Overview In June 2024 Malaysia's Biodiesel and mixtures thereof exports accounted up to MYR240M and imports accounted up to MYR27M, resulting in a positive trade balance of MYR213M. Between June 2023 and June 2024 the exports of Malaysia's Biodiesel and mixtures thereof have increased by MYR71.1M (42.1%) from MYR169M to MYR240M, while imports decreased by MYR-7.8M (-22.4%) from MYR34.8M to MYR27M.
Destinations In June 2024, Biodiesel and mixtures thereof were exported mostly to Italy (MYR91.5M), Netherlands (MYR79.3M), Spain (MYR35.7M), Singapore (MYR30.4M), and Hong Kong (MYR1.89M), and were imported mostly from Indonesia (MYR24.7M), China (MYR1.89M), Singapore (MYR455k), and Belgium (MYR36).
Growth In June 2024, the increase in Biodiesel and mixtures thereof's year-by-year exports was explained primarily by an increase in exports to Spain (MYR59.2M or 155%) and Singapore (MYR30.2k or 245%). In June 2024, the decrease in Biodiesel and mixtures thereof's year-by-year imports was explained primarily by a decrease in imports from .