Peat in Malaysia | The Observatory of Economic Complexity

About

Exports In 2022, Malaysia exported $43.3k in Peat, making it the 64th largest exporter of Peat in the world. At the same year, Peat was the 1133rd most exported product in Malaysia. The main destination of Peat exports from Malaysia are: Brunei ($24.5k), Singapore ($11k), Indonesia ($4.59k), India ($1.79k), and Maldives ($1.31k).

The fastest growing export markets for Peat of Malaysia between 2021 and 2022 were Indonesia ($4.59k), India ($1.79k), and Maldives ($1.31k).

Imports In 2022, Malaysia imported $4.18M in Peat, becoming the 50th largest importer of Peat in the world. At the same year, Peat was the 966th most imported product in Malaysia. Malaysia imports Peat primarily from: Netherlands ($1.47M), Estonia ($741k), Latvia ($700k), Lithuania ($595k), and India ($328k).

The fastest growing import markets in Peat for Malaysia between 2021 and 2022 were Denmark ($4.7k), Ireland ($3.32k), and United Kingdom ($2.74k).

Latest Trends

August 2024

About

Overview In August 2024 Malaysia's Peat exports accounted up to MYR4.72k and imports accounted up to MYR1.91M, resulting in a negative trade balance of MYR1.91M. Between May 2023 and August 2024 the exports of Malaysia's Peat have decreased by MYR-33.3k (-87.6%) from MYR38.1k to MYR4.72k, while imports increased by MYR363k (23.4%) from MYR1.55M to MYR1.91M.

Destinations In August 2024, Peat were exported mostly to , and were imported mostly from Netherlands (MYR781k), Lithuania (MYR592k), Latvia (MYR205k), India (MYR131k), and Finland (MYR56.7k).

Growth In August 2024, the decrease in Peat's year-by-year exports was explained primarily by a decrease in exports to . In September 2024, the increase in Peat's year-by-year imports was explained primarily by an increase in imports from Finland (MYR110k or 195%) and Lithuania (MYR2.56k or 0.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (May 2023 - August 2024)MYR-33.3k(-87.6%)

IMPORT GROWTH (September 2023 - September 2024)MYR363k(23.4%)

MAIN DESTINATION (August 2024)

This section shows Peat'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 Peat over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$43.3k

IMPORTS (2022)$4.18M

NET TRADE (2022)-$4.14M

In 2022, Malaysia exported $43.3k in Peat. The main destinations of Malaysia exports on Peat were Brunei ($24.5k), Singapore ($11k), Indonesia ($4.59k), India ($1.79k), and Maldives ($1.31k).

In 2022, Malaysia imported $4.18M in Peat, mainly from Netherlands ($1.47M), Estonia ($741k), Latvia ($700k), Lithuania ($595k), and India ($328k).

Explore Visualizations