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2022
Exports $140MWorld Rnk 7 / 105
Flag Rnk 235 / 1198
2022
Destination $7.92M Singapore
2021 - 2022
FASTEST GROWING MARKET $7.92MIndonesia
2022
PRODUCT COMPLEXITY IN Cocoa Paste-0.8Rnk 779 / 1025
2022
Imports $69.5MWorld Rnk 16 / 169
Flag Rnk 443 / 1203
2022
Origin $3.17M Indonesia
2021 - 2022
FASTEST GROWING ORIGIN $3.17MSingapore
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $140M in Cocoa Paste, making it the 7th largest exporter of Cocoa Paste in the world. At the same year, Cocoa Paste was the 235th most exported product in Malaysia. The main destination of Cocoa Paste exports from Malaysia are: Singapore ($33.1M), Japan ($23.3M), China ($18.6M), Australia ($16.2M), and Indonesia ($14.5M).

The fastest growing export markets for Cocoa Paste of Malaysia between 2021 and 2022 were Indonesia ($7.92M), United States ($2.73M), and India ($1.29M).

Imports In 2022, Malaysia imported $69.5M in Cocoa Paste, becoming the 16th largest importer of Cocoa Paste in the world. At the same year, Cocoa Paste was the 443rd most imported product in Malaysia. Malaysia imports Cocoa Paste primarily from: Indonesia ($30.2M), Singapore ($13.5M), Ghana ($11.9M), Netherlands ($4.14M), and Cote d'Ivoire ($3.46M).

The fastest growing import markets in Cocoa Paste for Malaysia between 2021 and 2022 were Singapore ($3.17M), Netherlands ($2.78M), and Ecuador ($1.61M).

COMPANIES In 2023, leading companies such as Barry Callebaut (6) were at the forefront of shipping Cocoa Paste from Malaysia to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Cocoa Paste exports accounted up to MYR114M and imports accounted up to MYR108M, resulting in a positive trade balance of MYR5.64M. Between June 2023 and June 2024 the exports of Malaysia's   Cocoa Paste have increased by MYR57.5M (102%) from MYR56.6M to MYR114M, while imports increased by MYR21.6M (24.8%) from MYR86.9M to MYR108M.

Destinations In June 2024, Cocoa Paste were exported mostly to Singapore (MYR36.7M), Japan (MYR24.9M), Australia (MYR21.4M), Brazil (MYR10.1M), and United States (MYR7.99M), and were imported mostly from Indonesia (MYR40M), Netherlands (MYR35M), Singapore (MYR15.9M), Germany (MYR7.04M), and Estonia (MYR4.15M).

Growth In June 2024, the increase in Cocoa Paste's year-by-year exports was explained primarily by an increase in exports to China (MYR4.79M or 234%), Singapore (MYR2.18M or 18.8%), and Thailand (MYR1.04M or 70.5%). In June 2024, the increase in Cocoa Paste's year-by-year imports was explained primarily by an increase in imports from Indonesia (MYR11.7M or 237%), Singapore (MYR1.83M or 53.4%), and Netherlands (MYR1.1M or 331%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR57.5M(102%)
IMPORT GROWTH (June 2023 - June 2024)MYR21.6M(24.8%)
MAIN DESTINATION (June 2024)SingaporeMYR36.7M

This section shows Cocoa Paste'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 Cocoa Paste over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$140M
IMPORTS (2022)$69.5M
NET TRADE (2022)$70.5M

In 2022, Malaysia exported $140M in Cocoa Paste. The main destinations of Malaysia exports on Cocoa Paste were Singapore ($33.1M), Japan ($23.3M), China ($18.6M), Australia ($16.2M), and Indonesia ($14.5M).

In 2022, Malaysia imported $69.5M in Cocoa Paste, mainly from Indonesia ($30.2M), Singapore ($13.5M), Ghana ($11.9M), Netherlands ($4.14M), and Cote d'Ivoire ($3.46M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa Paste EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Indonesia$7.92M (121%)
United States$2.73M (111%)
India$1.29M (54%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Paste BY Malaysia WERE (2021 - 2022):
Turkey-$4.39M (-70.7%)
Singapore-$1.99M (-5.68%)
United Arab Emirates-$933k (-35.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Cocoa Paste were:
Cote d'Ivoire $1.08B
Netherlands $685M
Ghana $450M
In 2022, Malaysia's main importing competitors in Cocoa Paste were:
United States $489M
Netherlands $443M
Germany $329M

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Trade Value of Cocoa Paste by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.51M
TOP IMPORT POTENTIALCote d'Ivoire+ $3.59M

Cocoa Paste’s highest export potential is United States. With an export gap of $3.51M.   Cocoa Paste’s highest import potential is Cote d'Ivoire with an import gap of $3.59M.

See methodology.

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