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2023
Exports $953MWorld Rnk 22 / 175
Flag Rnk 30 / 96
2023
Destination $23.2M Thailand
2022 - 2023
FASTEST GROWING MARKET $23.2MTurkey
2023
PRODUCT COMPLEXITY IN Fertilizers-0.92Rnk 808 / 1025
2023
Imports $1.2BWorld Rnk 20 / 221
Flag Rnk 30 / 96
2023
Origin $47.6M China
2022 - 2023
FASTEST GROWING ORIGIN $47.6MRussia
2023
ECONOMIC COMPLEXITY of Malaysia1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $953M in Fertilizers, making it the 22nd largest exporter of Fertilizers in the world. At the same year, Fertilizers was the 30th most exported product in Malaysia. The main destination of Fertilizers exports from Malaysia are: Thailand ($206M), Australia ($156M), Philippines ($113M), Japan ($76.1M), and India ($48.4M).

The fastest growing export markets for Fertilizers of Malaysia between 2022 and 2023 were Turkey ($23.2M), Vietnam ($16.4M), and Nepal ($10.9M).

Imports In 2023, Malaysia imported $1.2B in Fertilizers, becoming the 20th largest importer of Fertilizers in the world. At the same year, Fertilizers was the 30th most imported product in Malaysia. Malaysia imports Fertilizers primarily from: China ($304M), Russia ($242M), Canada ($155M), Jordan ($98.2M), and United States ($52.3M).

The fastest growing import markets in Fertilizers for Malaysia between 2022 and 2023 were Russia ($47.6M), United States ($27.7M), and Brunei ($7.07M).

Latest Trends

November 2024

About

Overview In November 2024 Malaysia's Fertilizers exports accounted up to MYR329M and imports accounted up to MYR365M, resulting in a negative trade balance of MYR35.4M. Between November 2023 and November 2024 the exports of Malaysia's   Fertilizers have decreased by MYR-63.5M (-16.2%) from MYR393M to MYR329M, while imports decreased by MYR-72M (-16.5%) from MYR437M to MYR365M.

Destinations In November 2024, Fertilizers were exported mostly to India (MYR110M), Thailand (MYR69.9M), United States (MYR53.6M), Philippines (MYR38.1M), and Indonesia (MYR15.7M), and were imported mostly from China (MYR125M), Russia (MYR101M), Belgium (MYR21M), United Arab Emirates (MYR13.2M), and Vietnam (MYR9.28M).

Growth In November 2024, the decrease in Fertilizers's year-by-year exports was explained primarily by a decrease in exports to India (MYR-154M or -98.7%), Australia (MYR-92.6M or -81%), and Chile (MYR-73.2M or -99.5%). In November 2024, the decrease in Fertilizers's year-by-year imports was explained primarily by a decrease in imports from Canada (MYR-70.6M or -36.9%), China (MYR-47.1M or -27.1%), and Lithuania (MYR-41.8M or -99.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)MYR-63.5M(-16.2%)
IMPORT GROWTH (November 2023 - November 2024)MYR-72M(-16.5%)
MAIN DESTINATION (November 2024)IndiaMYR110M

This section shows Fertilizers'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 Fertilizers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$953M
IMPORTS (2023)$1.2B
NET TRADE (2023)-$242M

In 2023, Malaysia exported $953M in Fertilizers. The main destinations of Malaysia exports on Fertilizers were Thailand ($206M), Australia ($156M), Philippines ($113M), Japan ($76.1M), and India ($48.4M).

In 2023, Malaysia imported $1.2B in Fertilizers, mainly from China ($304M), Russia ($242M), Canada ($155M), Jordan ($98.2M), and United States ($52.3M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Fertilizers EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
Turkey$23.2M (60.7k%)
Vietnam$16.4M (99.1%)
Nepal$10.9M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fertilizers BY Malaysia WERE (2022 - 2023):
Australia-$186M (-54.5%)
India-$158M (-76.5%)
Japan-$87.9M (-53.6%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Fertilizers were:
Russia $15.3B
China $10.9B
Canada $10.4B
In 2023, Malaysia's main importing competitors in Fertilizers were:
Brazil $15.8B
India $10.6B
United States $9.97B

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Trade Value of Fertilizers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $80.6M
TOP IMPORT POTENTIALRussia+ $38.6M

Fertilizers’s highest export potential is India. With an export gap of $80.6M.   Fertilizers’s highest import potential is Russia with an import gap of $38.6M.

See methodology.

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