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2023
Exports $109MWorld Rnk 32 / 196
Flag Rnk 260 / 1208
2023
Destination $2.76M China
2022 - 2023
FASTEST GROWING MARKET $2.76MSingapore
2023
PRODUCT COMPLEXITY IN Confectionery Sugar-0.6Rnk 734 / 1025
2023
Imports $129MWorld Rnk 32 / 226
Flag Rnk 279 / 1211
2023
Origin $2.74M China
2022 - 2023
FASTEST GROWING ORIGIN $2.74MVietnam
2023
ECONOMIC COMPLEXITY of Malaysia1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $109M in Confectionery Sugar, making it the 32nd largest exporter of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 260th most exported product in Malaysia. The main destination of Confectionery Sugar exports from Malaysia are: China ($24.3M), Singapore ($15.5M), Indonesia ($9.23M), Hong Kong ($7.59M), and Chinese Taipei ($6.28M).

The fastest growing export markets for Confectionery Sugar of Malaysia between 2022 and 2023 were Singapore ($2.76M), Hong Kong ($2.5M), and China ($1.36M).

Imports In 2023, Malaysia imported $129M in Confectionery Sugar, becoming the 32nd largest importer of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 279th most imported product in Malaysia. Malaysia imports Confectionery Sugar primarily from: China ($57.6M), Indonesia ($21.8M), Vietnam ($14.3M), Thailand ($10.6M), and Philippines ($6.09M).

The fastest growing import markets in Confectionery Sugar for Malaysia between 2022 and 2023 were Vietnam ($2.74M), Thailand ($2.12M), and Turkey ($2.06M).

COMPANIES In 2023, leading companies such as Halyard Health (16) and Panasonic (8) were at the forefront of shipping Confectionery Sugar from Malaysia to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Malaysia's Confectionery Sugar exports accounted up to MYR41.6M and imports accounted up to MYR47.3M, resulting in a negative trade balance of MYR5.79M. Between November 2023 and November 2024 the exports of Malaysia's   Confectionery Sugar have decreased by MYR-255k (-0.61%) from MYR41.8M to MYR41.6M, while imports increased by MYR3.99M (9.21%) from MYR43.3M to MYR47.3M.

Destinations In November 2024, Confectionery Sugar were exported mostly to China (MYR9.74M), Singapore (MYR3.57M), Vietnam (MYR3.47M), Hong Kong (MYR2.63M), and Chinese Taipei (MYR2.46M), and were imported mostly from China (MYR17.5M), Indonesia (MYR7.74M), Vietnam (MYR5.94M), Thailand (MYR4.36M), and Philippines (MYR2.7M).

Growth In November 2024, the decrease in Confectionery Sugar's year-by-year exports was explained primarily by a decrease in exports to China (MYR-9.61M or -57.6%), Bangladesh (MYR-4.7M or -97.1%), and Indonesia (MYR-3.91M or -71.4%). In November 2024, the increase in Confectionery Sugar's year-by-year imports was explained primarily by an increase in imports from Indonesia (MYR6.01M or 150%), China (MYR5.61M or 98.8%), and Thailand (MYR3.38M or 213%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)MYR-255k(-0.61%)
IMPORT GROWTH (November 2023 - November 2024)MYR3.99M(9.21%)
MAIN DESTINATION (November 2024)ChinaMYR9.74M

This section shows Confectionery Sugar'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 Confectionery Sugar over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$109M
IMPORTS (2023)$129M
NET TRADE (2023)-$20M

In 2023, Malaysia exported $109M in Confectionery Sugar. The main destinations of Malaysia exports on Confectionery Sugar were China ($24.3M), Singapore ($15.5M), Indonesia ($9.23M), Hong Kong ($7.59M), and Chinese Taipei ($6.28M).

In 2023, Malaysia imported $129M in Confectionery Sugar, mainly from China ($57.6M), Indonesia ($21.8M), Vietnam ($14.3M), Thailand ($10.6M), and Philippines ($6.09M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Confectionery Sugar EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
Singapore$2.76M (21.6%)
Hong Kong$2.5M (49.1%)
China$1.36M (5.95%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Confectionery Sugar BY Malaysia WERE (2022 - 2023):
Bangladesh-$4.5M (-94%)
Vietnam-$1.82M (-27.5%)
Mongolia-$1.19M (-65.3%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Confectionery Sugar were:
Germany $1.97B
China $1.5B
Mexico $1.36B
In 2023, Malaysia's main importing competitors in Confectionery Sugar were:
United States $3.26B
United Kingdom $1.01B
Germany $992M

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Trade Value of Confectionery Sugar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $3.59M
TOP IMPORT POTENTIALThailand+ $4.03M

Confectionery Sugar’s highest export potential is Indonesia. With an export gap of $3.59M.   Confectionery Sugar’s highest import potential is Thailand with an import gap of $4.03M.

See methodology.

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