2023
Exports
$40.6MWorld Rnk 17 / 146
Flag Rnk 386 / 1208
2023
PRODUCT COMPLEXITY IN Preserved Meat
-0.14Rnk 604 / 1025
2023
Imports
$1.29MWorld Rnk 96 / 214
Flag Rnk 1060 / 1211
2023
ECONOMIC COMPLEXITY of Malaysia
1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $40.6M in Preserved Meat, making it the 17th largest exporter of Preserved Meat in the world. At the same year, Preserved Meat was the 386th most exported product in Malaysia. The main destination of Preserved Meat exports from Malaysia are: Thailand ($39.9M), Hong Kong ($628k), Indonesia ($69.1k), Maldives ($30.1k), and Brunei ($12.7k).

The fastest growing export markets for Preserved Meat of Malaysia between 2022 and 2023 were Thailand ($15.5M), Hong Kong ($497k), and Maldives ($30k).

Imports In 2023, Malaysia imported $1.29M in Preserved Meat, becoming the 96th largest importer of Preserved Meat in the world. At the same year, Preserved Meat was the 1060th most imported product in Malaysia. Malaysia imports Preserved Meat primarily from: Italy ($495k), Spain ($227k), United States ($224k), India ($133k), and Hong Kong ($57.1k).

The fastest growing import markets in Preserved Meat for Malaysia between 2022 and 2023 were Italy ($248k), India ($133k), and Hong Kong ($57.1k).

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)MYR6.1M(592%)
IMPORT GROWTH (September 2023 - November 2024)MYR-499k(-88.1%)
MAIN DESTINATION (November 2024)ThailandMYR7.07M

This section shows Preserved 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 Preserved Meat over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$40.6M
IMPORTS (2023)$1.29M
NET TRADE (2023)$39.4M

In 2023, Malaysia exported $40.6M in Preserved Meat. The main destinations of Malaysia exports on Preserved Meat were Thailand ($39.9M), Hong Kong ($628k), Indonesia ($69.1k), Maldives ($30.1k), and Brunei ($12.7k).

In 2023, Malaysia imported $1.29M in Preserved Meat, mainly from Italy ($495k), Spain ($227k), United States ($224k), India ($133k), and Hong Kong ($57.1k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Preserved Meat EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
Thailand$15.5M (63.6%)
Hong Kong$497k (378%)
Maldives$30k (42.2k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Preserved Meat BY Malaysia WERE (2022 - 2023):
Indonesia-$117k (-62.9%)
China-$31.6k (-100%)
Panama-$16.5k (-76.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Preserved Meat were:
In 2023, Malaysia's main importing competitors in Preserved Meat were:

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Trade Value of Preserved Meat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $147k
TOP IMPORT POTENTIALItaly+ $240k

Preserved Meat’s highest export potential is Indonesia. With an export gap of $147k.   Preserved Meat’s highest import potential is Italy with an import gap of $240k.

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