Wheat in Malaysia | The Observatory of Economic Complexity

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Exports In 2022, Malaysia exported $1.17M in Wheat, making it the 64th largest exporter of Wheat in the world. At the same year, Wheat was the 933rd most exported product in Malaysia. The main destination of Wheat exports from Malaysia are: Singapore ($749k), Philippines ($188k), Vietnam ($151k), Thailand ($54k), and Brunei ($8.78k).

The fastest growing export markets for Wheat of Malaysia between 2021 and 2022 were Singapore ($228k), Vietnam ($132k), and Philippines ($40.4k).

Imports In 2022, Malaysia imported $549M in Wheat, becoming the 39th largest importer of Wheat in the world. At the same year, Wheat was the 96th most imported product in Malaysia. Malaysia imports Wheat primarily from: Australia ($373M), Canada ($102M), United States ($30.5M), India ($29.6M), and Argentina ($12.2M).

The fastest growing import markets in Wheat for Malaysia between 2021 and 2022 were Australia ($67.9M), Canada ($42.6M), and India ($14.6M).

Latest Trends

September 2024

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Overview In September 2024 Malaysia's Wheat exports accounted up to MYR10k and imports accounted up to MYR90.3M, resulting in a negative trade balance of MYR90.3M. Between September 2023 and September 2024 the exports of Malaysia's Wheat have decreased by MYR-31.7k (-75.9%) from MYR41.7k to MYR10k, while imports decreased by MYR-177M (-66.3%) from MYR268M to MYR90.3M.

Destinations In September 2024, Wheat were exported mostly to Singapore (MYR7.24k) and New Zealand (MYR2.8k), and were imported mostly from Australia (MYR43.1M), Canada (MYR25.6M), Ukraine (MYR12.3M), United States (MYR4.68M), and Romania (MYR3.27M).

Growth In September 2024, the decrease in Wheat's year-by-year exports was explained primarily by a decrease in exports to . In September 2024, the decrease in Wheat's year-by-year imports was explained primarily by a decrease in imports from United States (MYR-45.2M or -99.9%), Australia (MYR-20.9M or -13.9%), and India (MYR-8.33M or -91.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2023 - September 2024)MYR-31.7k(-75.9%)

IMPORT GROWTH (September 2023 - September 2024)MYR-177M(-66.3%)

MAIN DESTINATION (September 2024)SingaporeMYR7.24k

This section shows Wheat'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 Wheat over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.17M

IMPORTS (2022)$549M

NET TRADE (2022)-$548M

In 2022, Malaysia exported $1.17M in Wheat. The main destinations of Malaysia exports on Wheat were Singapore ($749k), Philippines ($188k), Vietnam ($151k), Thailand ($54k), and Brunei ($8.78k).

In 2022, Malaysia imported $549M in Wheat, mainly from Australia ($373M), Canada ($102M), United States ($30.5M), India ($29.6M), and Argentina ($12.2M).

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