Tea in Malaysia | The Observatory of Economic Complexity

About

Exports In 2023, Malaysia exported $12.9M in Tea, making it the 40th largest exporter of Tea in the world. At the same year, Tea was the 588th most exported product in Malaysia. The main destination of Tea exports from Malaysia are: Thailand ($4.29M), Singapore ($2.51M), Vietnam ($1.93M), Bolivia ($1.11M), and Brunei ($628k).

The fastest growing export markets for Tea of Malaysia between 2022 and 2023 were Vietnam ($1.72M), Singapore ($1.42M), and Bolivia ($1.11M).

Imports In 2023, Malaysia imported $94.3M in Tea, becoming the 22nd largest importer of Tea in the world. At the same year, Tea was the 344th most imported product in Malaysia. Malaysia imports Tea primarily from: China ($38.2M), Indonesia ($14.8M), Kenya ($6.81M), Japan ($6.23M), and Singapore ($5.76M).

The fastest growing import markets in Tea for Malaysia between 2022 and 2023 were Singapore ($4.14M), Indonesia ($1.39M), and Kenya ($1.09M).

COMPANIES In 2023, leading companies such as Walong Marketing (28) were at the forefront of shipping Tea from Malaysia to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Malaysia's Tea exports accounted up to MYR4.46M and imports accounted up to MYR48.1M, resulting in a negative trade balance of MYR43.7M. Between November 2023 and November 2024 the exports of Malaysia's Tea have decreased by MYR-3.99M (-47.2%) from MYR8.46M to MYR4.46M, while imports increased by MYR202k (0.42%) from MYR47.9M to MYR48.1M.

Destinations In November 2024, Tea were exported mostly to Thailand (MYR2.01M), New Zealand (MYR861k), Singapore (MYR855k), Philippines (MYR243k), and Vietnam (MYR206k), and were imported mostly from China (MYR21.3M), Japan (MYR6.8M), Indonesia (MYR4.79M), United Arab Emirates (MYR4.3M), and Singapore (MYR2.73M).

Growth In November 2024, the decrease in Tea's year-by-year exports was explained primarily by a decrease in exports to Thailand (MYR-310k or -15.9%), Vietnam (MYR-296k or -68.8%), and China (MYR-72.7k or -80.1%). In November 2024, the increase in Tea's year-by-year imports was explained primarily by an increase in imports from China (MYR1.7M or 26.3%), Hong Kong (MYR424k or 627%), and Vietnam (MYR339k or 19.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (November 2023 - November 2024)MYR-3.99M(-47.2%)

IMPORT GROWTH (November 2023 - November 2024)MYR202k(0.42%)

MAIN DESTINATION (November 2024)ThailandMYR2.01M

This section shows Tea'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 Tea over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2023)$12.9M

IMPORTS (2023)$94.3M

NET TRADE (2023)-$81.4M

In 2023, Malaysia exported $12.9M in Tea. The main destinations of Malaysia exports on Tea were Thailand ($4.29M), Singapore ($2.51M), Vietnam ($1.93M), Bolivia ($1.11M), and Brunei ($628k).

In 2023, Malaysia imported $94.3M in Tea, mainly from China ($38.2M), Indonesia ($14.8M), Kenya ($6.81M), Japan ($6.23M), and Singapore ($5.76M).

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