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2023
Exports $509kWorld Rnk 64 / 145
Flag Rnk 1016 / 1208
2023
Destination $53.5k Maldives
2022 - 2023
FASTEST GROWING MARKET $53.5kBangladesh
2023
PRODUCT COMPLEXITY IN Buckwheat-1.65Rnk 966 / 1025
2023
Imports $6.15MWorld Rnk 36 / 208
Flag Rnk 879 / 1211
2023
Origin $519k United States
2022 - 2023
FASTEST GROWING ORIGIN $519kRussia
2023
ECONOMIC COMPLEXITY of Malaysia1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $509k in Buckwheat, making it the 64th largest exporter of Buckwheat in the world. At the same year, Buckwheat was the 1016th most exported product in Malaysia. The main destination of Buckwheat exports from Malaysia are: Maldives ($245k), Singapore ($85.1k), Chinese Taipei ($79.9k), Bangladesh ($53.5k), and Mauritius ($29.2k).

The fastest growing export markets for Buckwheat of Malaysia between 2022 and 2023 were Bangladesh ($53.5k), Mauritius ($23.6k), and Singapore ($16.3k).

Imports In 2023, Malaysia imported $6.15M in Buckwheat, becoming the 36th largest importer of Buckwheat in the world. At the same year, Buckwheat was the 879th most imported product in Malaysia. Malaysia imports Buckwheat primarily from: United States ($2.98M), Ukraine ($659k), Russia ($584k), India ($426k), and China ($403k).

The fastest growing import markets in Buckwheat for Malaysia between 2022 and 2023 were Russia ($519k), United States ($453k), and Australia ($157k).

Latest Trends

November 2024

About

Overview In November 2024 Malaysia's Buckwheat exports accounted up to MYR126k and imports accounted up to MYR1.26M, resulting in a negative trade balance of MYR1.13M. Between November 2023 and November 2024 the exports of Malaysia's   Buckwheat have decreased by MYR-222k (-63.7%) from MYR348k to MYR126k, while imports decreased by MYR-912k (-42.1%) from MYR2.17M to MYR1.26M.

Destinations In November 2024, Buckwheat were exported mostly to Bangladesh (MYR96.7k), Singapore (MYR26.1k), New Zealand (MYR950), Thailand (MYR929), and Indonesia (MYR910), and were imported mostly from United States (MYR647k), China (MYR253k), Peru (MYR199k), United Kingdom (MYR154k), and India (MYR1.21k).

Growth In November 2024, the decrease in Buckwheat's year-by-year exports was explained primarily by a decrease in exports to Singapore (MYR-7.13k or -33.6%). In November 2024, the decrease in Buckwheat's year-by-year imports was explained primarily by a decrease in imports from Ukraine (MYR-2.16M or -89.1%), China (MYR-286k or -66%), and Chinese Taipei (MYR-92.2k or -43.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)MYR-222k(-63.7%)
IMPORT GROWTH (November 2023 - November 2024)MYR-912k(-42.1%)
MAIN DESTINATION (November 2024)BangladeshMYR96.7k

This section shows Buckwheat'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 Buckwheat over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$509k
IMPORTS (2023)$6.15M
NET TRADE (2023)-$5.64M

In 2023, Malaysia exported $509k in Buckwheat. The main destinations of Malaysia exports on Buckwheat were Maldives ($245k), Singapore ($85.1k), Chinese Taipei ($79.9k), Bangladesh ($53.5k), and Mauritius ($29.2k).

In 2023, Malaysia imported $6.15M in Buckwheat, mainly from United States ($2.98M), Ukraine ($659k), Russia ($584k), India ($426k), and China ($403k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Buckwheat EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
Bangladesh$53.5k (1%)
Mauritius$23.6k (425%)
Singapore$16.3k (23.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Buckwheat BY Malaysia WERE (2022 - 2023):
United Kingdom-$189k (-100%)
Chinese Taipei-$91k (-53.2%)
Cambodia-$15k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Buckwheat were:
Poland $159M
Russia $130M
Canada $108M
In 2023, Malaysia's main importing competitors in Buckwheat were:
Germany $142M
United States $104M
Spain $75.7M

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Trade Value of Buckwheat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALThailand+ $14.2k
TOP IMPORT POTENTIALIndia+ $261k

Buckwheat’s highest export potential is Thailand. With an export gap of $14.2k.   Buckwheat’s highest import potential is India with an import gap of $261k.

See methodology.

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