Cheese in Malaysia | The Observatory of Economic Complexity

About

Exports In 2022, Malaysia exported $17.4M in Cheese, making it the 57th largest exporter of Cheese in the world. At the same year, Cheese was the 551st most exported product in Malaysia. The main destination of Cheese exports from Malaysia are: Saudi Arabia ($5.72M), Brunei ($3.41M), Singapore ($2.86M), Hong Kong ($2.49M), and China ($654k).

The fastest growing export markets for Cheese of Malaysia between 2021 and 2022 were Saudi Arabia ($5.72M), Singapore ($805k), and Hong Kong ($502k).

Imports In 2022, Malaysia imported $167M in Cheese, becoming the 39th largest importer of Cheese in the world. At the same year, Cheese was the 266th most imported product in Malaysia. Malaysia imports Cheese primarily from: New Zealand ($57.2M), Australia ($41.2M), United States ($15.6M), Singapore ($11.9M), and Denmark ($10.5M).

The fastest growing import markets in Cheese for Malaysia between 2021 and 2022 were New Zealand ($11.4M), Singapore ($2.66M), and Argentina ($1.9M).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Cheese exports accounted up to MYR5.54M and imports accounted up to MYR62.3M, resulting in a negative trade balance of MYR56.8M. Between June 2023 and June 2024 the exports of Malaysia's Cheese have increased by MYR998k (22%) from MYR4.54M to MYR5.54M, while imports increased by MYR2.53M (4.23%) from MYR59.8M to MYR62.3M.

Destinations In June 2024, Cheese were exported mostly to Saudi Arabia (MYR2.65M), Singapore (MYR1.28M), Thailand (MYR831k), Cambodia (MYR335k), and Mauritius (MYR178k), and were imported mostly from New Zealand (MYR19.1M), Australia (MYR15M), Denmark (MYR6.64M), United Kingdom (MYR3.46M), and United States (MYR3.43M).

Growth In June 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 June 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 (June 2023 - June 2024)MYR998k(22%)

IMPORT GROWTH (June 2023 - June 2024)MYR2.53M(4.23%)

MAIN DESTINATION (June 2024)Saudi ArabiaMYR2.65M

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 (2022)$17.4M

IMPORTS (2022)$167M

NET TRADE (2022)-$149M

In 2022, Malaysia exported $17.4M in Cheese. The main destinations of Malaysia exports on Cheese were Saudi Arabia ($5.72M), Brunei ($3.41M), Singapore ($2.86M), Hong Kong ($2.49M), and China ($654k).

In 2022, Malaysia imported $167M in Cheese, mainly from New Zealand ($57.2M), Australia ($41.2M), United States ($15.6M), Singapore ($11.9M), and Denmark ($10.5M).

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