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2022
Exports $8.37MWorld Rnk 50 / 182
Flag Rnk 660 / 1198
2022
Destination $1.71M United States
2021 - 2022
FASTEST GROWING MARKET $1.71MUnited States
2022
PRODUCT COMPLEXITY IN Vegetable Saps-0.98Rnk 834 / 1025
2022
Imports $169MWorld Rnk 18 / 210
Flag Rnk 258 / 1203
2022
Origin $79M China
2021 - 2022
FASTEST GROWING ORIGIN $79MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $8.37M in Vegetable Saps, making it the 50th largest exporter of Vegetable Saps in the world. At the same year, Vegetable Saps was the 660th most exported product in Malaysia. The main destination of Vegetable Saps exports from Malaysia are: United States ($1.84M), Vietnam ($1.49M), Thailand ($1.47M), Singapore ($1M), and Australia ($460k).

The fastest growing export markets for Vegetable Saps of Malaysia between 2021 and 2022 were United States ($1.71M), Singapore ($456k), and Australia ($406k).

Imports In 2022, Malaysia imported $169M in Vegetable Saps, becoming the 18th largest importer of Vegetable Saps in the world. At the same year, Vegetable Saps was the 258th most imported product in Malaysia. Malaysia imports Vegetable Saps primarily from: China ($117M), Spain ($7.49M), India ($7.43M), Chinese Taipei ($4.27M), and Indonesia ($3.97M).

The fastest growing import markets in Vegetable Saps for Malaysia between 2021 and 2022 were China ($79M), Spain ($3.1M), and India ($1.99M).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Vegetable Saps exports accounted up to MYR4.85M and imports accounted up to MYR28.6M, resulting in a negative trade balance of MYR23.8M. Between June 2023 and June 2024 the exports of Malaysia's   Vegetable Saps have increased by MYR3.32M (217%) from MYR1.53M to MYR4.85M, while imports increased by MYR475k (1.69%) from MYR28.1M to MYR28.6M.

Destinations In June 2024, Vegetable Saps were exported mostly to United Kingdom (MYR1.56M), Singapore (MYR1.46M), United States (MYR721k), Vietnam (MYR676k), and Thailand (MYR184k), and were imported mostly from China (MYR5.88M), India (MYR4.66M), Spain (MYR3.88M), United States (MYR3.12M), and France (MYR1.97M).

Growth In June 2024, the increase in Vegetable Saps's year-by-year exports was explained primarily by an increase in exports to Vietnam (MYR128k or 43.8%), Indonesia (MYR120k or 166%), and Thailand (MYR56.2k or 38.3%). In June 2024, the increase in Vegetable Saps's year-by-year imports was explained primarily by an increase in imports from Spain (MYR2.32M or 383%), Germany (MYR1.28M or 124%), and Denmark (MYR1.18M or 279%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR3.32M(217%)
IMPORT GROWTH (June 2023 - June 2024)MYR475k(1.69%)
MAIN DESTINATION (June 2024)United KingdomMYR1.56M

This section shows Vegetable Saps'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 Vegetable Saps over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$8.37M
IMPORTS (2022)$169M
NET TRADE (2022)-$161M

In 2022, Malaysia exported $8.37M in Vegetable Saps. The main destinations of Malaysia exports on Vegetable Saps were United States ($1.84M), Vietnam ($1.49M), Thailand ($1.47M), Singapore ($1M), and Australia ($460k).

In 2022, Malaysia imported $169M in Vegetable Saps, mainly from China ($117M), Spain ($7.49M), India ($7.43M), Chinese Taipei ($4.27M), and Indonesia ($3.97M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vegetable Saps EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
United States$1.71M (1.37k%)
Singapore$456k (83.9%)
Australia$406k (756%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vegetable Saps BY Malaysia WERE (2021 - 2022):
Uzbekistan-$481k (-99.5%)
Iran-$235k (-100%)
Indonesia-$189k (-55.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Vegetable Saps were:
China $2.22B
India $1.06B
Spain $915M
In 2022, Malaysia's main importing competitors in Vegetable Saps were:
United States $1.88B
Germany $727M
China $504M

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Trade Value of Vegetable Saps by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.45M
TOP IMPORT POTENTIALIndia+ $5.66M

Vegetable Saps’s highest export potential is United States. With an export gap of $1.45M.   Vegetable Saps’s highest import potential is India with an import gap of $5.66M.

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