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2023
Exports $537MWorld Rnk 4 / 162
Flag Rnk 90 / 1208
2023
Destination $16.2M China
2022 - 2023
FASTEST GROWING MARKET $16.2MChina
2023
PRODUCT COMPLEXITY IN Margarine-0.85Rnk 793 / 1025
2023
Imports $57.1MWorld Rnk 35 / 221
Flag Rnk 454 / 1211
2023
Origin $14.3M Indonesia
2022 - 2023
FASTEST GROWING ORIGIN $14.3MIndonesia
2023
ECONOMIC COMPLEXITY of Malaysia1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $537M in Margarine, making it the 4th largest exporter of Margarine in the world. At the same year, Margarine was the 90th most exported product in Malaysia. The main destination of Margarine exports from Malaysia are: China ($61.7M), Brazil ($51.5M), Thailand ($47.7M), Australia ($32.6M), and Singapore ($31M).

The fastest growing export markets for Margarine of Malaysia between 2022 and 2023 were China ($16.2M), Brazil ($15M), and Egypt ($7.97M).

Imports In 2023, Malaysia imported $57.1M in Margarine, becoming the 35th largest importer of Margarine in the world. At the same year, Margarine was the 454th most imported product in Malaysia. Malaysia imports Margarine primarily from: Indonesia ($42.2M), Singapore ($9.43M), Australia ($1.58M), Belgium ($620k), and Netherlands ($505k).

The fastest growing import markets in Margarine for Malaysia between 2022 and 2023 were Indonesia ($14.3M), Singapore ($1.14M), and Australia ($367k).

Latest Trends

December 2024

About

Overview In December 2024 Malaysia's Margarine exports accounted up to MYR219M and imports accounted up to MYR22M, resulting in a positive trade balance of MYR197M. Between December 2023 and December 2024 the exports of Malaysia's   Margarine have increased by MYR26.4M (13.7%) from MYR193M to MYR219M, while imports decreased by MYR-10.5M (-32.2%) from MYR32.5M to MYR22M.

Destinations In December 2024, Margarine were exported mostly to China (MYR30.8M), Brazil (MYR21.7M), Singapore (MYR13.4M), Thailand (MYR12.5M), and Australia (MYR11M), and were imported mostly from Indonesia (MYR13.2M), Singapore (MYR4.43M), Australia (MYR2.98M), Belgium (MYR481k), and China (MYR396k).

Growth In December 2024, the increase in Margarine's year-by-year exports was explained primarily by an increase in exports to United States (MYR7.73M or 225%), Kazakhstan (MYR5.78M or 1.26k%), and United Arab Emirates (MYR4.4M or 205%). In December 2024, the decrease in Margarine's year-by-year imports was explained primarily by a decrease in imports from Netherlands (MYR-229k or -67.2%), Chinese Taipei (MYR-64k or -17%), and Japan (MYR-24.8k or -16.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)MYR26.4M(13.7%)
IMPORT GROWTH (December 2023 - December 2024)MYR-10.5M(-32.2%)
MAIN DESTINATION (December 2024)ChinaMYR30.8M

This section shows Margarine'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 Margarine over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$537M
IMPORTS (2023)$57.1M
NET TRADE (2023)$480M

In 2023, Malaysia exported $537M in Margarine. The main destinations of Malaysia exports on Margarine were China ($61.7M), Brazil ($51.5M), Thailand ($47.7M), Australia ($32.6M), and Singapore ($31M).

In 2023, Malaysia imported $57.1M in Margarine, mainly from Indonesia ($42.2M), Singapore ($9.43M), Australia ($1.58M), Belgium ($620k), and Netherlands ($505k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Margarine EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
China$16.2M (35.6%)
Brazil$15M (41%)
Egypt$7.97M (210%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Margarine BY Malaysia WERE (2022 - 2023):
Australia-$13.1M (-28.7%)
Thailand-$12.7M (-21.1%)
Canada-$10.4M (-36.4%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Margarine were:
Indonesia $1.61B
Belgium $814M
Netherlands $682M
In 2023, Malaysia's main importing competitors in Margarine were:
China $1.08B
France $521M
Germany $411M

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Trade Value of Margarine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $29.9M
TOP IMPORT POTENTIALIndonesia+ $10.1M

Margarine’s highest export potential is China. With an export gap of $29.9M.   Margarine’s highest import potential is Indonesia with an import gap of $10.1M.

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