2023
Exports
$123MWorld Rnk 15 / 187
Flag Rnk 243 / 1208
2023
PRODUCT COMPLEXITY IN Other Pure Vegetable Oils
-1.06Rnk 848 / 1025
2023
Imports
$104MWorld Rnk 16 / 223
Flag Rnk 322 / 1211
2023
ECONOMIC COMPLEXITY of Malaysia
1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $123M in Other Pure Vegetable Oils, making it the 15th largest exporter of Other Pure Vegetable Oils in the world. At the same year, Other Pure Vegetable Oils was the 243rd most exported product in Malaysia. The main destination of Other Pure Vegetable Oils exports from Malaysia are: Singapore ($43.2M), Australia ($13.1M), Tanzania ($9.24M), Gambia ($9.12M), and Indonesia ($6.76M).

The fastest growing export markets for Other Pure Vegetable Oils of Malaysia between 2022 and 2023 were Tanzania ($5.7M), Indonesia ($1.45M), and Netherlands ($1.28M).

Imports In 2023, Malaysia imported $104M in Other Pure Vegetable Oils, becoming the 16th largest importer of Other Pure Vegetable Oils in the world. At the same year, Other Pure Vegetable Oils was the 322nd most imported product in Malaysia. Malaysia imports Other Pure Vegetable Oils primarily from: Ghana ($40.5M), India ($15.2M), Nigeria ($8.21M), Benin ($6.5M), and Philippines ($6.2M).

The fastest growing import markets in Other Pure Vegetable Oils for Malaysia between 2022 and 2023 were Nigeria ($7.64M), Philippines ($6.2M), and Benin ($4.38M).

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)MYR-1.35M(-9.89%)
IMPORT GROWTH (December 2023 - December 2024)MYR27.7M(92.5%)
MAIN DESTINATION (December 2024)SingaporeMYR2.86M

This section shows Other Pure Vegetable Oils'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 Other Pure Vegetable Oils over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$123M
IMPORTS (2023)$104M
NET TRADE (2023)$19.6M

In 2023, Malaysia exported $123M in Other Pure Vegetable Oils. The main destinations of Malaysia exports on Other Pure Vegetable Oils were Singapore ($43.2M), Australia ($13.1M), Tanzania ($9.24M), Gambia ($9.12M), and Indonesia ($6.76M).

In 2023, Malaysia imported $104M in Other Pure Vegetable Oils, mainly from Ghana ($40.5M), India ($15.2M), Nigeria ($8.21M), Benin ($6.5M), and Philippines ($6.2M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Pure Vegetable Oils EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
Tanzania$5.7M (161%)
Indonesia$1.45M (27.2%)
Netherlands$1.28M (33.5k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Pure Vegetable Oils BY Malaysia WERE (2022 - 2023):
Singapore-$34.6M (-44.5%)
Fiji-$5.83M (-57.4%)
Maldives-$4.05M (-37.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Other Pure Vegetable Oils were:
In 2023, Malaysia's main importing competitors in Other Pure Vegetable Oils were:

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Trade Value of Other Pure Vegetable Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $5.61M
TOP IMPORT POTENTIALIndia+ $6.77M

Other Pure Vegetable Oils’s highest export potential is China. With an export gap of $5.61M.   Other Pure Vegetable Oils’s highest import potential is India with an import gap of $6.77M.

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