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2022
Exports $260MWorld Rnk 7 / 125
Flag Rnk 154 / 1198
2022
Destination $5.29M Singapore
2021 - 2022
FASTEST GROWING MARKET $5.29MSouth Korea
2022
PRODUCT COMPLEXITY IN Cocoa Beans-2.82Rnk 1025 / 1025
2022
Imports $1.02BWorld Rnk 2 / 159
Flag Rnk 45 / 1203
2022
Origin $89.5M Cote d'Ivoire
2021 - 2022
FASTEST GROWING ORIGIN $89.5MEcuador
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $260M in Cocoa Beans, making it the 7th largest exporter of Cocoa Beans in the world. At the same year, Cocoa Beans was the 154th most exported product in Malaysia. The main destination of Cocoa Beans exports from Malaysia are: Singapore ($229M), Indonesia ($23.4M), South Korea ($6.09M), United States ($432k), and Japan ($352k).

The fastest growing export markets for Cocoa Beans of Malaysia between 2021 and 2022 were South Korea ($5.29M), Indonesia ($4.63M), and United States ($432k).

Imports In 2022, Malaysia imported $1.02B in Cocoa Beans, becoming the 2nd largest importer of Cocoa Beans in the world. At the same year, Cocoa Beans was the 45th most imported product in Malaysia. Malaysia imports Cocoa Beans primarily from: Cote d'Ivoire ($366M), Ecuador ($184M), Ghana ($131M), Nigeria ($87.9M), and Indonesia ($61.8M).

The fastest growing import markets in Cocoa Beans for Malaysia between 2021 and 2022 were Ecuador ($89.5M), Papua New Guinea ($9.16M), and Indonesia ($6.38M).

Latest Trends

September 2024

About

Overview In September 2024 Malaysia's Cocoa Beans exports accounted up to MYR449M and imports accounted up to MYR1.52B, resulting in a negative trade balance of MYR1.07B. Between September 2023 and September 2024 the exports of Malaysia's   Cocoa Beans have increased by MYR349M (350%) from MYR99.8M to MYR449M, while imports increased by MYR1.18B (344%) from MYR343M to MYR1.52B.

Destinations In September 2024, Cocoa Beans were exported mostly to Singapore (MYR284M), Indonesia (MYR164M), and Japan (MYR86k), and were imported mostly from Nigeria (MYR298M), Guinea (MYR282M), Ecuador (MYR223M), Cote d'Ivoire (MYR200M), and Peru (MYR115M).

Growth In September 2024, the increase in Cocoa Beans's year-by-year exports was explained primarily by an increase in exports to . In September 2024, the increase in Cocoa Beans's year-by-year imports was explained primarily by an increase in imports from Ecuador (MYR46.7M or 72.8%), Peru (MYR23.8M or 2.23k%), and Papua New Guinea (MYR10.7M or 334%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)MYR349M(350%)
IMPORT GROWTH (September 2023 - September 2024)MYR1.18B(344%)
MAIN DESTINATION (September 2024)SingaporeMYR284M

This section shows Cocoa Beans'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 Cocoa Beans over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$260M
IMPORTS (2022)$1.02B
NET TRADE (2022)-$760M

In 2022, Malaysia exported $260M in Cocoa Beans. The main destinations of Malaysia exports on Cocoa Beans were Singapore ($229M), Indonesia ($23.4M), South Korea ($6.09M), United States ($432k), and Japan ($352k).

In 2022, Malaysia imported $1.02B in Cocoa Beans, mainly from Cote d'Ivoire ($366M), Ecuador ($184M), Ghana ($131M), Nigeria ($87.9M), and Indonesia ($61.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa Beans EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
South Korea$5.29M (663%)
Indonesia$4.63M (24.7%)
United States$432k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Beans BY Malaysia WERE (2021 - 2022):
Singapore-$28.3M (-11%)
China-$720k (-100%)
Japan-$62.5k (-15.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Cocoa Beans were:
Cote d'Ivoire $3.33B
Ghana $1.08B
Ecuador $937M
In 2022, Malaysia's main importing competitors in Cocoa Beans were:
Netherlands $1.68B
United States $874M

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Trade Value of Cocoa Beans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $8.36M
TOP IMPORT POTENTIALDemocratic Republic of the Congo+ $5.17M

Cocoa Beans’s highest export potential is Indonesia. With an export gap of $8.36M.   Cocoa Beans’s highest import potential is Democratic Republic of the Congo with an import gap of $5.17M.

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