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2022
Exports $419MWorld Rnk 2 / 147
Flag Rnk 112 / 1198
2022
Destination $12.1M China
2021 - 2022
FASTEST GROWING MARKET $12.1MIndonesia
2022
PRODUCT COMPLEXITY IN Cocoa Powder-0.69Rnk 755 / 1025
2022
Imports $14.3MWorld Rnk 45 / 215
Flag Rnk 774 / 1203
2022
Origin $167k Indonesia
2021 - 2022
FASTEST GROWING ORIGIN $167kSouth Korea
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $419M in Cocoa Powder, making it the 2nd largest exporter of Cocoa Powder in the world. At the same year, Cocoa Powder was the 112th most exported product in Malaysia. The main destination of Cocoa Powder exports from Malaysia are: China ($64.1M), Thailand ($42M), Indonesia ($41.8M), United States ($40.9M), and Philippines ($38.2M).

The fastest growing export markets for Cocoa Powder of Malaysia between 2021 and 2022 were Indonesia ($12.1M), Philippines ($11.5M), and China ($11.1M).

Imports In 2022, Malaysia imported $14.3M in Cocoa Powder, becoming the 45th largest importer of Cocoa Powder in the world. At the same year, Cocoa Powder was the 774th most imported product in Malaysia. Malaysia imports Cocoa Powder primarily from: Indonesia ($7.8M), Singapore ($4.11M), Netherlands ($657k), United States ($405k), and Belgium ($267k).

The fastest growing import markets in Cocoa Powder for Malaysia between 2021 and 2022 were South Korea ($167k), Chinese Taipei ($95.5k), and Canada ($87.6k).

COMPANIES In 2023, leading companies such as Barry Callebaut (71) were at the forefront of shipping Cocoa Powder from Malaysia to the United States.

Latest Trends

September 2024

About

Overview In September 2024 Malaysia's Cocoa Powder exports accounted up to MYR267M and imports accounted up to MYR7.75M, resulting in a positive trade balance of MYR259M. Between September 2023 and September 2024 the exports of Malaysia's   Cocoa Powder have increased by MYR99.2M (59.1%) from MYR168M to MYR267M, while imports increased by MYR2.68M (53%) from MYR5.07M to MYR7.75M.

Destinations In September 2024, Cocoa Powder were exported mostly to Philippines (MYR37.4M), Indonesia (MYR29.8M), United States (MYR29M), Thailand (MYR25.7M), and China (MYR19.7M), and were imported mostly from Indonesia (MYR3.84M), Singapore (MYR1.78M), Netherlands (MYR1.01M), Belgium (MYR655k), and Japan (MYR320k).

Growth In September 2024, the increase in Cocoa Powder's year-by-year exports was explained primarily by an increase in exports to United States (MYR11.3M or 191%), China (MYR6.79M or 67.1%), and Canada (MYR2.45M or 648%). In September 2024, the increase in Cocoa Powder's year-by-year imports was explained primarily by an increase in imports from Indonesia (MYR2.58M or 464%), Netherlands (MYR326k or 806%), and Belgium (MYR121k or 376%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)MYR99.2M(59.1%)
IMPORT GROWTH (September 2023 - September 2024)MYR2.68M(53%)
MAIN DESTINATION (September 2024)PhilippinesMYR37.4M

This section shows Cocoa Powder'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 Powder over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$419M
IMPORTS (2022)$14.3M
NET TRADE (2022)$405M

In 2022, Malaysia exported $419M in Cocoa Powder. The main destinations of Malaysia exports on Cocoa Powder were China ($64.1M), Thailand ($42M), Indonesia ($41.8M), United States ($40.9M), and Philippines ($38.2M).

In 2022, Malaysia imported $14.3M in Cocoa Powder, mainly from Indonesia ($7.8M), Singapore ($4.11M), Netherlands ($657k), United States ($405k), and Belgium ($267k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa Powder EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Indonesia$12.1M (41%)
Philippines$11.5M (43%)
China$11.1M (20.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Powder BY Malaysia WERE (2021 - 2022):
Russia-$12.3M (-70.5%)
Brazil-$4.36M (-47.4%)
Argentina-$2.47M (-51.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Cocoa Powder were:
Netherlands $846M
Germany $325M
In 2022, Malaysia's main importing competitors in Cocoa Powder were:
United States $363M
Netherlands $168M
China $151M

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Trade Value of Cocoa Powder by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $2.82M
TOP IMPORT POTENTIALIndonesia+ $2.11M

Cocoa Powder’s highest export potential is India. With an export gap of $2.82M.   Cocoa Powder’s highest import potential is Indonesia with an import gap of $2.11M.

See methodology.

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