Butter in Malaysia | The Observatory of Economic Complexity

About

Exports In 2022, Malaysia exported $30.5M in Butter, making it the 24th largest exporter of Butter in the world. At the same year, Butter was the 446th most exported product in Malaysia. The main destination of Butter exports from Malaysia are: United Arab Emirates ($4.88M), Singapore ($4.49M), Hong Kong ($4.33M), Brunei ($3.18M), and Vietnam ($2.27M).

The fastest growing export markets for Butter of Malaysia between 2021 and 2022 were Vietnam ($2.19M), China ($1.99M), and United Arab Emirates ($1.8M).

Imports In 2022, Malaysia imported $134M in Butter, becoming the 24th largest importer of Butter in the world. At the same year, Butter was the 307th most imported product in Malaysia. Malaysia imports Butter primarily from: New Zealand ($102M), Denmark ($10.7M), Australia ($8.94M), France ($3.96M), and India ($2M).

The fastest growing import markets in Butter for Malaysia between 2021 and 2022 were New Zealand ($14.8M), France ($1.08M), and Uruguay ($749k).

COMPANIES In 2019, leading companies such as were at the forefront of shipping Butter from Malaysia to the United States.

Latest Trends

September 2020

About

Overview In September 2020 Malaysia's Butter exports accounted up to MYR7.36M and imports accounted up to MYR25.3M, resulting in a negative trade balance of MYR17.9M. Between September 2019 and September 2020 the exports of Malaysia's Butter have increased by MYR1.05M (16.6%) from MYR6.31M to MYR7.36M, while imports decreased by MYR-6.41M (-20.2%) from MYR31.7M to MYR25.3M.

Destinations In September 2020, Butter were exported mostly to Brunei (MYR2.76M), United Arab Emirates (MYR1.1M), Singapore (MYR1.02M), Qatar (MYR934k), and Chinese Taipei (MYR469k), and were imported mostly from New Zealand (MYR9.1M), Australia (MYR4.79M), Denmark (MYR4.22M), Netherlands (MYR3.02M), and France (MYR1.98M).

Growth In September 2020, the increase in Butter's year-by-year exports was explained primarily by an increase in exports to Chinese Taipei (MYR510k or 114%), Indonesia (MYR400k or 115%), and Mauritius (MYR189k or 45.4%). In September 2020, the decrease in Butter's year-by-year imports was explained primarily by a decrease in imports from New Zealand (MYR-1.77M or -6.33%), Australia (MYR-838k or -17%), and Belgium (MYR-743k or -86.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2019 - September 2020)MYR1.05M(16.6%)

IMPORT GROWTH (September 2019 - September 2020)MYR-6.41M(-20.2%)

MAIN DESTINATION (September 2020)BruneiMYR2.76M

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 (2022)$30.5M

IMPORTS (2022)$134M

NET TRADE (2022)-$103M

In 2022, Malaysia exported $30.5M in Butter. The main destinations of Malaysia exports on Butter were United Arab Emirates ($4.88M), Singapore ($4.49M), Hong Kong ($4.33M), Brunei ($3.18M), and Vietnam ($2.27M).

In 2022, Malaysia imported $134M in Butter, mainly from New Zealand ($102M), Denmark ($10.7M), Australia ($8.94M), France ($3.96M), and India ($2M).

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