Wine in Malaysia | The Observatory of Economic Complexity

About

Exports In 2023, Malaysia exported $22.6M in Wine, making it the 37th largest exporter of Wine in the world. At the same year, Wine was the 485th most exported product in Malaysia. The main destination of Wine exports from Malaysia are: Macau ($6.55M), Thailand ($6.13M), Hong Kong ($4.94M), Singapore ($2.53M), and Vietnam ($632k).

The fastest growing export markets for Wine of Malaysia between 2022 and 2023 were Macau ($5.87M), Thailand ($5.48M), and Hong Kong ($4.26M).

Imports In 2023, Malaysia imported $91M in Wine, becoming the 40th largest importer of Wine in the world. At the same year, Wine was the 349th most imported product in Malaysia. Malaysia imports Wine primarily from: Australia ($34.4M), France ($26.2M), Chile ($7.42M), Italy ($6.31M), and Singapore ($2.88M).

The fastest growing import markets in Wine for Malaysia between 2022 and 2023 were Germany ($754k), Seychelles ($362k), and Hong Kong ($254k).

Latest Trends

November 2024

About

Overview In November 2024 Malaysia's Wine exports accounted up to MYR18.2M and imports accounted up to MYR40.5M, resulting in a negative trade balance of MYR22.3M. Between November 2023 and November 2024 the exports of Malaysia's Wine have increased by MYR5.46M (43%) from MYR12.7M to MYR18.2M, while imports increased by MYR9.9M (32.4%) from MYR30.6M to MYR40.5M.

Destinations In November 2024, Wine were exported mostly to Macau (MYR7.06M), Hong Kong (MYR4.72M), Singapore (MYR3.9M), Thailand (MYR1.64M), and China (MYR414k), and were imported mostly from Australia (MYR20.7M), France (MYR11.5M), Chile (MYR1.35M), Italy (MYR1.33M), and New Zealand (MYR1.22M).

Growth In November 2024, the increase in Wine's year-by-year exports was explained primarily by an increase in exports to Macau (MYR1.42M or 5.7k%), Thailand (MYR1.34M or 58.6%), and Indonesia (MYR172k or 5.91k%). In November 2024, the increase in Wine's year-by-year imports was explained primarily by an increase in imports from United States (MYR1.87M or 452%), Argentina (MYR1.76M or 28.2k%), and Singapore (MYR1.43M or 491%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (November 2023 - November 2024)MYR5.46M(43%)

IMPORT GROWTH (November 2023 - November 2024)MYR9.9M(32.4%)

MAIN DESTINATION (November 2024)MacauMYR7.06M

This section shows Wine'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 Wine over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2023)$22.6M

IMPORTS (2023)$91M

NET TRADE (2023)-$68.4M

In 2023, Malaysia exported $22.6M in Wine. The main destinations of Malaysia exports on Wine were Macau ($6.55M), Thailand ($6.13M), Hong Kong ($4.94M), Singapore ($2.53M), and Vietnam ($632k).

In 2023, Malaysia imported $91M in Wine, mainly from Australia ($34.4M), France ($26.2M), Chile ($7.42M), Italy ($6.31M), and Singapore ($2.88M).

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