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2022
Exports $20.2MWorld Rnk 40 / 143
Flag Rnk 525 / 1198
2022
Destination $981k Singapore
2021 - 2022
FASTEST GROWING MARKET $981kBrunei
2022
PRODUCT COMPLEXITY IN Ice Cream-0.27Rnk 636 / 1025
2022
Imports $73.7MWorld Rnk 20 / 219
Flag Rnk 432 / 1203
2022
Origin $1.78M Thailand
2021 - 2022
FASTEST GROWING ORIGIN $1.78MGermany
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $20.2M in Ice Cream, making it the 40th largest exporter of Ice Cream in the world. At the same year, Ice Cream was the 525th most exported product in Malaysia. The main destination of Ice Cream exports from Malaysia are: Singapore ($11.4M), Brunei ($4.14M), Maldives ($827k), China ($762k), and Indonesia ($629k).

The fastest growing export markets for Ice Cream of Malaysia between 2021 and 2022 were Brunei ($981k), Maldives ($555k), and Vietnam ($263k).

Imports In 2022, Malaysia imported $73.7M in Ice Cream, becoming the 20th largest importer of Ice Cream in the world. At the same year, Ice Cream was the 432nd most imported product in Malaysia. Malaysia imports Ice Cream primarily from: Thailand ($39.5M), Indonesia ($11.7M), United States ($10.7M), Japan ($2.61M), and Chinese Taipei ($2.2M).

The fastest growing import markets in Ice Cream for Malaysia between 2021 and 2022 were Germany ($1.78M), United States ($1.75M), and Indonesia ($817k).

COMPANIES In 2023, leading companies such as Panasonic (1) were at the forefront of shipping Ice Cream from Malaysia to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Ice Cream exports accounted up to MYR7.7M and imports accounted up to MYR19.9M, resulting in a negative trade balance of MYR12.2M. Between June 2023 and June 2024 the exports of Malaysia's   Ice Cream have increased by MYR71.1k (0.93%) from MYR7.63M to MYR7.7M, while imports decreased by MYR-7.78M (-28.1%) from MYR27.7M to MYR19.9M.

Destinations In June 2024, Ice Cream were exported mostly to Singapore (MYR4.06M), Brunei (MYR1.22M), China (MYR992k), Chinese Taipei (MYR583k), and Indonesia (MYR286k), and were imported mostly from Thailand (MYR16.2M), United States (MYR2.3M), Netherlands (MYR913k), South Korea (MYR233k), and Australia (MYR213k).

Growth In June 2024, the increase in Ice Cream's year-by-year exports was explained primarily by an increase in exports to Singapore (MYR269k or 7.88%) and Brunei (MYR82.8k or 7.37%). In June 2024, the decrease in Ice Cream's year-by-year imports was explained primarily by a decrease in imports from Thailand (MYR-8.39M or -47.1%), Indonesia (MYR-3.27M or -82.4%), and Netherlands (MYR-128k or -87.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR71.1k(0.93%)
IMPORT GROWTH (June 2023 - June 2024)MYR-7.78M(-28.1%)
MAIN DESTINATION (June 2024)SingaporeMYR4.06M

This section shows Ice Cream'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 Ice Cream over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$20.2M
IMPORTS (2022)$73.7M
NET TRADE (2022)-$53.5M

In 2022, Malaysia exported $20.2M in Ice Cream. The main destinations of Malaysia exports on Ice Cream were Singapore ($11.4M), Brunei ($4.14M), Maldives ($827k), China ($762k), and Indonesia ($629k).

In 2022, Malaysia imported $73.7M in Ice Cream, mainly from Thailand ($39.5M), Indonesia ($11.7M), United States ($10.7M), Japan ($2.61M), and Chinese Taipei ($2.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ice Cream EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Brunei$981k (31.1%)
Maldives$555k (204%)
Vietnam$263k (117%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ice Cream BY Malaysia WERE (2021 - 2022):
Singapore-$686k (-5.69%)
Indonesia-$462k (-42.4%)
China-$345k (-31.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Ice Cream were:
Germany $653M
France $575M
Belgium $411M
In 2022, Malaysia's main importing competitors in Ice Cream were:
Germany $511M
United Kingdom $426M
France $380M

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Trade Value of Ice Cream by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $650k
TOP IMPORT POTENTIALIndonesia+ $1.35M

Ice Cream’s highest export potential is China. With an export gap of $650k.   Ice Cream’s highest import potential is Indonesia with an import gap of $1.35M.

See methodology.

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