Concentrated Milk in Malaysia | The Observatory of Economic Complexity

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Exports In 2022, Malaysia exported $199M in Concentrated Milk, making it the 20th largest exporter of Concentrated Milk in the world. At the same year, Concentrated Milk was the 186th most exported product in Malaysia. The main destination of Concentrated Milk exports from Malaysia are: Indonesia ($19.2M), Somalia ($15.1M), Thailand ($14.2M), Angola ($11.3M), and Bangladesh ($11.1M).

The fastest growing export markets for Concentrated Milk of Malaysia between 2021 and 2022 were Burma ($5.85M), Angola ($5.54M), and Democratic Republic of the Congo ($4.37M).

Imports In 2022, Malaysia imported $695M in Concentrated Milk, becoming the 9th largest importer of Concentrated Milk in the world. At the same year, Concentrated Milk was the 75th most imported product in Malaysia. Malaysia imports Concentrated Milk primarily from: New Zealand ($305M), United States ($168M), Australia ($44.7M), Belgium ($30.4M), and Ireland ($30M).

The fastest growing import markets in Concentrated Milk for Malaysia between 2021 and 2022 were United States ($64.2M), New Zealand ($62M), and Belgium ($18.8M).

COMPANIES In 2019, leading companies such as were at the forefront of shipping Concentrated Milk from Malaysia to the United States.

Latest Trends

September 2020

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Overview In September 2020 Malaysia's Concentrated Milk exports accounted up to MYR79.4M and imports accounted up to MYR142M, resulting in a negative trade balance of MYR62.5M. Between September 2019 and September 2020 the exports of Malaysia's Concentrated Milk have decreased by MYR-6.99M (-8.09%) from MYR86.4M to MYR79.4M, while imports increased by MYR16M (12.7%) from MYR126M to MYR142M.

Destinations In September 2020, Concentrated Milk were exported mostly to Indonesia (MYR9.28M), Angola (MYR7.56M), Sudan (MYR5.3M), Singapore (MYR4.34M), and Mexico (MYR3.12M), and were imported mostly from United States (MYR41.3M), New Zealand (MYR36.4M), Ireland (MYR20.6M), France (MYR13.5M), and Lithuania (MYR8.64M).

Growth In September 2020, the decrease in Concentrated Milk's year-by-year exports was explained primarily by a decrease in exports to United Arab Emirates (MYR-7.2M or -75.8%), Sudan (MYR-6.86M or -59.8%), and Qatar (MYR-3.51M or -80.9%). In September 2020, the increase in Concentrated Milk's year-by-year imports was explained primarily by an increase in imports from India (MYR28.3M or 8.51M%), Australia (MYR6.31M or 188%), and Ireland (MYR6.3M or 206%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2019 - September 2020)MYR-6.99M(-8.09%)

IMPORT GROWTH (September 2019 - September 2020)MYR16M(12.7%)

MAIN DESTINATION (September 2020)IndonesiaMYR9.28M

This section shows Concentrated Milk'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 Concentrated Milk over time.

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