2023
Exports
$155MWorld Rnk 7 / 107
Flag Rnk 212 / 1208
2023
PRODUCT COMPLEXITY IN Cocoa Paste
-0.83Rnk 788 / 1025
2023
Imports
$120MWorld Rnk 9 / 167
Flag Rnk 289 / 1211
2023
ECONOMIC COMPLEXITY of Malaysia
1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $155M in Cocoa Paste, making it the 7th largest exporter of Cocoa Paste in the world. At the same year, Cocoa Paste was the 212th most exported product in Malaysia. The main destination of Cocoa Paste exports from Malaysia are: Japan ($32.9M), Singapore ($31.6M), China ($18.2M), Australia ($18M), and Indonesia ($8.12M).

The fastest growing export markets for Cocoa Paste of Malaysia between 2022 and 2023 were Japan ($9.01M), Brazil ($6.18M), and Estonia ($2.37M).

Imports In 2023, Malaysia imported $120M in Cocoa Paste, becoming the 9th largest importer of Cocoa Paste in the world. At the same year, Cocoa Paste was the 289th most imported product in Malaysia. Malaysia imports Cocoa Paste primarily from: Singapore ($48.8M), Indonesia ($40.5M), Netherlands ($15.2M), Ghana ($11.3M), and Cote d'Ivoire ($2.15M).

The fastest growing import markets in Cocoa Paste for Malaysia between 2022 and 2023 were Singapore ($36.2M), Indonesia ($11.3M), and Netherlands ($10.5M).

COMPANIES In 2024, leading companies such as Barry Callebaut (15) were at the forefront of shipping Cocoa Paste from Malaysia to the United States.

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)MYR3.02M(3.83%)
IMPORT GROWTH (December 2023 - December 2024)MYR126M(201%)
MAIN DESTINATION (December 2024)SingaporeMYR19.3M

This section shows Cocoa Paste'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 Paste over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$155M
IMPORTS (2023)$120M
NET TRADE (2023)$34.7M

In 2023, Malaysia exported $155M in Cocoa Paste. The main destinations of Malaysia exports on Cocoa Paste were Japan ($32.9M), Singapore ($31.6M), China ($18.2M), Australia ($18M), and Indonesia ($8.12M).

In 2023, Malaysia imported $120M in Cocoa Paste, mainly from Singapore ($48.8M), Indonesia ($40.5M), Netherlands ($15.2M), Ghana ($11.3M), and Cote d'Ivoire ($2.15M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cocoa Paste EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
Japan$9.01M (37.8%)
Brazil$6.18M (2.75k%)
Estonia$2.37M (594%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Paste BY Malaysia WERE (2022 - 2023):
Indonesia-$7.21M (-47%)
South Korea-$5.58M (-61.3%)
United Arab Emirates-$1.5M (-76.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Cocoa Paste were:
In 2023, Malaysia's main importing competitors in Cocoa Paste were:

Explore Visualizations

Trade Value of Cocoa Paste by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.51M
TOP IMPORT POTENTIALCote d'Ivoire+ $3.59M

Cocoa Paste’s highest export potential is United States. With an export gap of $3.51M.   Cocoa Paste’s highest import potential is Cote d'Ivoire with an import gap of $3.59M.

See methodology.

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