2023
Exports
$2.19MWorld Rnk 59 / 123
Flag Rnk 868 / 1208
2023
PRODUCT COMPLEXITY IN Bovine Meat
-0.65Rnk 748 / 1025
2023
Imports
$41.3MWorld Rnk 50 / 203
Flag Rnk 520 / 1211
2023
ECONOMIC COMPLEXITY of Malaysia
1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $2.19M in Bovine Meat, making it the 59th largest exporter of Bovine Meat in the world. At the same year, Bovine Meat was the 868th most exported product in Malaysia. The main destination of Bovine Meat exports from Malaysia are: Thailand ($2.18M), Portugal ($3.04k), Maldives ($2.67k), and Namibia ($71).

The fastest growing export markets for Bovine Meat of Malaysia between 2022 and 2023 were Thailand ($560k), Portugal ($2.92k), and Maldives ($2.67k).

Imports In 2023, Malaysia imported $41.3M in Bovine Meat, becoming the 50th largest importer of Bovine Meat in the world. At the same year, Bovine Meat was the 520th most imported product in Malaysia. Malaysia imports Bovine Meat primarily from: Australia ($31.3M), Japan ($6.97M), Argentina ($1.62M), United States ($384k), and Singapore ($361k).

The fastest growing import markets in Bovine Meat for Malaysia between 2022 and 2023 were Singapore ($356k), Argentina ($346k), and India ($321k).

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)MYR-30.8k(-6.75%)
IMPORT GROWTH (December 2023 - December 2024)MYR1.83M(8.55%)
MAIN DESTINATION (December 2024)ThailandMYR376k

This section shows Bovine Meat'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 Bovine Meat over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$2.19M
IMPORTS (2023)$41.3M
NET TRADE (2023)-$39.2M

In 2023, Malaysia exported $2.19M in Bovine Meat. The main destinations of Malaysia exports on Bovine Meat were Thailand ($2.18M), Portugal ($3.04k), Maldives ($2.67k), and Namibia ($71).

In 2023, Malaysia imported $41.3M in Bovine Meat, mainly from Australia ($31.3M), Japan ($6.97M), Argentina ($1.62M), United States ($384k), and Singapore ($361k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Bovine Meat EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
Thailand$560k (34.5%)
Portugal$2.92k (2.52k%)
Maldives$2.67k (1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Bovine Meat were:
In 2023, Malaysia's main importing competitors in Bovine Meat were:

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Trade Value of Bovine Meat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.82k
TOP IMPORT POTENTIALArgentina+ $1.1M

Bovine Meat’s highest export potential is United States. With an export gap of $2.82k.   Bovine Meat’s highest import potential is Argentina with an import gap of $1.1M.

See methodology.

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