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2022
Exports $438MWorld Rnk 7 / 126
Flag Rnk 107 / 1198
2022
Destination $38.6M New Zealand
2021 - 2022
FASTEST GROWING MARKET $38.6MNew Zealand
2022
PRODUCT COMPLEXITY IN Other Vegetable Residues-1.23Rnk 885 / 1025
2022
Imports $40.3MWorld Rnk 36 / 190
Flag Rnk 561 / 1203
2022
Origin $398k Indonesia
2021 - 2022
FASTEST GROWING ORIGIN $398kPapua New Guinea
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $438M in Other Vegetable Residues, making it the 7th largest exporter of Other Vegetable Residues in the world. At the same year, Other Vegetable Residues was the 107th most exported product in Malaysia. The main destination of Other Vegetable Residues exports from Malaysia are: New Zealand ($145M), South Korea ($100M), China ($93.5M), Japan ($27.1M), and Pakistan ($20.6M).

The fastest growing export markets for Other Vegetable Residues of Malaysia between 2021 and 2022 were New Zealand ($38.6M), China ($36.6M), and Spain ($9.11M).

Imports In 2022, Malaysia imported $40.3M in Other Vegetable Residues, becoming the 36th largest importer of Other Vegetable Residues in the world. At the same year, Other Vegetable Residues was the 561st most imported product in Malaysia. Malaysia imports Other Vegetable Residues primarily from: Indonesia ($30.1M), Ukraine ($4.66M), India ($1.58M), Netherlands ($841k), and Papua New Guinea ($719k).

The fastest growing import markets in Other Vegetable Residues for Malaysia between 2021 and 2022 were Papua New Guinea ($398k), Turkey ($330k), and Canada ($210k).

Latest Trends

October 2024

About

Overview In October 2024 Malaysia's Other Vegetable Residues exports accounted up to MYR122M and imports accounted up to MYR6.23M, resulting in a positive trade balance of MYR116M. Between October 2023 and October 2024 the exports of Malaysia's   Other Vegetable Residues have decreased by MYR-29.4M (-19.4%) from MYR152M to MYR122M, while imports decreased by MYR-9.39M (-60.1%) from MYR15.6M to MYR6.23M.

Destinations In October 2024, Other Vegetable Residues were exported mostly to New Zealand (MYR59.9M), South Korea (MYR27.3M), China (MYR16.1M), Netherlands (MYR11.3M), and Japan (MYR4.11M), and were imported mostly from Ukraine (MYR2.62M), Netherlands (MYR949k), India (MYR801k), United States (MYR589k), and Italy (MYR478k).

Growth In October 2024, the decrease in Other Vegetable Residues's year-by-year exports was explained primarily by a decrease in exports to Japan (MYR-8.58M or -58.6%), Vietnam (MYR-5.84M or -98.6%), and South Korea (MYR-3.43M or -11.8%). In October 2024, the decrease in Other Vegetable Residues's year-by-year imports was explained primarily by a decrease in imports from Ukraine (MYR-9.54M or -95.4%), India (MYR-322k or -80.3%), and Netherlands (MYR-243k or -27.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)MYR-29.4M(-19.4%)
IMPORT GROWTH (October 2023 - October 2024)MYR-9.39M(-60.1%)
MAIN DESTINATION (October 2024)New ZealandMYR59.9M

This section shows Other Vegetable Residues'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 Vegetable Residues over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$438M
IMPORTS (2022)$40.3M
NET TRADE (2022)$398M

In 2022, Malaysia exported $438M in Other Vegetable Residues. The main destinations of Malaysia exports on Other Vegetable Residues were New Zealand ($145M), South Korea ($100M), China ($93.5M), Japan ($27.1M), and Pakistan ($20.6M).

In 2022, Malaysia imported $40.3M in Other Vegetable Residues, mainly from Indonesia ($30.1M), Ukraine ($4.66M), India ($1.58M), Netherlands ($841k), and Papua New Guinea ($719k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Vegetable Residues EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
New Zealand$38.6M (36.3%)
China$36.6M (64.3%)
Spain$9.11M (2.27M%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Vegetable Residues BY Malaysia WERE (2021 - 2022):
Pakistan-$17.9M (-46.5%)
Japan-$10.9M (-28.7%)
Vietnam-$9.15M (-64.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Other Vegetable Residues were:
Indonesia $2.39B
Canada $1.94B
Ukraine $785M
In 2022, Malaysia's main importing competitors in Other Vegetable Residues were:
China $2.4B
United States $1.28B
Netherlands $843M

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Trade Value of Other Vegetable Residues by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $39M
TOP IMPORT POTENTIALIndonesia+ $11.8M

Other Vegetable Residues’s highest export potential is China. With an export gap of $39M.   Other Vegetable Residues’s highest import potential is Indonesia with an import gap of $11.8M.

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