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2022
Exports $199MWorld Rnk 20 / 166
Flag Rnk 186 / 1198
2022
Destination $5.85M Indonesia
2021 - 2022
FASTEST GROWING MARKET $5.85MBurma
2022
PRODUCT COMPLEXITY IN Concentrated Milk-0.77Rnk 774 / 1025
2022
Imports $695MWorld Rnk 9 / 224
Flag Rnk 75 / 1203
2022
Origin $64.2M New Zealand
2021 - 2022
FASTEST GROWING ORIGIN $64.2MUnited States
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $199M in Concentrated Milk, making it the 20th largest exporter of Concentrated Milk in the world. At the same year, Concentrated Milk was the 186th most exported product in Malaysia. The main destination of Concentrated Milk exports from Malaysia are: Indonesia ($19.2M), Somalia ($15.1M), Thailand ($14.2M), Angola ($11.3M), and Bangladesh ($11.1M).

The fastest growing export markets for Concentrated Milk of Malaysia between 2021 and 2022 were Burma ($5.85M), Angola ($5.54M), and Democratic Republic of the Congo ($4.37M).

Imports In 2022, Malaysia imported $695M in Concentrated Milk, becoming the 9th largest importer of Concentrated Milk in the world. At the same year, Concentrated Milk was the 75th most imported product in Malaysia. Malaysia imports Concentrated Milk primarily from: New Zealand ($305M), United States ($168M), Australia ($44.7M), Belgium ($30.4M), and Ireland ($30M).

The fastest growing import markets in Concentrated Milk for Malaysia between 2021 and 2022 were United States ($64.2M), New Zealand ($62M), and Belgium ($18.8M).

Latest Trends

August 2024

About

Overview In August 2024 Malaysia's Concentrated Milk exports accounted up to MYR94.1M and imports accounted up to MYR228M, resulting in a negative trade balance of MYR134M. Between August 2023 and August 2024 the exports of Malaysia's   Concentrated Milk have increased by MYR7.74M (8.97%) from MYR86.3M to MYR94.1M, while imports increased by MYR44.3M (24.1%) from MYR184M to MYR228M.

Destinations In August 2024, Concentrated Milk were exported mostly to Singapore (MYR13.2M), Angola (MYR10M), Bangladesh (MYR7.3M), Burma (MYR6.91M), and Indonesia (MYR6.81M), and were imported mostly from New Zealand (MYR112M), Australia (MYR31.6M), United States (MYR23.9M), Netherlands (MYR12.7M), and Belarus (MYR9.85M).

Growth In August 2024, the increase in Concentrated Milk's year-by-year exports was explained primarily by an increase in exports to Burma (MYR13.8M or 7.02k%), Somalia (MYR2.67M or 73.8%), and Bangladesh (MYR2.25M or 465%). In August 2024, the increase in Concentrated Milk's year-by-year imports was explained primarily by an increase in imports from New Zealand (MYR69.4M or 71%), Japan (MYR1.85M or 121%), and United States (MYR1.04M or 7.41%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)MYR7.74M(8.97%)
IMPORT GROWTH (August 2023 - August 2024)MYR44.3M(24.1%)
MAIN DESTINATION (August 2024)SingaporeMYR13.2M

This section shows Concentrated Milk'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 Concentrated Milk over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$199M
IMPORTS (2022)$695M
NET TRADE (2022)-$496M

In 2022, Malaysia exported $199M in Concentrated Milk. The main destinations of Malaysia exports on Concentrated Milk were Indonesia ($19.2M), Somalia ($15.1M), Thailand ($14.2M), Angola ($11.3M), and Bangladesh ($11.1M).

In 2022, Malaysia imported $695M in Concentrated Milk, mainly from New Zealand ($305M), United States ($168M), Australia ($44.7M), Belgium ($30.4M), and Ireland ($30M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Concentrated Milk EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Burma$5.85M (483%)
Angola$5.54M (96.1%)
Democratic Republic of the Congo$4.37M (164%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Concentrated Milk BY Malaysia WERE (2021 - 2022):
Mexico-$6.69M (-73.6%)
China-$5.18M (-90.4%)
Singapore-$4.11M (-32.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Concentrated Milk were:
New Zealand $6.99B
United States $3.25B
Netherlands $2.11B
In 2022, Malaysia's main importing competitors in Concentrated Milk were:
China $3.96B
Algeria $1.62B
Mexico $1.37B

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Trade Value of Concentrated Milk by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $16.7M
TOP IMPORT POTENTIALGermany+ $7.24M

Concentrated Milk’s highest export potential is Indonesia. With an export gap of $16.7M.   Concentrated Milk’s highest import potential is Germany with an import gap of $7.24M.

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