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2022
Exports $106MWorld Rnk 31 / 195
Flag Rnk 270 / 1198
2022
Destination $4.61M China
2021 - 2022
FASTEST GROWING MARKET $4.61MBangladesh
2022
PRODUCT COMPLEXITY IN Confectionery Sugar-0.72Rnk 763 / 1025
2022
Imports $124MWorld Rnk 29 / 224
Flag Rnk 321 / 1203
2022
Origin $34.9M China
2021 - 2022
FASTEST GROWING ORIGIN $34.9MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $106M in Confectionery Sugar, making it the 31st largest exporter of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 270th most exported product in Malaysia. The main destination of Confectionery Sugar exports from Malaysia are: China ($27.4M), Singapore ($9.42M), Indonesia ($9.11M), Chinese Taipei ($6.04M), and Vietnam ($5.19M).

The fastest growing export markets for Confectionery Sugar of Malaysia between 2021 and 2022 were Bangladesh ($4.61M), China ($3.86M), and Indonesia ($3.76M).

Imports In 2022, Malaysia imported $124M in Confectionery Sugar, becoming the 29th largest importer of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 321st most imported product in Malaysia. Malaysia imports Confectionery Sugar primarily from: China ($66.9M), Indonesia ($18.8M), Vietnam ($9.07M), Thailand ($8.05M), and Philippines ($5.57M).

The fastest growing import markets in Confectionery Sugar for Malaysia between 2021 and 2022 were China ($34.9M), Indonesia ($9.05M), and Vietnam ($2.97M).

COMPANIES In 2023, leading companies such as Halyard Health (16) and Panasonic (8) were at the forefront of shipping Confectionery Sugar from Malaysia to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Confectionery Sugar exports accounted up to MYR33.4M and imports accounted up to MYR30.8M, resulting in a positive trade balance of MYR2.64M. Between June 2023 and June 2024 the exports of Malaysia's   Confectionery Sugar have decreased by MYR-7.25M (-17.8%) from MYR40.7M to MYR33.4M, while imports decreased by MYR-5.98M (-16.3%) from MYR36.8M to MYR30.8M.

Destinations In June 2024, Confectionery Sugar were exported mostly to China (MYR6.5M), Singapore (MYR3.1M), Indonesia (MYR2.67M), United States (MYR2.6M), and Hong Kong (MYR2.11M), and were imported mostly from China (MYR8.09M), Vietnam (MYR5.71M), Indonesia (MYR5.45M), Philippines (MYR3.72M), and Singapore (MYR2.15M).

Growth In June 2024, the decrease in Confectionery Sugar's year-by-year exports was explained primarily by a decrease in exports to China (MYR-9.61M or -57.6%), Bangladesh (MYR-4.7M or -97.1%), and Indonesia (MYR-3.91M or -71.4%). In June 2024, the decrease in Confectionery Sugar's year-by-year imports was explained primarily by a decrease in imports from Turkey (MYR-547k or -48.2%), United States (MYR-217k or -60.8%), and Philippines (MYR-179k or -9.91%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR-7.25M(-17.8%)
IMPORT GROWTH (June 2023 - June 2024)MYR-5.98M(-16.3%)
MAIN DESTINATION (June 2024)ChinaMYR6.5M

This section shows Confectionery Sugar'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 Confectionery Sugar over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$106M
IMPORTS (2022)$124M
NET TRADE (2022)-$17.2M

In 2022, Malaysia exported $106M in Confectionery Sugar. The main destinations of Malaysia exports on Confectionery Sugar were China ($27.4M), Singapore ($9.42M), Indonesia ($9.11M), Chinese Taipei ($6.04M), and Vietnam ($5.19M).

In 2022, Malaysia imported $124M in Confectionery Sugar, mainly from China ($66.9M), Indonesia ($18.8M), Vietnam ($9.07M), Thailand ($8.05M), and Philippines ($5.57M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Confectionery Sugar EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Bangladesh$4.61M (2.6k%)
China$3.86M (16.4%)
Indonesia$3.76M (70.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Confectionery Sugar BY Malaysia WERE (2021 - 2022):
United Kingdom-$1.17M (-65.5%)
Burma-$1.1M (-61.9%)
Singapore-$451k (-4.57%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Confectionery Sugar were:
Germany $1.76B
China $1.38B
Mexico $1.12B
In 2022, Malaysia's main importing competitors in Confectionery Sugar were:
United States $3.01B
Germany $834M
United Kingdom $736M

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Trade Value of Confectionery Sugar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $3.59M
TOP IMPORT POTENTIALThailand+ $4.03M

Confectionery Sugar’s highest export potential is Indonesia. With an export gap of $3.59M.   Confectionery Sugar’s highest import potential is Thailand with an import gap of $4.03M.

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