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2022
Exports $2.46MWorld Rnk 51 / 125
Flag Rnk 845 / 1198
2022
Destination $847k Brunei
2021 - 2022
FASTEST GROWING MARKET $847kSingapore
2022
PRODUCT COMPLEXITY IN Pig Meat0.68Rnk 284 / 1025
2022
Imports $108MWorld Rnk 40 / 218
Flag Rnk 345 / 1203
2022
Origin $35.3M Spain
2021 - 2022
FASTEST GROWING ORIGIN $35.3MSpain
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $2.46M in Pig Meat, making it the 51st largest exporter of Pig Meat in the world. At the same year, Pig Meat was the 845th most exported product in Malaysia. The main destination of Pig Meat exports from Malaysia are: Brunei ($1.11M), Singapore ($911k), Hong Kong ($188k), Spain ($139k), and Denmark ($83k).

The fastest growing export markets for Pig Meat of Malaysia between 2021 and 2022 were Singapore ($847k), Spain ($139k), and Denmark ($83k).

Imports In 2022, Malaysia imported $108M in Pig Meat, becoming the 40th largest importer of Pig Meat in the world. At the same year, Pig Meat was the 345th most imported product in Malaysia. Malaysia imports Pig Meat primarily from: Spain ($48.2M), Netherlands ($22.9M), Denmark ($18.1M), Belgium ($6.78M), and Singapore ($6.17M).

The fastest growing import markets in Pig Meat for Malaysia between 2021 and 2022 were Spain ($35.3M), Netherlands ($12M), and Denmark ($10.9M).

Latest Trends

August 2024

About

Overview In August 2024 Malaysia's Pig Meat exports accounted up to MYR848k and imports accounted up to MYR91.1M, resulting in a negative trade balance of MYR90.3M. Between August 2023 and August 2024 the exports of Malaysia's   Pig Meat have increased by MYR295k (53.3%) from MYR553k to MYR848k, while imports increased by MYR13.6M (17.5%) from MYR77.6M to MYR91.1M.

Destinations In August 2024, Pig Meat were exported mostly to Brunei (MYR749k), Hong Kong (MYR97.8k), South Korea (MYR900), and Panama (MYR750), and were imported mostly from Spain (MYR31.9M), Denmark (MYR21.7M), Canada (MYR12.4M), United States (MYR10.6M), and Netherlands (MYR5.52M).

Growth In August 2024, the increase in Pig Meat's year-by-year exports was explained primarily by an increase in exports to . In August 2024, the increase in Pig Meat's year-by-year imports was explained primarily by an increase in imports from Spain (MYR17.8M or 232%), Netherlands (MYR5.42M or 218%), and Belgium (MYR1.26M or 21%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)MYR295k(53.3%)
IMPORT GROWTH (August 2023 - August 2024)MYR13.6M(17.5%)
MAIN DESTINATION (August 2024)BruneiMYR749k

This section shows Pig Meat'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 Pig Meat over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.46M
IMPORTS (2022)$108M
NET TRADE (2022)-$106M

In 2022, Malaysia exported $2.46M in Pig Meat. The main destinations of Malaysia exports on Pig Meat were Brunei ($1.11M), Singapore ($911k), Hong Kong ($188k), Spain ($139k), and Denmark ($83k).

In 2022, Malaysia imported $108M in Pig Meat, mainly from Spain ($48.2M), Netherlands ($22.9M), Denmark ($18.1M), Belgium ($6.78M), and Singapore ($6.17M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pig Meat EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Singapore$847k (1.33k%)
Spain$139k (1%)
Denmark$83k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pig Meat BY Malaysia WERE (2021 - 2022):
Brunei-$2.53M (-69.4%)
China-$206k (-100%)
Indonesia-$176k (-92.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Pig Meat were:
Spain $5.92B
United States $5.38B
Germany $3.8B
In 2022, Malaysia's main importing competitors in Pig Meat were:
China $4.34B
Japan $4.03B
Italy $2.33B

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Trade Value of Pig Meat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSingapore+ $317k
TOP IMPORT POTENTIALUnited States+ $1.91M

Pig Meat’s highest export potential is Singapore. With an export gap of $317k.   Pig Meat’s highest import potential is United States with an import gap of $1.91M.

See methodology.

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