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2022
Exports $1.22MWorld Rnk 45 / 132
Flag Rnk 929 / 1198
2022
Destination $225k Australia
2021 - 2022
FASTEST GROWING MARKET $225kBrunei
2022
PRODUCT COMPLEXITY IN Oil Seed Flower-0.94Rnk 826 / 1025
2022
Imports $1.9MWorld Rnk 57 / 195
Flag Rnk 1035 / 1203
2022
Origin $399k Japan
2021 - 2022
FASTEST GROWING ORIGIN $399kJapan
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $1.22M in Oil Seed Flower, making it the 45th largest exporter of Oil Seed Flower in the world. At the same year, Oil Seed Flower was the 929th most exported product in Malaysia. The main destination of Oil Seed Flower exports from Malaysia are: Australia ($779k), Brunei ($227k), Canada ($63.5k), Hong Kong ($44.9k), and Guatemala ($40.9k).

The fastest growing export markets for Oil Seed Flower of Malaysia between 2021 and 2022 were Brunei ($225k), Burma ($4.17k), and Rwanda ($3.54k).

Imports In 2022, Malaysia imported $1.9M in Oil Seed Flower, becoming the 57th largest importer of Oil Seed Flower in the world. At the same year, Oil Seed Flower was the 1035th most imported product in Malaysia. Malaysia imports Oil Seed Flower primarily from: Japan ($699k), United States ($268k), China ($241k), Singapore ($156k), and Chinese Taipei ($152k).

The fastest growing import markets in Oil Seed Flower for Malaysia between 2021 and 2022 were Japan ($399k), Singapore ($93.4k), and Chinese Taipei ($36.3k).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Oil Seed Flower exports accounted up to MYR103k and imports accounted up to MYR722k, resulting in a negative trade balance of MYR619k. Between June 2023 and June 2024 the exports of Malaysia's   Oil Seed Flower have increased by MYR40.4k (64.7%) from MYR62.5k to MYR103k, while imports decreased by MYR-296k (-29%) from MYR1.02M to MYR722k.

Destinations In June 2024, Oil Seed Flower were exported mostly to Guatemala (MYR47.3k), Rwanda (MYR40.2k), Singapore (MYR11.1k), Thailand (MYR2.93k), and Madagascar (MYR1.43k), and were imported mostly from Japan (MYR327k), China (MYR294k), Denmark (MYR42.4k), India (MYR29k), and United Kingdom (MYR15.9k).

Growth In June 2024, the increase in Oil Seed Flower's year-by-year exports was explained primarily by an increase in exports to . In June 2024, the decrease in Oil Seed Flower's year-by-year imports was explained primarily by a decrease in imports from Chinese Taipei (MYR-37.4k or -47.2%) and India (MYR-5.52k or -7.28%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR40.4k(64.7%)
IMPORT GROWTH (June 2023 - June 2024)MYR-296k(-29%)
MAIN DESTINATION (June 2024)GuatemalaMYR47.3k

This section shows Oil Seed Flower'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 Oil Seed Flower over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.22M
IMPORTS (2022)$1.9M
NET TRADE (2022)-$673k

In 2022, Malaysia exported $1.22M in Oil Seed Flower. The main destinations of Malaysia exports on Oil Seed Flower were Australia ($779k), Brunei ($227k), Canada ($63.5k), Hong Kong ($44.9k), and Guatemala ($40.9k).

In 2022, Malaysia imported $1.9M in Oil Seed Flower, mainly from Japan ($699k), United States ($268k), China ($241k), Singapore ($156k), and Chinese Taipei ($152k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Oil Seed Flower EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Brunei$225k (12.7k%)
Burma$4.17k (43.5%)
Rwanda$3.54k (99.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Oil Seed Flower BY Malaysia WERE (2021 - 2022):
Papua New Guinea-$2.73M (-100%)
Singapore-$579k (-95.3%)
Australia-$66.9k (-7.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Oil Seed Flower were:
United States $412M
Italy $139M
China $66.2M
In 2022, Malaysia's main importing competitors in Oil Seed Flower were:
Vietnam $132M
Japan $79.5M
South Korea $73.8M

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Trade Value of Oil Seed Flower by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $34.9k
TOP IMPORT POTENTIALUnited States+ $209k

Oil Seed Flower’s highest export potential is Canada. With an export gap of $34.9k.   Oil Seed Flower’s highest import potential is United States with an import gap of $209k.

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