Wheat in Malaysia | The Observatory of Economic Complexity

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Exports In 2023, Malaysia exported $1.87M in Wheat, making it the 61st largest exporter of Wheat in the world. At the same year, Wheat was the 883rd most exported product in Malaysia. The main destination of Wheat exports from Malaysia are: Singapore ($1.47M), Philippines ($197k), Vietnam ($169k), Thailand ($19.6k), and Uganda ($8.96k).

The fastest growing export markets for Wheat of Malaysia between 2022 and 2023 were Vietnam ($25.9k), Uganda ($8.17k), and New Zealand ($2.48k).

Imports In 2023, Malaysia imported $571M in Wheat, becoming the 33rd largest importer of Wheat in the world. At the same year, Wheat was the 78th most imported product in Malaysia. Malaysia imports Wheat primarily from: Australia ($362M), Canada ($116M), United States ($40.6M), Romania ($21.2M), and Ukraine ($15.4M).

The fastest growing import markets in Wheat for Malaysia between 2022 and 2023 were Canada ($22.5M), Romania ($21M), and Ukraine ($14.6M).

Latest Trends

November 2024

About

Overview In November 2024 Malaysia's Wheat exports accounted up to MYR116k and imports accounted up to MYR170M, resulting in a negative trade balance of MYR169M. Between November 2023 and November 2024 the exports of Malaysia's Wheat have decreased by MYR-203k (-63.8%) from MYR319k to MYR116k, while imports decreased by MYR-49.8M (-22.7%) from MYR219M to MYR170M.

Destinations In November 2024, Wheat were exported mostly to Vietnam (MYR85.4k), New Zealand (MYR28.5k), Uganda (MYR1.47k), Singapore (MYR156), and Brunei (MYR58), and were imported mostly from Australia (MYR72.1M), Ukraine (MYR64M), Canada (MYR31.2M), United States (MYR1.37M), and Moldova (MYR558k).

Growth In November 2024, the decrease in Wheat's year-by-year exports was explained primarily by a decrease in exports to . In November 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 (November 2023 - November 2024)MYR-203k(-63.8%)

IMPORT GROWTH (November 2023 - November 2024)MYR-49.8M(-22.7%)

MAIN DESTINATION (November 2024)VietnamMYR85.4k

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 (2023)$1.87M

IMPORTS (2023)$571M

NET TRADE (2023)-$569M

In 2023, Malaysia exported $1.87M in Wheat. The main destinations of Malaysia exports on Wheat were Singapore ($1.47M), Philippines ($197k), Vietnam ($169k), Thailand ($19.6k), and Uganda ($8.96k).

In 2023, Malaysia imported $571M in Wheat, mainly from Australia ($362M), Canada ($116M), United States ($40.6M), Romania ($21.2M), and Ukraine ($15.4M).

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