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).

Latest Trends

August 2024

About

Overview In August 2024 Malaysia's Butter exports accounted up to MYR5.59M and imports accounted up to MYR56.7M, resulting in a negative trade balance of MYR51.1M. Between August 2023 and August 2024 the exports of Malaysia's Butter have decreased by MYR-6.07M (-52.1%) from MYR11.7M to MYR5.59M, while imports increased by MYR6.53M (13%) from MYR50.2M to MYR56.7M.

Destinations In August 2024, Butter were exported mostly to Brunei (MYR1.69M), Singapore (MYR1.38M), Australia (MYR632k), Vietnam (MYR512k), and United Arab Emirates (MYR433k), and were imported mostly from New Zealand (MYR31.3M), Netherlands (MYR7.24M), Australia (MYR6.59M), Denmark (MYR5.04M), and France (MYR3.62M).

Growth In August 2024, the decrease in Butter's year-by-year exports was explained primarily by a decrease in exports to United Arab Emirates (MYR-814k or -24.7%) and Singapore (MYR-557k or -29.9%). In August 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 (August 2023 - August 2024)MYR-6.07M(-52.1%)

IMPORT GROWTH (August 2023 - August 2024)MYR6.53M(13%)

MAIN DESTINATION (August 2024)BruneiMYR1.69M

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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