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2022
Exports $32.7MWorld Rnk 21 / 118
Flag Rnk 431 / 1198
2022
Destination $23.7M Singapore
2021 - 2022
FASTEST GROWING MARKET $23.7MSingapore
2022
PRODUCT COMPLEXITY IN Fish oil-1.83Rnk 985 / 1025
2022
Imports $34.8MWorld Rnk 20 / 171
Flag Rnk 590 / 1203
2022
Origin $15.6M Vietnam
2021 - 2022
FASTEST GROWING ORIGIN $15.6MVietnam
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $32.7M in Fish oil, making it the 21st largest exporter of Fish oil in the world. At the same year, Fish oil was the 431st most exported product in Malaysia. The main destination of Fish oil exports from Malaysia are: Singapore ($23.7M), China ($8.62M), Japan ($319k), Chile ($82.2k), and Maldives ($33.2k).

The fastest growing export markets for Fish oil of Malaysia between 2021 and 2022 were Singapore ($23.7M), China ($7.45M), and Japan ($44.8k).

Imports In 2022, Malaysia imported $34.8M in Fish oil, becoming the 20th largest importer of Fish oil in the world. At the same year, Fish oil was the 590th most imported product in Malaysia. Malaysia imports Fish oil primarily from: Vietnam ($15.9M), Japan ($5.47M), Thailand ($2.57M), United States ($1.5M), and Chile ($1.45M).

The fastest growing import markets in Fish oil for Malaysia between 2021 and 2022 were Vietnam ($15.6M), Japan ($5.13M), and Thailand ($989k).

Latest Trends

September 2024

About

Overview In September 2024 Malaysia's Fish oil exports accounted up to MYR4.64M and imports accounted up to MYR9.17M, resulting in a negative trade balance of MYR4.54M. Between September 2023 and September 2024 the exports of Malaysia's   Fish oil have increased by MYR4.37M (1.63k%) from MYR268k to MYR4.64M, while imports decreased by MYR-2.34M (-20.3%) from MYR11.5M to MYR9.17M.

Destinations In September 2024, Fish oil were exported mostly to Singapore (MYR3.08M), Colombia (MYR889k), and Chile (MYR665k), and were imported mostly from Japan (MYR4.12M), Thailand (MYR919k), New Zealand (MYR740k), Indonesia (MYR735k), and Vietnam (MYR554k).

Growth In September 2024, the increase in Fish oil's year-by-year exports was explained primarily by an increase in exports to China (MYR321k or 19.6%). In September 2024, the decrease in Fish oil's year-by-year imports was explained primarily by a decrease in imports from Thailand (MYR-1.89M or -70.2%), United States (MYR-814k or -59.6%), and Indonesia (MYR-540k or -48.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)MYR4.37M(1.63k%)
IMPORT GROWTH (September 2023 - September 2024)MYR-2.34M(-20.3%)
MAIN DESTINATION (September 2024)SingaporeMYR3.08M

This section shows Fish oil'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 Fish oil over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$32.7M
IMPORTS (2022)$34.8M
NET TRADE (2022)-$2.13M

In 2022, Malaysia exported $32.7M in Fish oil. The main destinations of Malaysia exports on Fish oil were Singapore ($23.7M), China ($8.62M), Japan ($319k), Chile ($82.2k), and Maldives ($33.2k).

In 2022, Malaysia imported $34.8M in Fish oil, mainly from Vietnam ($15.9M), Japan ($5.47M), Thailand ($2.57M), United States ($1.5M), and Chile ($1.45M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fish oil EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Singapore$23.7M (972k%)
China$7.45M (636%)
Japan$44.8k (16.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fish oil BY Malaysia WERE (2021 - 2022):
Sri Lanka-$83.7k (-100%)
Mauritius-$18.9k (-100%)
Vietnam-$15.6k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Fish oil were:
Peru $556M
Norway $253M
Chile $249M
In 2022, Malaysia's main importing competitors in Fish oil were:
Norway $563M
China $258M
Denmark $232M

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Trade Value of Fish oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.97M
TOP IMPORT POTENTIALUnited States+ $491k

Fish oil’s highest export potential is China. With an export gap of $1.97M.   Fish oil’s highest import potential is United States with an import gap of $491k.

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