Cheese in Malaysia | The Observatory of Economic Complexity

About

Exports In 2023, Malaysia exported $14.1M in Cheese, making it the 57th largest exporter of Cheese in the world. At the same year, Cheese was the 570th most exported product in Malaysia. The main destination of Cheese exports from Malaysia are: Saudi Arabia ($4.99M), Singapore ($3.42M), Hong Kong ($1.29M), China ($753k), and Brunei ($728k).

The fastest growing export markets for Cheese of Malaysia between 2022 and 2023 were Singapore ($1.69M), Chinese Taipei ($244k), and United Arab Emirates ($179k).

Imports In 2023, Malaysia imported $169M in Cheese, becoming the 44th largest importer of Cheese in the world. At the same year, Cheese was the 236th most imported product in Malaysia. Malaysia imports Cheese primarily from: New Zealand ($53.4M), Australia ($50.7M), Singapore ($11.2M), United States ($10.3M), and Denmark ($8.36M).

The fastest growing import markets in Cheese for Malaysia between 2022 and 2023 were Australia ($14.5M), Austria ($4.07M), and France ($1.88M).

Latest Trends

November 2024

About

Overview In November 2024 Malaysia's Cheese exports accounted up to MYR2.44M and imports accounted up to MYR90.4M, resulting in a negative trade balance of MYR87.9M. Between November 2023 and November 2024 the exports of Malaysia's Cheese have increased by MYR511k (26.5%) from MYR1.93M to MYR2.44M, while imports increased by MYR21.8M (31.8%) from MYR68.5M to MYR90.4M.

Destinations In November 2024, Cheese were exported mostly to Brunei (MYR811k), Singapore (MYR534k), Guyana (MYR532k), Cambodia (MYR313k), and Thailand (MYR133k), and were imported mostly from Australia (MYR31.8M), New Zealand (MYR20M), Singapore (MYR6.15M), Denmark (MYR5.93M), and United States (MYR5.05M).

Growth In November 2024, the increase in Cheese's year-by-year exports was explained primarily by an increase in exports to Turkey (MYR428k or 264%), Mauritius (MYR82.1k or 100%), and Cambodia (MYR20k or 7.11%). In November 2024, the increase in Cheese's year-by-year imports was explained primarily by an increase in imports from New Zealand (MYR13.8M or 59.4%), United Kingdom (MYR2.07M or 305%), and Austria (MYR434k or 25.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (November 2023 - November 2024)MYR511k(26.5%)

IMPORT GROWTH (November 2023 - November 2024)MYR21.8M(31.8%)

MAIN DESTINATION (November 2024)BruneiMYR811k

This section shows Cheese'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 Cheese over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2023)$14.1M

IMPORTS (2023)$169M

NET TRADE (2023)-$155M

In 2023, Malaysia exported $14.1M in Cheese. The main destinations of Malaysia exports on Cheese were Saudi Arabia ($4.99M), Singapore ($3.42M), Hong Kong ($1.29M), China ($753k), and Brunei ($728k).

In 2023, Malaysia imported $169M in Cheese, mainly from New Zealand ($53.4M), Australia ($50.7M), Singapore ($11.2M), United States ($10.3M), and Denmark ($8.36M).

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