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2022
Exports $748kWorld Rnk 48 / 141
Flag Rnk 970 / 1198
2022
Destination $498k Brunei
2021 - 2022
FASTEST GROWING MARKET $498kBrunei
2022
PRODUCT COMPLEXITY IN Preserved Vegetables-0.92Rnk 816 / 1025
2022
Imports $2.13MWorld Rnk 41 / 213
Flag Rnk 1024 / 1203
2022
Origin $249k China
2021 - 2022
FASTEST GROWING ORIGIN $249kChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $748k in Preserved Vegetables, making it the 48th largest exporter of Preserved Vegetables in the world. At the same year, Preserved Vegetables was the 970th most exported product in Malaysia. The main destination of Preserved Vegetables exports from Malaysia are: Brunei ($598k), Indonesia ($59.3k), Singapore ($36.7k), Hong Kong ($33.6k), and Maldives ($11.4k).

The fastest growing export markets for Preserved Vegetables of Malaysia between 2021 and 2022 were Brunei ($498k), Hong Kong ($33.6k), and Indonesia ($25.9k).

Imports In 2022, Malaysia imported $2.13M in Preserved Vegetables, becoming the 41st largest importer of Preserved Vegetables in the world. At the same year, Preserved Vegetables was the 1024th most imported product in Malaysia. Malaysia imports Preserved Vegetables primarily from: China ($1.73M), Thailand ($153k), United Arab Emirates ($97k), United Kingdom ($31.1k), and Australia ($27.4k).

The fastest growing import markets in Preserved Vegetables for Malaysia between 2021 and 2022 were China ($249k), United Arab Emirates ($87.2k), and Thailand ($23k).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Preserved Vegetables exports accounted up to MYR54.9k and imports accounted up to MYR1.42M, resulting in a negative trade balance of MYR1.37M. Between June 2023 and June 2024 the exports of Malaysia's   Preserved Vegetables have increased by MYR24.8k (82.2%) from MYR30.1k to MYR54.9k, while imports decreased by MYR-25.9k (-1.79%) from MYR1.45M to MYR1.42M.

Destinations In June 2024, Preserved Vegetables were exported mostly to Indonesia (MYR40.9k), Singapore (MYR13.2k), and Thailand (MYR787), and were imported mostly from China (MYR1.38M), Thailand (MYR46.9k), and Australia (MYR417).

Growth In June 2024, the increase in Preserved Vegetables's year-by-year exports was explained primarily by an increase in exports to Indonesia (MYR5.17k or 27.6%). In June 2024, the decrease in Preserved Vegetables's year-by-year imports was explained primarily by a decrease in imports from China (MYR-1.16M or -59.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR24.8k(82.2%)
IMPORT GROWTH (June 2023 - June 2024)MYR-25.9k(-1.79%)
MAIN DESTINATION (June 2024)IndonesiaMYR40.9k

This section shows Preserved Vegetables'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 Preserved Vegetables over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$748k
IMPORTS (2022)$2.13M
NET TRADE (2022)-$1.39M

In 2022, Malaysia exported $748k in Preserved Vegetables. The main destinations of Malaysia exports on Preserved Vegetables were Brunei ($598k), Indonesia ($59.3k), Singapore ($36.7k), Hong Kong ($33.6k), and Maldives ($11.4k).

In 2022, Malaysia imported $2.13M in Preserved Vegetables, mainly from China ($1.73M), Thailand ($153k), United Arab Emirates ($97k), United Kingdom ($31.1k), and Australia ($27.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Preserved Vegetables EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Brunei$498k (499%)
Hong Kong$33.6k (1%)
Indonesia$25.9k (77.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Preserved Vegetables BY Malaysia WERE (2021 - 2022):
Maldives-$58.8k (-83.7%)
Ireland-$198 (-100%)
South Korea-$179 (-69.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Preserved Vegetables were:
China $173M
Spain $92.5M
India $85.8M
In 2022, Malaysia's main importing competitors in Preserved Vegetables were:
Italy $119M
Japan $72.8M
United States $65.5M

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Trade Value of Preserved Vegetables by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSingapore+ $7.95k
TOP IMPORT POTENTIALThailand+ $55.4k

Preserved Vegetables’s highest export potential is Singapore. With an export gap of $7.95k.   Preserved Vegetables’s highest import potential is Thailand with an import gap of $55.4k.

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