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2023
Exports $2.42MWorld Rnk 52 / 133
Flag Rnk 852 / 1208
2023
Destination $412k Brunei
2022 - 2023
FASTEST GROWING MARKET $412kIndonesia
2023
PRODUCT COMPLEXITY IN Pig Meat0.65Rnk 305 / 1025
2023
Imports $197MWorld Rnk 35 / 219
Flag Rnk 212 / 1211
2023
Origin $46.1M Spain
2022 - 2023
FASTEST GROWING ORIGIN $46.1MSpain
2023
ECONOMIC COMPLEXITY of Malaysia1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $2.42M in Pig Meat, making it the 52nd largest exporter of Pig Meat in the world. At the same year, Pig Meat was the 852nd most exported product in Malaysia. The main destination of Pig Meat exports from Malaysia are: Brunei ($1.42M), Indonesia ($426k), Brazil ($305k), Hong Kong ($145k), and Denmark ($95.7k).

The fastest growing export markets for Pig Meat of Malaysia between 2022 and 2023 were Indonesia ($412k), Brazil ($305k), and Denmark ($6.41k).

Imports In 2023, Malaysia imported $197M in Pig Meat, becoming the 35th largest importer of Pig Meat in the world. At the same year, Pig Meat was the 212th most imported product in Malaysia. Malaysia imports Pig Meat primarily from: Spain ($90.4M), Denmark ($43.7M), United States ($16M), Belgium ($13.5M), and Canada ($11.3M).

The fastest growing import markets in Pig Meat for Malaysia between 2022 and 2023 were Spain ($46.1M), Denmark ($24.7M), and United States ($15.2M).

Latest Trends

November 2024

About

Overview In November 2024 Malaysia's Pig Meat exports accounted up to MYR560k and imports accounted up to MYR65.6M, resulting in a negative trade balance of MYR65M. Between November 2023 and November 2024 the exports of Malaysia's   Pig Meat have decreased by MYR-218k (-28%) from MYR778k to MYR560k, while imports increased by MYR6.36M (10.7%) from MYR59.2M to MYR65.6M.

Destinations In November 2024, Pig Meat were exported mostly to Brunei (MYR560k), and were imported mostly from Spain (MYR22.1M), Denmark (MYR16.4M), United States (MYR13.4M), Canada (MYR6.9M), and Belgium (MYR3.11M).

Growth In November 2024, the decrease in Pig Meat's year-by-year exports was explained primarily by a decrease in exports to Brunei (MYR-422k or -48.5%). In November 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 (November 2023 - November 2024)MYR-218k(-28%)
IMPORT GROWTH (November 2023 - November 2024)MYR6.36M(10.7%)
MAIN DESTINATION (November 2024)BruneiMYR560k

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 (2023)$2.42M
IMPORTS (2023)$197M
NET TRADE (2023)-$195M

In 2023, Malaysia exported $2.42M in Pig Meat. The main destinations of Malaysia exports on Pig Meat were Brunei ($1.42M), Indonesia ($426k), Brazil ($305k), Hong Kong ($145k), and Denmark ($95.7k).

In 2023, Malaysia imported $197M in Pig Meat, mainly from Spain ($90.4M), Denmark ($43.7M), United States ($16M), Belgium ($13.5M), and Canada ($11.3M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Pig Meat EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
Indonesia$412k (2.96k%)
Brazil$305k (1%)
Denmark$6.41k (7.19%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pig Meat BY Malaysia WERE (2022 - 2023):
Singapore-$646k (-100%)
Brunei-$347k (-19.6%)
Spain-$139k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Pig Meat were:
Spain $6.54B
United States $5.98B
Germany $4.08B
In 2023, Malaysia's main importing competitors in Pig Meat were:
Japan $3.79B
China $3.27B
Italy $3.16B

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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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