2023
Exports
$1.62MWorld Rnk 55 / 127
Flag Rnk 897 / 1208
2023
PRODUCT COMPLEXITY IN Sheep and Goat Meat
-1.56Rnk 952 / 1025
2023
Imports
$166MWorld Rnk 13 / 218
Flag Rnk 240 / 1211
2023
ECONOMIC COMPLEXITY of Malaysia
1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $1.62M in Sheep and Goat Meat, making it the 55th largest exporter of Sheep and Goat Meat in the world. At the same year, Sheep and Goat Meat was the 897th most exported product in Malaysia. The main destination of Sheep and Goat Meat exports from Malaysia are: Germany ($552k), China ($256k), Netherlands ($188k), France ($141k), and United States ($118k).

The fastest growing export markets for Sheep and Goat Meat of Malaysia between 2022 and 2023 were Germany ($552k), Netherlands ($188k), and France ($141k).

Imports In 2023, Malaysia imported $166M in Sheep and Goat Meat, becoming the 13th largest importer of Sheep and Goat Meat in the world. At the same year, Sheep and Goat Meat was the 240th most imported product in Malaysia. Malaysia imports Sheep and Goat Meat primarily from: Australia ($134M), New Zealand ($26.9M), Saudi Arabia ($3.07M), Hong Kong ($604k), and India ($554k).

The fastest growing import markets in Sheep and Goat Meat for Malaysia between 2022 and 2023 were Saudi Arabia ($3.07M), Hong Kong ($467k), and China ($351k).

Latest Trends

October 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - October 2024)MYR-640(-44.4%)
IMPORT GROWTH (November 2023 - November 2024)MYR30.2M(70.5%)
MAIN DESTINATION (October 2024)

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 (2023)$1.62M
IMPORTS (2023)$166M
NET TRADE (2023)-$164M

In 2023, Malaysia exported $1.62M in Sheep and Goat Meat. The main destinations of Malaysia exports on Sheep and Goat Meat were Germany ($552k), China ($256k), Netherlands ($188k), France ($141k), and United States ($118k).

In 2023, Malaysia imported $166M in Sheep and Goat Meat, mainly from Australia ($134M), New Zealand ($26.9M), Saudi Arabia ($3.07M), Hong Kong ($604k), and India ($554k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Sheep and Goat Meat EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
Germany$552k (1%)
Netherlands$188k (1%)
France$141k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sheep and Goat Meat BY Malaysia WERE (2022 - 2023):
Oman-$123k (-97.5%)
New Zealand-$95.1k (-100%)
Sweden-$63.5k (-39.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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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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