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2022
Exports $276kWorld Rnk 42 / 121
Flag Rnk 1051 / 1198
2022
Destination $252k Kuwait
2021 - 2022
FASTEST GROWING MARKET $252kKuwait
2022
PRODUCT COMPLEXITY IN Vanilla-1.9Rnk 988 / 1025
2022
Imports $242kWorld Rnk 54 / 198
Flag Rnk 1144 / 1203
2022
Origin $101k Australia
2021 - 2022
FASTEST GROWING ORIGIN $101kAustralia
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $276k in Vanilla, making it the 42nd largest exporter of Vanilla in the world. At the same year, Vanilla was the 1051st most exported product in Malaysia. The main destination of Vanilla exports from Malaysia are: Kuwait ($252k), New Zealand ($8.18k), Singapore ($6.41k), Chinese Taipei ($4.08k), and Czechia ($2.07k).

The fastest growing export markets for Vanilla of Malaysia between 2021 and 2022 were Kuwait ($252k), New Zealand ($8.18k), and Chinese Taipei ($4.08k).

Imports In 2022, Malaysia imported $242k in Vanilla, becoming the 54th largest importer of Vanilla in the world. At the same year, Vanilla was the 1144th most imported product in Malaysia. Malaysia imports Vanilla primarily from: Australia ($139k), France ($69.5k), Germany ($16.7k), Indonesia ($9.48k), and United States ($4.44k).

The fastest growing import markets in Vanilla for Malaysia between 2021 and 2022 were Australia ($101k), Germany ($16.7k), and France ($15.1k).

Latest Trends

May 2024

About

Overview In May 2024 Malaysia's Vanilla exports accounted up to MYR924 and imports accounted up to MYR29k, resulting in a negative trade balance of MYR28k. Between January 2019 and May 2024 the exports of Malaysia's   Vanilla have decreased by MYR-5.66k (-86%) from MYR6.58k to MYR924, while imports decreased by MYR-16k (-35.5%) from MYR44.9k to MYR29k.

Destinations In May 2024, Vanilla were exported mostly to , and were imported mostly from France (MYR19.9k), Indonesia (MYR3.67k), Madagascar (MYR2.85k), and Singapore (MYR2.54k).

Growth In May 2024, the decrease in Vanilla's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the decrease in Vanilla's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2019 - May 2024)MYR-5.66k(-86%)
IMPORT GROWTH (June 2023 - June 2024)MYR-16k(-35.5%)
MAIN DESTINATION (May 2024)

This section shows Vanilla'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 Vanilla over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$276k
IMPORTS (2022)$242k
NET TRADE (2022)$34.2k

In 2022, Malaysia exported $276k in Vanilla. The main destinations of Malaysia exports on Vanilla were Kuwait ($252k), New Zealand ($8.18k), Singapore ($6.41k), Chinese Taipei ($4.08k), and Czechia ($2.07k).

In 2022, Malaysia imported $242k in Vanilla, mainly from Australia ($139k), France ($69.5k), Germany ($16.7k), Indonesia ($9.48k), and United States ($4.44k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vanilla EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Kuwait$252k (1%)
New Zealand$8.18k (1%)
Chinese Taipei$4.08k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vanilla BY Malaysia WERE (2021 - 2022):
Burma-$3.42k (-100%)
Singapore-$1.83k (-22.2%)
Indonesia-$1.79k (-98.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Vanilla were:
Madagascar $583M
France $60.3M
Uganda $44.5M
In 2022, Malaysia's main importing competitors in Vanilla were:
United States $348M
France $203M
Germany $73.7M

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Trade Value of Vanilla by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSingapore+ $5.97k
TOP IMPORT POTENTIALIndonesia+ $24.2k

Vanilla’s highest export potential is Singapore. With an export gap of $5.97k.   Vanilla’s highest import potential is Indonesia with an import gap of $24.2k.

See methodology.

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