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2022
Exports $1.62BWorld Rnk 22 / 175
Flag Rnk 25 / 96
2022
Destination $174M Australia
2021 - 2022
FASTEST GROWING MARKET $174MIndia
2022
PRODUCT COMPLEXITY IN Fertilizers-0.82Rnk 785 / 1025
2022
Imports $1.78BWorld Rnk 20 / 223
Flag Rnk 26 / 96
2022
Origin $274M Canada
2021 - 2022
FASTEST GROWING ORIGIN $274MCanada
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $1.62B in Fertilizers, making it the 22nd largest exporter of Fertilizers in the world. At the same year, Fertilizers was the 25th most exported product in Malaysia. The main destination of Fertilizers exports from Malaysia are: Australia ($325M), Thailand ($274M), India ($196M), Japan ($150M), and Philippines ($125M).

The fastest growing export markets for Fertilizers of Malaysia between 2021 and 2022 were India ($174M), Australia ($160M), and Thailand ($78.7M).

Imports In 2022, Malaysia imported $1.78B in Fertilizers, becoming the 20th largest importer of Fertilizers in the world. At the same year, Fertilizers was the 26th most imported product in Malaysia. Malaysia imports Fertilizers primarily from: Canada ($481M), China ($319M), Russia ($168M), Germany ($133M), and Jordan ($117M).

The fastest growing import markets in Fertilizers for Malaysia between 2021 and 2022 were Canada ($274M), Germany ($93.6M), and Vietnam ($57.1M).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Fertilizers exports accounted up to MYR187M and imports accounted up to MYR455M, resulting in a negative trade balance of MYR269M. Between June 2023 and June 2024 the exports of Malaysia's   Fertilizers have decreased by MYR-97M (-34.2%) from MYR284M to MYR187M, while imports increased by MYR124M (37.4%) from MYR331M to MYR455M.

Destinations In June 2024, Fertilizers were exported mostly to Thailand (MYR46.5M), Australia (MYR46.5M), Vietnam (MYR33.3M), Papua New Guinea (MYR25.2M), and Indonesia (MYR8.06M), and were imported mostly from Russia (MYR103M), China (MYR91.6M), Canada (MYR32.2M), United States (MYR31.6M), and Norway (MYR23.7M).

Growth In June 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 June 2024, the increase in Fertilizers's year-by-year imports was explained primarily by an increase in imports from Jordan (MYR160M or 1.01k%), Germany (MYR10.1M or 129%), and India (MYR2.79M or 178%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR-97M(-34.2%)
IMPORT GROWTH (June 2023 - June 2024)MYR124M(37.4%)
MAIN DESTINATION (June 2024)ThailandMYR46.5M

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 (2022)$1.62B
IMPORTS (2022)$1.78B
NET TRADE (2022)-$161M

In 2022, Malaysia exported $1.62B in Fertilizers. The main destinations of Malaysia exports on Fertilizers were Australia ($325M), Thailand ($274M), India ($196M), Japan ($150M), and Philippines ($125M).

In 2022, Malaysia imported $1.78B in Fertilizers, mainly from Canada ($481M), China ($319M), Russia ($168M), Germany ($133M), and Jordan ($117M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fertilizers EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
India$174M (794%)
Australia$160M (96.2%)
Thailand$78.7M (40.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fertilizers BY Malaysia WERE (2021 - 2022):
New Zealand-$45.8M (-36.7%)
Chile-$25.3M (-43.4%)
Vietnam-$11M (-36.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Fertilizers were:
Russia $18.7B
Canada $14.5B
China $12.7B
In 2022, Malaysia's main importing competitors in Fertilizers were:
Brazil $22.5B
India $17B
United States $13.3B

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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.

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