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Exports In 2023, Malaysia exported $3.36M in Olive Oil, making it the 9th largest exporter of Olive Oil in the world. At the same year, Olive Oil was the 799th most exported product in Malaysia. The main destination of Olive Oil exports from Malaysia are: Burkina Faso ($2.9M), Philippines ($438k), Oman ($18.2k), Netherlands ($1.17k), and Indonesia ($1.05k).

The fastest growing export markets for Olive Oil of Malaysia between 2022 and 2023 were Burkina Faso ($2.9M), Philippines ($438k), and Oman ($18.2k).

Imports In 2023, Malaysia imported $2.64M in Olive Oil, becoming the 35th largest importer of Olive Oil in the world. At the same year, Olive Oil was the 987th most imported product in Malaysia. Malaysia imports Olive Oil primarily from: Spain ($1.96M), Italy ($624k), Singapore ($19.1k), Turkey ($14.6k), and Australia ($9.94k).

The fastest growing import markets in Olive Oil for Malaysia between 2022 and 2023 were Spain ($1.17M), Turkey ($8.17k), and France ($1.34k).

COMPANIES In 2023, leading companies such as Wismettac Asian Foods (1) were at the forefront of shipping Olive Oil from Malaysia to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2018 - July 2024)MYR-861k(-90.2%)
IMPORT GROWTH (November 2023 - November 2024)MYR1.38M(145%)
MAIN DESTINATION (July 2024)

This section shows Olive 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 Olive Oil over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$3.36M
IMPORTS (2023)$2.64M
NET TRADE (2023)$716k

In 2023, Malaysia exported $3.36M in Olive Oil. The main destinations of Malaysia exports on Olive Oil were Burkina Faso ($2.9M), Philippines ($438k), Oman ($18.2k), Netherlands ($1.17k), and Indonesia ($1.05k).

In 2023, Malaysia imported $2.64M in Olive Oil, mainly from Spain ($1.96M), Italy ($624k), Singapore ($19.1k), Turkey ($14.6k), and Australia ($9.94k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Olive Oil EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
Burkina Faso$2.9M (1%)
Philippines$438k (1%)
Oman$18.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Olive Oil BY Malaysia WERE (2022 - 2023):
Mongolia-$145k (-100%)
Yemen-$133k (-100%)
Fiji-$124k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Olive Oil were:
Spain $320M
Italy $114M
In 2023, Malaysia's main importing competitors in Olive Oil were:

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Trade Value of Olive Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $11k
TOP IMPORT POTENTIALTurkey+ $15.5k

Olive Oil’s highest export potential is United Arab Emirates. With an export gap of $11k.   Olive Oil’s highest import potential is Turkey with an import gap of $15.5k.

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