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2022
Exports $3.56MWorld Rnk 48 / 117
Flag Rnk 797 / 1198
2022
Destination $513k Thailand
2021 - 2022
FASTEST GROWING MARKET $513kThailand
2022
PRODUCT COMPLEXITY IN Whey and other milk products0.4Rnk 408 / 1025
2022
Imports $137MWorld Rnk 11 / 198
Flag Rnk 301 / 1203
2022
Origin $5.93M Germany
2021 - 2022
FASTEST GROWING ORIGIN $5.93MUnited States
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $3.56M in Whey and other milk products, making it the 48th largest exporter of Whey and other milk products in the world. At the same year, Whey and other milk products was the 797th most exported product in Malaysia. The main destination of Whey and other milk products exports from Malaysia are: Thailand ($1.24M), Singapore ($644k), Japan ($592k), China ($265k), and Burkina Faso ($236k).

The fastest growing export markets for Whey and other milk products of Malaysia between 2021 and 2022 were Thailand ($513k), Singapore ($216k), and Burkina Faso ($123k).

Imports In 2022, Malaysia imported $137M in Whey and other milk products, becoming the 11th largest importer of Whey and other milk products in the world. At the same year, Whey and other milk products was the 301st most imported product in Malaysia. Malaysia imports Whey and other milk products primarily from: Germany ($26.5M), United States ($21.9M), France ($15M), Poland ($14.3M), and Ireland ($12.4M).

The fastest growing import markets in Whey and other milk products for Malaysia between 2021 and 2022 were United States ($5.93M), Poland ($4.93M), and Germany ($4M).

COMPANIES In 2023, leading companies such as CONTINENTAL AUTOMOTIVE SYSTEMS, INC (1) were at the forefront of shipping Whey and other milk products from Malaysia to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Whey and other milk products exports accounted up to MYR365k and imports accounted up to MYR48.2M, resulting in a negative trade balance of MYR47.9M. Between June 2023 and June 2024 the exports of Malaysia's   Whey and other milk products have increased by MYR109k (42.6%) from MYR256k to MYR365k, while imports increased by MYR2.02M (4.38%) from MYR46.2M to MYR48.2M.

Destinations In June 2024, Whey and other milk products were exported mostly to South Korea (MYR215k), United States (MYR92.2k), and Singapore (MYR58.1k), and were imported mostly from Germany (MYR14.4M), France (MYR8.7M), Poland (MYR5.46M), New Zealand (MYR5.42M), and Czechia (MYR3.44M).

Growth In June 2024, the increase in Whey and other milk products's year-by-year exports was explained primarily by an increase in exports to Singapore (MYR59.5k or 220%). In June 2024, the increase in Whey and other milk products's year-by-year imports was explained primarily by an increase in imports from New Zealand (MYR1.26M or 19.5%), Netherlands (MYR1.22M or 90.6%), and United States (MYR867k or 18.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR109k(42.6%)
IMPORT GROWTH (June 2023 - June 2024)MYR2.02M(4.38%)
MAIN DESTINATION (June 2024)South KoreaMYR215k

This section shows Whey and other milk products'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 Whey and other milk products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.56M
IMPORTS (2022)$137M
NET TRADE (2022)-$133M

In 2022, Malaysia exported $3.56M in Whey and other milk products. The main destinations of Malaysia exports on Whey and other milk products were Thailand ($1.24M), Singapore ($644k), Japan ($592k), China ($265k), and Burkina Faso ($236k).

In 2022, Malaysia imported $137M in Whey and other milk products, mainly from Germany ($26.5M), United States ($21.9M), France ($15M), Poland ($14.3M), and Ireland ($12.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Whey and other milk products EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Thailand$513k (70.7%)
Singapore$216k (50.3%)
Burkina Faso$123k (110%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Whey and other milk products BY Malaysia WERE (2021 - 2022):
Saudi Arabia-$643k (-100%)
Comoros-$532k (-100%)
Japan-$456k (-43.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Whey and other milk products were:
United States $1.06B
Germany $786M
Netherlands $654M
In 2022, Malaysia's main importing competitors in Whey and other milk products were:
China $1.01B
Netherlands $656M
Germany $366M

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Trade Value of Whey and other milk products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $501k
TOP IMPORT POTENTIALNetherlands+ $1.63M

Whey and other milk products’s highest export potential is China. With an export gap of $501k.   Whey and other milk products’s highest import potential is Netherlands with an import gap of $1.63M.

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