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2023
Exports $87.1kWorld Rnk 70 / 103
Flag Rnk 1110 / 1208
2023
Destination $71.3k China
2022 - 2023
FASTEST GROWING MARKET $71.3kChina
2023
PRODUCT COMPLEXITY IN Sheep and Goats-1.62Rnk 962 / 1025
2023
Imports $5.96MWorld Rnk 32 / 143
Flag Rnk 882 / 1211
2023
Origin $1.77M Australia
2022 - 2023
FASTEST GROWING ORIGIN $1.77MCyprus
2023
ECONOMIC COMPLEXITY of Malaysia1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $87.1k in Sheep and Goats, making it the 70th largest exporter of Sheep and Goats in the world. At the same year, Sheep and Goats was the 1110th most exported product in Malaysia. The main destination of Sheep and Goats exports from Malaysia are: China ($71.3k) and Brunei ($15.8k).

The fastest growing export markets for Sheep and Goats of Malaysia between 2022 and 2023 were China ($71.3k) and Brunei ($15.8k).

Imports In 2023, Malaysia imported $5.96M in Sheep and Goats, becoming the 32nd largest importer of Sheep and Goats in the world. At the same year, Sheep and Goats was the 882nd most imported product in Malaysia. Malaysia imports Sheep and Goats primarily from: Australia ($4.2M) and Cyprus ($1.77M).

The fastest growing import markets in Sheep and Goats for Malaysia between 2022 and 2023 were Cyprus ($1.77M).

Latest Trends

June 2023

About

Overview In June 2023 Malaysia's Sheep and Goats exports accounted up to MYR65k and imports accounted up to MYR3.54M, resulting in a negative trade balance of MYR3.48M. Between April 2015 and June 2023 the exports of Malaysia's   Sheep and Goats have increased by MYR58.3k (867%) from MYR6.72k to MYR65k, while imports increased by MYR1.1M (44.8%) from MYR2.45M to MYR3.54M.

Destinations In June 2023, Sheep and Goats were exported mostly to , and were imported mostly from Australia (MYR3.54M).

Growth In June 2023, the increase in Sheep and Goats's year-by-year exports was explained primarily by an increase in exports to . In November 2024, the increase in Sheep and Goats's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (April 2015 - June 2023)MYR58.3k(867%)
IMPORT GROWTH (October 2023 - November 2024)MYR1.1M(44.8%)
MAIN DESTINATION (June 2023)

This section shows Sheep and Goats'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 Goats over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$87.1k
IMPORTS (2023)$5.96M
NET TRADE (2023)-$5.88M

In 2023, Malaysia exported $87.1k in Sheep and Goats. The main destinations of Malaysia exports on Sheep and Goats were China ($71.3k) and Brunei ($15.8k).

In 2023, Malaysia imported $5.96M in Sheep and Goats, mainly from Australia ($4.2M) and Cyprus ($1.77M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Sheep and Goats EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
China$71.3k (1%)
Brunei$15.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sheep and Goats BY Malaysia WERE (2022 - 2023):United Arab Emirates-$1.14k (-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 Sheep and Goats were:
Sudan $693M
Somalia $377M
Iran $337M
In 2023, Malaysia's main importing competitors in Sheep and Goats were:
Saudi Arabia $1.17B
Oman $345M
Kuwait $283M

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Trade Value of Sheep and Goats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $789
TOP IMPORT POTENTIALIndia+ $7.19k

Sheep and Goats’s highest export potential is United Arab Emirates. With an export gap of $789.   Sheep and Goats’s highest import potential is India with an import gap of $7.19k.

See methodology.

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