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2022
Exports $687kWorld Rnk 68 / 117
Flag Rnk 981 / 1198
2022
Destination $238k China
2021 - 2022
FASTEST GROWING MARKET $238kChina
2022
PRODUCT COMPLEXITY IN Sheep and Goat Meat-1.65Rnk 965 / 1025
2022
Imports $272MWorld Rnk 10 / 215
Flag Rnk 174 / 1203
2022
Origin $41.9M Australia
2021 - 2022
FASTEST GROWING ORIGIN $41.9MNew Zealand
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $687k in Sheep and Goat Meat, making it the 68th largest exporter of Sheep and Goat Meat in the world. At the same year, Sheep and Goat Meat was the 981st most exported product in Malaysia. The main destination of Sheep and Goat Meat exports from Malaysia are: China ($256k), Sweden ($162k), Oman ($120k), New Zealand ($95.1k), and Cambodia ($45.3k).

The fastest growing export markets for Sheep and Goat Meat of Malaysia between 2021 and 2022 were China ($238k), Sweden ($162k), and Oman ($120k).

Imports In 2022, Malaysia imported $272M in Sheep and Goat Meat, becoming the 10th largest importer of Sheep and Goat Meat in the world. At the same year, Sheep and Goat Meat was the 174th most imported product in Malaysia. Malaysia imports Sheep and Goat Meat primarily from: Australia ($199M), New Zealand ($69.7M), India ($2.5M), Singapore ($172k), and Hong Kong ($135k).

The fastest growing import markets in Sheep and Goat Meat for Malaysia between 2021 and 2022 were New Zealand ($41.9M), Australia ($34.1M), and India ($1.35M).

Latest Trends

August 2024

About

Overview In August 2024 Malaysia's Sheep and Goat Meat exports accounted up to MYR714k and imports accounted up to MYR72.7M, resulting in a negative trade balance of MYR72M. Between February 2023 and August 2024 the exports of Malaysia's   Sheep and Goat Meat have increased by MYR448k (169%) from MYR266k to MYR714k, while imports increased by MYR23.9M (49%) from MYR48.8M to MYR72.7M.

Destinations In August 2024, Sheep and Goat Meat were exported mostly to Singapore (MYR707k), Liberia (MYR6.75k), and Belize (MYR750), and were imported mostly from Australia (MYR62.4M), New Zealand (MYR9.1M), India (MYR629k), Brazil (MYR449k), and Austria (MYR184k).

Growth In August 2024, the increase in Sheep and Goat Meat's year-by-year exports was explained primarily by an increase in exports to . In August 2024, the increase in Sheep and Goat Meat's year-by-year imports was explained primarily by an increase in imports from New Zealand (MYR1.62M or 10.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2023 - August 2024)MYR448k(169%)
IMPORT GROWTH (August 2023 - August 2024)MYR23.9M(49%)
MAIN DESTINATION (August 2024)SingaporeMYR707k

This section shows Sheep and Goat 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 Sheep and Goat Meat over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$687k
IMPORTS (2022)$272M
NET TRADE (2022)-$271M

In 2022, Malaysia exported $687k in Sheep and Goat Meat. The main destinations of Malaysia exports on Sheep and Goat Meat were China ($256k), Sweden ($162k), Oman ($120k), New Zealand ($95.1k), and Cambodia ($45.3k).

In 2022, Malaysia imported $272M in Sheep and Goat Meat, mainly from Australia ($199M), New Zealand ($69.7M), India ($2.5M), Singapore ($172k), and Hong Kong ($135k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sheep and Goat Meat EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
China$238k (1.31k%)
Sweden$162k (1%)
Oman$120k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sheep and Goat Meat BY Malaysia WERE (2021 - 2022):
Maldives-$92.5k (-100%)
Cambodia-$85.4k (-65.4%)
Bangladesh-$45.1k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Sheep and Goat Meat were:
Australia $3.54B
New Zealand $2.79B
United Kingdom $630M
In 2022, Malaysia's main importing competitors in Sheep and Goat Meat were:
China $1.73B
United States $1.53B
France $821M

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Trade Value of Sheep and Goat Meat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $392k
TOP IMPORT POTENTIALIndia+ $1.85M

Sheep and Goat Meat’s highest export potential is China. With an export gap of $392k.   Sheep and Goat Meat’s highest import potential is India with an import gap of $1.85M.

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