Butter in Malaysia | The Observatory of Economic Complexity

About

Exports In 2023, Malaysia exported $24.3M in Butter, making it the 24th largest exporter of Butter in the world. At the same year, Butter was the 474th most exported product in Malaysia. The main destination of Butter exports from Malaysia are: United Arab Emirates ($6.69M), Brunei ($2.33M), Hong Kong ($2.08M), Singapore ($1.68M), and Qatar ($1.6M).

The fastest growing export markets for Butter of Malaysia between 2022 and 2023 were Mexico ($766k), Qatar ($625k), and Kuwait ($491k).

Imports In 2023, Malaysia imported $142M in Butter, becoming the 18th largest importer of Butter in the world. At the same year, Butter was the 266th most imported product in Malaysia. Malaysia imports Butter primarily from: New Zealand ($110M), Australia ($9.5M), Denmark ($8.44M), France ($6.13M), and Belgium ($1.99M).

The fastest growing import markets in Butter for Malaysia between 2022 and 2023 were New Zealand ($3.57M), France ($1.13M), and Germany ($559k).

Latest Trends

November 2024

About

Overview In November 2024 Malaysia's Butter exports accounted up to MYR10.7M and imports accounted up to MYR76.3M, resulting in a negative trade balance of MYR65.6M. Between November 2023 and November 2024 the exports of Malaysia's Butter have increased by MYR2.37M (28.5%) from MYR8.34M to MYR10.7M, while imports increased by MYR16.6M (27.8%) from MYR59.7M to MYR76.3M.

Destinations In November 2024, Butter were exported mostly to United Arab Emirates (MYR3.2M), Singapore (MYR3.09M), Chinese Taipei (MYR1.26M), Indonesia (MYR840k), and Oman (MYR705k), and were imported mostly from New Zealand (MYR50.1M), Australia (MYR9.61M), Denmark (MYR8.65M), France (MYR2.66M), and Netherlands (MYR1.71M).

Growth In November 2024, the increase in Butter's year-by-year exports was explained primarily by an increase in exports to Indonesia (MYR670k or 7.76k%), Brunei (MYR662k or 73.6%), and Vietnam (MYR636k or 281%). In November 2024, the increase in Butter's year-by-year imports was explained primarily by an increase in imports from Belgium (MYR828k or 105%) and Netherlands (MYR769k or 197%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (November 2023 - November 2024)MYR2.37M(28.5%)

IMPORT GROWTH (November 2023 - November 2024)MYR16.6M(27.8%)

MAIN DESTINATION (November 2024)United Arab EmiratesMYR3.2M

This section shows Butter'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 Butter over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2023)$24.3M

IMPORTS (2023)$142M

NET TRADE (2023)-$118M

In 2023, Malaysia exported $24.3M in Butter. The main destinations of Malaysia exports on Butter were United Arab Emirates ($6.69M), Brunei ($2.33M), Hong Kong ($2.08M), Singapore ($1.68M), and Qatar ($1.6M).

In 2023, Malaysia imported $142M in Butter, mainly from New Zealand ($110M), Australia ($9.5M), Denmark ($8.44M), France ($6.13M), and Belgium ($1.99M).

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