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2022
Exports $354MWorld Rnk 31 / 201
Flag Rnk 51 / 96
2022
Destination $13M Vietnam
2021 - 2022
FASTEST GROWING MARKET $13MChina
2022
PRODUCT COMPLEXITY IN Sugars & confectioneries-0.11Rnk 587 / 1025
2022
Imports $1.08BWorld Rnk 12 / 224
Flag Rnk 40 / 96
2022
Origin $130M Brazil
2021 - 2022
FASTEST GROWING ORIGIN $130MThailand
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $354M in Sugars & confectioneries, making it the 31st largest exporter of Sugars & confectioneries in the world. At the same year, Sugars & confectioneries was the 51st most exported product in Malaysia. The main destination of Sugars & confectioneries exports from Malaysia are: Vietnam ($85M), China ($54.4M), Singapore ($45.4M), Indonesia ($29.1M), and Philippines ($24.8M).

The fastest growing export markets for Sugars & confectioneries of Malaysia between 2021 and 2022 were China ($13M), Philippines ($10.3M), and Singapore ($10.2M).

Imports In 2022, Malaysia imported $1.08B in Sugars & confectioneries, becoming the 12th largest importer of Sugars & confectioneries in the world. At the same year, Sugars & confectioneries was the 40th most imported product in Malaysia. Malaysia imports Sugars & confectioneries primarily from: Brazil ($386M), India ($220M), Thailand ($217M), China ($133M), and South Africa ($34.9M).

The fastest growing import markets in Sugars & confectioneries for Malaysia between 2021 and 2022 were Thailand ($130M), India ($77.5M), and China ($51.3M).

COMPANIES In 2023, leading companies such as Halyard Health (16), Panasonic (9), and Lollicup (3) were at the forefront of shipping Sugars & confectioneries from Malaysia to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Sugars & confectioneries exports accounted up to MYR108M and imports accounted up to MYR642M, resulting in a negative trade balance of MYR535M. Between June 2023 and June 2024 the exports of Malaysia's   Sugars & confectioneries have decreased by MYR-36.9M (-25.6%) from MYR144M to MYR108M, while imports increased by MYR51.3M (8.68%) from MYR591M to MYR642M.

Destinations In June 2024, Sugars & confectioneries were exported mostly to Singapore (MYR20.2M), China (MYR17.2M), Indonesia (MYR11M), Vietnam (MYR7.69M), and Hong Kong (MYR7.24M), and were imported mostly from Brazil (MYR501M), China (MYR49.2M), Thailand (MYR37.3M), India (MYR21.9M), and Indonesia (MYR8.87M).

Growth In June 2024, the decrease in Sugars & confectioneries's year-by-year exports was explained primarily by a decrease in exports to Vietnam (MYR-64.2M or -98.2%), China (MYR-9.29M or -46.1%), and Indonesia (MYR-4.63M or -43.8%). In June 2024, the increase in Sugars & confectioneries's year-by-year imports was explained primarily by an increase in imports from Brazil (MYR65.3M or 130%), Thailand (MYR41.8M or 196%), and China (MYR4.76M or 18.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR-36.9M(-25.6%)
IMPORT GROWTH (June 2023 - June 2024)MYR51.3M(8.68%)
MAIN DESTINATION (June 2024)SingaporeMYR20.2M

This section shows Sugars & confectioneries'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 Sugars & confectioneries over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$354M
IMPORTS (2022)$1.08B
NET TRADE (2022)-$727M

In 2022, Malaysia exported $354M in Sugars & confectioneries. The main destinations of Malaysia exports on Sugars & confectioneries were Vietnam ($85M), China ($54.4M), Singapore ($45.4M), Indonesia ($29.1M), and Philippines ($24.8M).

In 2022, Malaysia imported $1.08B in Sugars & confectioneries, mainly from Brazil ($386M), India ($220M), Thailand ($217M), China ($133M), and South Africa ($34.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sugars & confectioneries EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
China$13M (31.3%)
Philippines$10.3M (71.6%)
Singapore$10.2M (29%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sugars & confectioneries BY Malaysia WERE (2021 - 2022):
Vietnam-$39M (-31.4%)
South Korea-$3.4M (-24%)
United Kingdom-$1.53M (-56.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Sugars & confectioneries were:
Brazil $11.7B
India $6.72B
Thailand $3.94B
In 2022, Malaysia's main importing competitors in Sugars & confectioneries were:
United States $6.03B
China $3.19B
Indonesia $2.8B

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Trade Value of Sugars & confectioneries by Exporters

Potential Exports

Potential Exports

Flow
View
N/A
N/AN/A
N/AN/A

Sugars & confectioneries’s highest export potential is N/A. With an export gap of N/A.   Sugars & confectioneries’s highest import potential is N/A with an import gap of N/A.

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