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2023
Exports $121MWorld Rnk 9 / 146
Flag Rnk 247 / 1208
2023
Destination $6.06M Netherlands
2022 - 2023
FASTEST GROWING MARKET $6.06MNetherlands
2023
PRODUCT COMPLEXITY IN Petroleum Jelly-0.23Rnk 625 / 1025
2023
Imports $47.9MWorld Rnk 22 / 209
Flag Rnk 493 / 1211
2023
Origin $3.6M Singapore
2022 - 2023
FASTEST GROWING ORIGIN $3.6MSingapore
2023
ECONOMIC COMPLEXITY of Malaysia1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $121M in Petroleum Jelly, making it the 9th largest exporter of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 247th most exported product in Malaysia. The main destination of Petroleum Jelly exports from Malaysia are: Netherlands ($21.8M), China ($10.9M), Australia ($10.5M), United States ($8.75M), and Japan ($7.39M).

The fastest growing export markets for Petroleum Jelly of Malaysia between 2022 and 2023 were Netherlands ($6.06M), Brunei ($1.98M), and Chinese Taipei ($342k).

Imports In 2023, Malaysia imported $47.9M in Petroleum Jelly, becoming the 22nd largest importer of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 493rd most imported product in Malaysia. Malaysia imports Petroleum Jelly primarily from: Singapore ($28.5M), China ($8.01M), United Arab Emirates ($2.14M), United States ($1.46M), and Japan ($1.34M).

The fastest growing import markets in Petroleum Jelly for Malaysia between 2022 and 2023 were Singapore ($3.6M), Hong Kong ($898k), and China ($569k).

Latest Trends

November 2024

About

Overview In November 2024 Malaysia's Petroleum Jelly exports accounted up to MYR75.9M and imports accounted up to MYR16.6M, resulting in a positive trade balance of MYR59.3M. Between November 2023 and November 2024 the exports of Malaysia's   Petroleum Jelly have increased by MYR23.9M (46%) from MYR52M to MYR75.9M, while imports increased by MYR791k (5%) from MYR15.8M to MYR16.6M.

Destinations In November 2024, Petroleum Jelly were exported mostly to Netherlands (MYR24.6M), China (MYR11.5M), Japan (MYR9.68M), Germany (MYR8.29M), and Vietnam (MYR3.61M), and were imported mostly from Singapore (MYR8.6M), China (MYR4.52M), Thailand (MYR900k), India (MYR439k), and Japan (MYR409k).

Growth In November 2024, the increase in Petroleum Jelly's year-by-year exports was explained primarily by an increase in exports to China (MYR6.43M or 94.2%), Japan (MYR4.03M or 298%), and Mexico (MYR3.53M or 907%). In November 2024, the increase in Petroleum Jelly's year-by-year imports was explained primarily by an increase in imports from Indonesia (MYR728k or 608%), Singapore (MYR192k or 4.03%), and Germany (MYR167k or 2.03k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)MYR23.9M(46%)
IMPORT GROWTH (November 2023 - November 2024)MYR791k(5%)
MAIN DESTINATION (November 2024)NetherlandsMYR24.6M

This section shows Petroleum Jelly'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 Petroleum Jelly over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$121M
IMPORTS (2023)$47.9M
NET TRADE (2023)$73.2M

In 2023, Malaysia exported $121M in Petroleum Jelly. The main destinations of Malaysia exports on Petroleum Jelly were Netherlands ($21.8M), China ($10.9M), Australia ($10.5M), United States ($8.75M), and Japan ($7.39M).

In 2023, Malaysia imported $47.9M in Petroleum Jelly, mainly from Singapore ($28.5M), China ($8.01M), United Arab Emirates ($2.14M), United States ($1.46M), and Japan ($1.34M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Petroleum Jelly EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
Netherlands$6.06M (38.6%)
Brunei$1.98M (92.6%)
Chinese Taipei$342k (26.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Jelly BY Malaysia WERE (2022 - 2023):
Germany-$58.6M (-95.9%)
United States-$48M (-84.6%)
Japan-$15.9M (-68.3%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Petroleum Jelly were:
China $1.06B
United States $389M
Germany $347M
In 2023, Malaysia's main importing competitors in Petroleum Jelly were:
United States $329M
Canada $299M
Netherlands $285M

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Trade Value of Petroleum Jelly by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $5.8M
TOP IMPORT POTENTIALChina+ $4.23M

Petroleum Jelly’s highest export potential is China. With an export gap of $5.8M.   Petroleum Jelly’s highest import potential is China with an import gap of $4.23M.

See methodology.

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