2022
Exports
$89.6kWorld Rnk 71 / 112
Flag Rnk 1106 / 1198
2022
PRODUCT COMPLEXITY IN Forage Crops
-0.89Rnk 805 / 1025
2022
Imports
$3.82MWorld Rnk 37 / 171
Flag Rnk 979 / 1203
2022
ECONOMIC COMPLEXITY of Malaysia
1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $89.6k in Forage Crops, making it the 71st largest exporter of Forage Crops in the world. At the same year, Forage Crops was the 1106th most exported product in Malaysia. The main destination of Forage Crops exports from Malaysia are: Hong Kong ($46.9k), Brunei ($38.4k), Singapore ($4k), Timor-Leste ($199), and South Korea ($15).

The fastest growing export markets for Forage Crops of Malaysia between 2021 and 2022 were Hong Kong ($3.6k), Timor-Leste ($199), and South Korea ($15).

Imports In 2022, Malaysia imported $3.82M in Forage Crops, becoming the 37th largest importer of Forage Crops in the world. At the same year, Forage Crops was the 979th most imported product in Malaysia. Malaysia imports Forage Crops primarily from: United States ($2.17M), Australia ($662k), Canada ($255k), Italy ($171k), and South Africa ($141k).

The fastest growing import markets in Forage Crops for Malaysia between 2021 and 2022 were Canada ($149k), South Africa ($141k), and Australia ($106k).

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR2.41k(4.28%)
IMPORT GROWTH (June 2023 - June 2024)MYR-15.4k(-1.18%)
MAIN DESTINATION (June 2024)SingaporeMYR36.1k

This section shows Forage Crops'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 Forage Crops over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$89.6k
IMPORTS (2022)$3.82M
NET TRADE (2022)-$3.73M

In 2022, Malaysia exported $89.6k in Forage Crops. The main destinations of Malaysia exports on Forage Crops were Hong Kong ($46.9k), Brunei ($38.4k), Singapore ($4k), Timor-Leste ($199), and South Korea ($15).

In 2022, Malaysia imported $3.82M in Forage Crops, mainly from United States ($2.17M), Australia ($662k), Canada ($255k), Italy ($171k), and South Africa ($141k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Forage Crops EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Hong Kong$3.6k (8.3%)
Timor-Leste$199 (1%)
South Korea$15 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Forage Crops BY Malaysia WERE (2021 - 2022):
Kuwait-$71.7k (-100%)
Brunei-$9.48k (-19.8%)
Singapore-$1.85k (-31.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Forage Crops were:
In 2022, Malaysia's main importing competitors in Forage Crops were:

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Trade Value of Forage Crops by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSingapore+ $4.13k
TOP IMPORT POTENTIALUnited States+ $469k

Forage Crops’s highest export potential is Singapore. With an export gap of $4.13k.   Forage Crops’s highest import potential is United States with an import gap of $469k.

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