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2022
Exports $617MWorld Rnk 3 / 123
Flag Rnk 81 / 1198
2022
Destination $39.1M United States
2021 - 2022
FASTEST GROWING MARKET $39.1MUnited States
2022
PRODUCT COMPLEXITY IN Cocoa Butter-1.34Rnk 920 / 1025
2022
Imports $26.6MWorld Rnk 31 / 179
Flag Rnk 643 / 1203
2022
Origin $3.34M Indonesia
2021 - 2022
FASTEST GROWING ORIGIN $3.34MIndonesia
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $617M in Cocoa Butter, making it the 3rd largest exporter of Cocoa Butter in the world. At the same year, Cocoa Butter was the 81st most exported product in Malaysia. The main destination of Cocoa Butter exports from Malaysia are: United States ($153M), Japan ($68.4M), Canada ($48.8M), Estonia ($35.4M), and Singapore ($34.9M).

The fastest growing export markets for Cocoa Butter of Malaysia between 2021 and 2022 were United States ($39.1M), Netherlands ($9.33M), and Indonesia ($7.77M).

Imports In 2022, Malaysia imported $26.6M in Cocoa Butter, becoming the 31st largest importer of Cocoa Butter in the world. At the same year, Cocoa Butter was the 643rd most imported product in Malaysia. Malaysia imports Cocoa Butter primarily from: Indonesia ($16.1M), Singapore ($6.61M), United States ($2.29M), South Korea ($990k), and Japan ($228k).

The fastest growing import markets in Cocoa Butter for Malaysia between 2021 and 2022 were Indonesia ($3.34M), United States ($2.11M), and South Korea ($722k).

COMPANIES In 2023, leading companies such as Barry Callebaut (79) were at the forefront of shipping Cocoa Butter from Malaysia to the United States.

Latest Trends

September 2024

About

Overview In September 2024 Malaysia's Cocoa Butter exports accounted up to MYR492M and imports accounted up to MYR4.01M, resulting in a positive trade balance of MYR488M. Between September 2023 and September 2024 the exports of Malaysia's   Cocoa Butter have increased by MYR237M (93.1%) from MYR255M to MYR492M, while imports decreased by MYR-837k (-17.3%) from MYR4.84M to MYR4.01M.

Destinations In September 2024, Cocoa Butter were exported mostly to Canada (MYR92.3M), United States (MYR68.5M), Japan (MYR54.7M), Estonia (MYR49.5M), and Netherlands (MYR48.5M), and were imported mostly from Singapore (MYR2.38M), South Korea (MYR1.52M), United States (MYR57.4k), Belgium (MYR37.8k), and Switzerland (MYR17.3k).

Growth In September 2024, the increase in Cocoa Butter's year-by-year exports was explained primarily by an increase in exports to United States (MYR26.5M or 129%), Estonia (MYR3.39M or 48.7%), and Indonesia (MYR2.96M or 780%). In September 2024, the decrease in Cocoa Butter's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)MYR237M(93.1%)
IMPORT GROWTH (September 2023 - September 2024)MYR-837k(-17.3%)
MAIN DESTINATION (September 2024)CanadaMYR92.3M

This section shows Cocoa 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 Cocoa Butter over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$617M
IMPORTS (2022)$26.6M
NET TRADE (2022)$590M

In 2022, Malaysia exported $617M in Cocoa Butter. The main destinations of Malaysia exports on Cocoa Butter were United States ($153M), Japan ($68.4M), Canada ($48.8M), Estonia ($35.4M), and Singapore ($34.9M).

In 2022, Malaysia imported $26.6M in Cocoa Butter, mainly from Indonesia ($16.1M), Singapore ($6.61M), United States ($2.29M), South Korea ($990k), and Japan ($228k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa Butter EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
United States$39.1M (34.5%)
Netherlands$9.33M (227%)
Indonesia$7.77M (402%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Butter BY Malaysia WERE (2021 - 2022):
Turkey-$30.8M (-56.2%)
France-$23.8M (-45.6%)
New Zealand-$9.28M (-74%)
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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 Butter were:
Netherlands $1.37B
Indonesia $669M
In 2022, Malaysia's main importing competitors in Cocoa Butter were:
Germany $710M
United States $598M
Belgium $513M

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Trade Value of Cocoa Butter by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $7.9M
TOP IMPORT POTENTIALIndonesia+ $4.35M

Cocoa Butter’s highest export potential is China. With an export gap of $7.9M.   Cocoa Butter’s highest import potential is Indonesia with an import gap of $4.35M.

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