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2022
Exports $380MWorld Rnk 20 / 196
Flag Rnk 121 / 1198
2022
Destination $12.3M Japan
2021 - 2022
FASTEST GROWING MARKET $12.3MSingapore
2022
PRODUCT COMPLEXITY IN Chocolate0.14Rnk 508 / 1025
2022
Imports $185MWorld Rnk 39 / 225
Flag Rnk 242 / 1203
2022
Origin $14.1M Singapore
2021 - 2022
FASTEST GROWING ORIGIN $14.1MSingapore
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $380M in Chocolate, making it the 20th largest exporter of Chocolate in the world. At the same year, Chocolate was the 121st most exported product in Malaysia. The main destination of Chocolate exports from Malaysia are: Japan ($40.7M), Philippines ($38.4M), Singapore ($34.4M), Thailand ($32.8M), and China ($32.3M).

The fastest growing export markets for Chocolate of Malaysia between 2021 and 2022 were Singapore ($12.3M), United States ($11.7M), and Philippines ($9.25M).

Imports In 2022, Malaysia imported $185M in Chocolate, becoming the 39th largest importer of Chocolate in the world. At the same year, Chocolate was the 242nd most imported product in Malaysia. Malaysia imports Chocolate primarily from: Singapore ($43.3M), China ($19.8M), Australia ($19.2M), United States ($10.2M), and Indonesia ($9.66M).

The fastest growing import markets in Chocolate for Malaysia between 2021 and 2022 were Singapore ($14.1M), China ($8.17M), and Switzerland ($5.11M).

COMPANIES In 2023, leading companies such as ReaderLink (1) and Panasonic (1) were at the forefront of shipping Chocolate from Malaysia to the United States.

Latest Trends

September 2024

About

Overview In September 2024 Malaysia's Chocolate exports accounted up to MYR168M and imports accounted up to MYR79.7M, resulting in a positive trade balance of MYR88.5M. Between September 2023 and September 2024 the exports of Malaysia's   Chocolate have decreased by MYR-1.83M (-1.07%) from MYR170M to MYR168M, while imports increased by MYR9.27M (13.2%) from MYR70.4M to MYR79.7M.

Destinations In September 2024, Chocolate were exported mostly to Japan (MYR25.7M), Philippines (MYR17.8M), South Korea (MYR17.4M), Thailand (MYR13.7M), and China (MYR13.7M), and were imported mostly from Singapore (MYR13.4M), China (MYR8.68M), Australia (MYR8.27M), Switzerland (MYR5.43M), and Indonesia (MYR5.22M).

Growth In September 2024, the decrease in Chocolate's year-by-year exports was explained primarily by a decrease in exports to South Korea (MYR-4.48M or -57%), China (MYR-3.38M or -43.1%), and Saudi Arabia (MYR-2.69M or -50.3%). In September 2024, the increase in Chocolate's year-by-year imports was explained primarily by an increase in imports from China (MYR8.51M or 224%), Indonesia (MYR1.66M or 85%), and Egypt (MYR1.27M or 2k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)MYR-1.83M(-1.07%)
IMPORT GROWTH (September 2023 - September 2024)MYR9.27M(13.2%)
MAIN DESTINATION (September 2024)JapanMYR25.7M

This section shows Chocolate'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 Chocolate over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$380M
IMPORTS (2022)$185M
NET TRADE (2022)$195M

In 2022, Malaysia exported $380M in Chocolate. The main destinations of Malaysia exports on Chocolate were Japan ($40.7M), Philippines ($38.4M), Singapore ($34.4M), Thailand ($32.8M), and China ($32.3M).

In 2022, Malaysia imported $185M in Chocolate, mainly from Singapore ($43.3M), China ($19.8M), Australia ($19.2M), United States ($10.2M), and Indonesia ($9.66M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chocolate EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Singapore$12.3M (55.9%)
United States$11.7M (98.3%)
Philippines$9.25M (31.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chocolate BY Malaysia WERE (2021 - 2022):
Canada-$3.33M (-90.3%)
Burma-$713k (-21.7%)
Hong Kong-$701k (-15.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Chocolate were:
Germany $5.61B
Belgium $3.01B
Italy $2.46B
In 2022, Malaysia's main importing competitors in Chocolate were:
United States $3.81B
Germany $2.53B
France $2.33B

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Trade Value of Chocolate by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $15.1M
TOP IMPORT POTENTIALGermany+ $5.35M

Chocolate’s highest export potential is United States. With an export gap of $15.1M.   Chocolate’s highest import potential is Germany with an import gap of $5.35M.

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