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2022
Exports $1.82BWorld Rnk 11 / 199
Flag Rnk 20 / 96
2022
Destination $61.9M Singapore
2021 - 2022
FASTEST GROWING MARKET $61.9MUnited States
2022
PRODUCT COMPLEXITY IN Cocoa & cocoa preparations0.14Rnk 508 / 1025
2022
Imports $1.32BWorld Rnk 10 / 225
Flag Rnk 32 / 96
2022
Origin $91.1M Cote d'Ivoire
2021 - 2022
FASTEST GROWING ORIGIN $91.1MEcuador
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $1.82B in Cocoa & cocoa preparations, making it the 11th largest exporter of Cocoa & cocoa preparations in the world. At the same year, Cocoa & cocoa preparations was the 20th most exported product in Malaysia. The main destination of Cocoa & cocoa preparations exports from Malaysia are: Singapore ($343M), United States ($223M), Japan ($165M), China ($141M), and Indonesia ($117M).

The fastest growing export markets for Cocoa & cocoa preparations of Malaysia between 2021 and 2022 were United States ($61.9M), Indonesia ($37.3M), and Philippines ($20.9M).

Imports In 2022, Malaysia imported $1.32B in Cocoa & cocoa preparations, becoming the 10th largest importer of Cocoa & cocoa preparations in the world. At the same year, Cocoa & cocoa preparations was the 32nd most imported product in Malaysia. Malaysia imports Cocoa & cocoa preparations primarily from: Cote d'Ivoire ($370M), Ecuador ($185M), Ghana ($143M), Indonesia ($126M), and Nigeria ($92.3M).

The fastest growing import markets in Cocoa & cocoa preparations for Malaysia between 2021 and 2022 were Ecuador ($91.1M), Papua New Guinea ($9.42M), and China ($8.28M).

COMPANIES In 2023, leading companies such as Barry Callebaut (162), ReaderLink (1), and Panasonic (1) were at the forefront of shipping Cocoa & cocoa preparations from Malaysia to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Cocoa & cocoa preparations exports accounted up to MYR1.23B and imports accounted up to MYR1.2B, resulting in a positive trade balance of MYR37.4M. Between June 2023 and June 2024 the exports of Malaysia's   Cocoa & cocoa preparations have increased by MYR615M (99.4%) from MYR619M to MYR1.23B, while imports increased by MYR372M (45.1%) from MYR825M to MYR1.2B.

Destinations In June 2024, Cocoa & cocoa preparations were exported mostly to Singapore (MYR318M), Japan (MYR149M), United States (MYR148M), Estonia (MYR63.9M), and Russia (MYR53.2M), and were imported mostly from Nigeria (MYR247M), Ecuador (MYR172M), Cote d'Ivoire (MYR118M), Uganda (MYR110M), and Indonesia (MYR80.7M).

Growth In June 2024, the increase in Cocoa & cocoa preparations's year-by-year exports was explained primarily by an increase in exports to United States (MYR37.1M or 112%), Iran (MYR19.4M or 3.48k%), and China (MYR16.2M or 80.8%). In June 2024, the increase in Cocoa & cocoa preparations's year-by-year imports was explained primarily by an increase in imports from Ecuador (MYR46.7M or 72.8%), Indonesia (MYR25.4M or 108%), and Peru (MYR23.8M or 2.23k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR615M(99.4%)
IMPORT GROWTH (June 2023 - June 2024)MYR372M(45.1%)
MAIN DESTINATION (June 2024)SingaporeMYR318M

This section shows Cocoa & cocoa preparations'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 & cocoa preparations over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.82B
IMPORTS (2022)$1.32B
NET TRADE (2022)$494M

In 2022, Malaysia exported $1.82B in Cocoa & cocoa preparations. The main destinations of Malaysia exports on Cocoa & cocoa preparations were Singapore ($343M), United States ($223M), Japan ($165M), China ($141M), and Indonesia ($117M).

In 2022, Malaysia imported $1.32B in Cocoa & cocoa preparations, mainly from Cote d'Ivoire ($370M), Ecuador ($185M), Ghana ($143M), Indonesia ($126M), and Nigeria ($92.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa & cocoa preparations EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
United States$61.9M (38.5%)
Indonesia$37.3M (47.1%)
Philippines$20.9M (37%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa & cocoa preparations BY Malaysia WERE (2021 - 2022):
Turkey-$36.1M (-52.4%)
France-$22.5M (-41.4%)
Russia-$19.3M (-35%)
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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 & cocoa preparations were:
Germany $6.74B
Cote d'Ivoire $5.39B
Netherlands $5.36B
In 2022, Malaysia's main importing competitors in Cocoa & cocoa preparations were:
United States $6.22B
Netherlands $4.41B
Germany $4.41B

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Trade Value of Cocoa & cocoa preparations by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $21.3M
TOP IMPORT POTENTIALIndonesia+ $11.6M

Cocoa & cocoa preparations’s highest export potential is Indonesia. With an export gap of $21.3M.   Cocoa & cocoa preparations’s highest import potential is Indonesia with an import gap of $11.6M.

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