand ($43.3M), Brunei ($23M), and China ($14.7M).

The fastest growing export markets for Beverages, spirits, & vinegar of Malaysia between 2021 and 2022 were Singapore ($20.4M), Indonesia ($17.8M), and Thailand ($11.1M).

Imports In 2022, Malaysia imported $553M in Beverages, spirits, & vinegar, becoming the 45th largest importer of Beverages, spirits, & vinegar in the world. At the same year, Beverages, spirits, & vinegar was the 58th most imported product in Malaysia. Malaysia imports Beverages, spirits, & vinegar primarily from: Singapore ($110M), France ($72.2M), Australia ($59.6M), United Kingdom ($55.3M), and China ($47M).

The fastest growing import markets in Beverages, spirits, & vinegar for Malaysia between 2021 and 2022 were Singapore ($38.1M), United Kingdom ($22.2M), and Thailand ($20.6M).

COMPANIES In 2023, leading companies such as Walong Marketing (13) were at the forefront of shipping Beverages, spirits, & vinegar from Malaysia to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Beverages, spirits, & vinegar exports accounted up to MYR213M and imports accounted up to MYR219M, resulting in a negative trade balance of MYR5.48M. Between June 2023 and June 2024 the exports of Malaysia's   Beverages, spirits, & vinegar have decreased by MYR-3.09M (-1.43%) from MYR217M to MYR213M, while imports decreased by MYR-47.7M (-17.9%) from MYR267M to MYR219M.

Destinations In June 2024, Beverages, spirits, & vinegar were exported mostly to Singapore (MYR108M), Thailand (MYR13.2M), China (MYR10.6M), Australia (MYR8.69M), and United States (MYR8.6M), and were imported mostly from France (MYR67.4M), Thailand (MYR34.2M), United Kingdom (MYR29.3M), Singapore (MYR23.5M), and China (MYR10.9M).

Growth In June 2024, the decrease in Beverages, spirits, & vinegar's year-by-year exports was explained primarily by a decrease in exports to Hong Kong (MYR-6.92M or -61.9%), Vietnam (MYR-4.31M or -78.7%), and Cambodia (MYR-2.5M or -47.9%). In June 2024, the decrease in Beverages, spirits, & vinegar's year-by-year imports was explained primarily by a decrease in imports from United States (MYR-4.38M or -36%), Australia (MYR-3.83M or -10.1%), and Ireland (MYR-1.98M or -67.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR-3.09M(-1.43%)
IMPORT GROWTH (June 2023 - June 2024)MYR-47.7M(-17.9%)
MAIN DESTINATION (June 2024)SingaporeMYR108M

This section shows Beverages, spirits, & vinegar'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 Beverages, spirits, & vinegar over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$556M
IMPORTS (2022)$553M
NET TRADE (2022)$2.86M

In 2022, Malaysia exported $556M in Beverages, spirits, & vinegar. The main destinations of Malaysia exports on Beverages, spirits, & vinegar were Singapore ($285M), Indonesia ($73M), Thailand ($43.3M), Brunei ($23M), and China ($14.7M).

In 2022, Malaysia imported $553M in Beverages, spirits, & vinegar, mainly from Singapore ($110M), France ($72.2M), Australia ($59.6M), United Kingdom ($55.3M), and China ($47M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Beverages, spirits, & vinegar EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Singapore$20.4M (7.7%)
Indonesia$17.8M (32.3%)
Thailand$11.1M (34.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Beverages, spirits, & vinegar BY Malaysia WERE (2021 - 2022):
Vietnam-$9.59M (-49.6%)
Hong Kong-$6.95M (-32.6%)
Macau-$3.31M (-51%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Beverages, spirits, & vinegar were:
France $22.4B
Italy $12.6B
Mexico $11.8B
In 2022, Malaysia's main importing competitors in Beverages, spirits, & vinegar were:
United States $30B
United Kingdom $9.32B
Germany $9.29B

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Trade Value of Beverages, spirits, & vinegar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $17.3M
TOP IMPORT POTENTIALFrance+ $13.6M

Beverages, spirits, & vinegar’s highest export potential is China. With an export gap of $17.3M.   Beverages, spirits, & vinegar’s highest import potential is France with an import gap of $13.6M.

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