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2023
Exports $2.98MWorld Rnk 36 / 150
Flag Rnk 822 / 1208
2023
Destination $1.29M Indonesia
2022 - 2023
FASTEST GROWING MARKET $1.29MIndonesia
2023
PRODUCT COMPLEXITY IN Ground Nuts-2.38Rnk 1017 / 1025
2023
Imports $88.8MWorld Rnk 14 / 207
Flag Rnk 354 / 1211
2023
Origin $2.87M India
2022 - 2023
FASTEST GROWING ORIGIN $2.87MChina
2023
ECONOMIC COMPLEXITY of Malaysia1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $2.98M in Ground Nuts, making it the 36th largest exporter of Ground Nuts in the world. At the same year, Ground Nuts was the 822nd most exported product in Malaysia. The main destination of Ground Nuts exports from Malaysia are: Indonesia ($2.77M), China ($61.8k), Brunei ($50.1k), Vietnam ($40.6k), and Singapore ($20.7k).

The fastest growing export markets for Ground Nuts of Malaysia between 2022 and 2023 were Indonesia ($1.29M), Vietnam ($40.6k), and Brunei ($37.4k).

Imports In 2023, Malaysia imported $88.8M in Ground Nuts, becoming the 14th largest importer of Ground Nuts in the world. At the same year, Ground Nuts was the 354th most imported product in Malaysia. Malaysia imports Ground Nuts primarily from: India ($57.9M), China ($21.7M), Argentina ($3.14M), Indonesia ($2.9M), and Vietnam ($1.12M).

The fastest growing import markets in Ground Nuts for Malaysia between 2022 and 2023 were China ($2.87M), Argentina ($595k), and Sudan ($565k).

COMPANIES In 2023, leading companies such as Motorola (2) were at the forefront of shipping Ground Nuts from Malaysia to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Malaysia's Ground Nuts exports accounted up to MYR185k and imports accounted up to MYR39.1M, resulting in a negative trade balance of MYR38.9M. Between November 2023 and November 2024 the exports of Malaysia's   Ground Nuts have decreased by MYR-7.72M (-97.7%) from MYR7.91M to MYR185k, while imports decreased by MYR-16.8M (-30.1%) from MYR56M to MYR39.1M.

Destinations In November 2024, Ground Nuts were exported mostly to China (MYR140k), Vietnam (MYR35.4k), Brunei (MYR8.6k), Singapore (MYR622), and Papua New Guinea (MYR93), and were imported mostly from India (MYR24.9M), China (MYR11.8M), Indonesia (MYR1.36M), Vietnam (MYR585k), and Argentina (MYR335k).

Growth In November 2024, the decrease in Ground Nuts's year-by-year exports was explained primarily by a decrease in exports to . In November 2024, the decrease in Ground Nuts's year-by-year imports was explained primarily by a decrease in imports from India (MYR-13.2M or -50.2%), China (MYR-6.73M or -51.8%), and Indonesia (MYR-1.58M or -99.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)MYR-7.72M(-97.7%)
IMPORT GROWTH (November 2023 - November 2024)MYR-16.8M(-30.1%)
MAIN DESTINATION (November 2024)ChinaMYR140k

This section shows Ground Nuts'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 Ground Nuts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$2.98M
IMPORTS (2023)$88.8M
NET TRADE (2023)-$85.9M

In 2023, Malaysia exported $2.98M in Ground Nuts. The main destinations of Malaysia exports on Ground Nuts were Indonesia ($2.77M), China ($61.8k), Brunei ($50.1k), Vietnam ($40.6k), and Singapore ($20.7k).

In 2023, Malaysia imported $88.8M in Ground Nuts, mainly from India ($57.9M), China ($21.7M), Argentina ($3.14M), Indonesia ($2.9M), and Vietnam ($1.12M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Ground Nuts EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
Indonesia$1.29M (87.7%)
Vietnam$40.6k (1%)
Brunei$37.4k (294%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ground Nuts BY Malaysia WERE (2022 - 2023):
China-$229k (-78.8%)
United Arab Emirates-$110k (-100%)
India-$63k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Ground Nuts were:
Argentina $836M
India $807M
United States $658M
In 2023, Malaysia's main importing competitors in Ground Nuts were:
China $716M
Netherlands $544M
Indonesia $375M

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Trade Value of Ground Nuts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $1.26M
TOP IMPORT POTENTIALArgentina+ $1.98M

Ground Nuts’s highest export potential is Indonesia. With an export gap of $1.26M.   Ground Nuts’s highest import potential is Argentina with an import gap of $1.98M.

See methodology.

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