Baked Goods in Malaysia | The Observatory of Economic Complexity

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Exports In 2022, Malaysia exported $883M in Baked Goods, making it the 14th largest exporter of Baked Goods in the world. At the same year, Baked Goods was the 61st most exported product in Malaysia. The main destination of Baked Goods exports from Malaysia are: Singapore ($152M), Thailand ($75.5M), Indonesia ($72.3M), Australia ($63.3M), and South Korea ($62M).

The fastest growing export markets for Baked Goods of Malaysia between 2021 and 2022 were Indonesia ($20.1M), Philippines ($13.5M), and Australia ($11.1M).

Imports In 2022, Malaysia imported $244M in Baked Goods, becoming the 40th largest importer of Baked Goods in the world. At the same year, Baked Goods was the 201st most imported product in Malaysia. Malaysia imports Baked Goods primarily from: Indonesia ($75.4M), China ($37.5M), Thailand ($27.5M), Singapore ($16.2M), and Italy ($9.79M).

The fastest growing import markets in Baked Goods for Malaysia between 2021 and 2022 were Indonesia ($19.6M), China ($10.2M), and Singapore ($4.22M).

Latest Trends

September 2020

About

Overview In September 2020 Malaysia's Baked Goods exports accounted up to MYR159M and imports accounted up to MYR72.6M, resulting in a positive trade balance of MYR86.6M. Between September 2019 and September 2020 the exports of Malaysia's Baked Goods have decreased by MYR-65.7M (-29.2%) from MYR225M to MYR159M, while imports increased by MYR24.4M (50.7%) from MYR48.2M to MYR72.6M.

Destinations In September 2020, Baked Goods were exported mostly to Singapore (MYR40.4M), Thailand (MYR14.8M), China (MYR12.4M), Japan (MYR9.28M), and United States (MYR8.54M), and were imported mostly from Indonesia (MYR22.6M), Thailand (MYR10.2M), China (MYR8.37M), Singapore (MYR5.09M), and United Kingdom (MYR3.26M).

Growth In September 2020, the decrease in Baked Goods's year-by-year exports was explained primarily by a decrease in exports to Thailand (MYR-9.13M or -38.3%), China (MYR-3.31M or -26.1%), and Vietnam (MYR-3.12M or -29.3%). In September 2020, the increase in Baked Goods's year-by-year imports was explained primarily by an increase in imports from Indonesia (MYR3.73M or 21.2%), United Kingdom (MYR876k or 47.6%), and Thailand (MYR795k or 20.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2019 - September 2020)MYR-65.7M(-29.2%)

IMPORT GROWTH (September 2019 - September 2020)MYR24.4M(50.7%)

MAIN DESTINATION (September 2020)SingaporeMYR40.4M

This section shows Baked Goods'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 Baked Goods over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$883M

IMPORTS (2022)$244M

NET TRADE (2022)$639M

In 2022, Malaysia exported $883M in Baked Goods. The main destinations of Malaysia exports on Baked Goods were Singapore ($152M), Thailand ($75.5M), Indonesia ($72.3M), Australia ($63.3M), and South Korea ($62M).

In 2022, Malaysia imported $244M in Baked Goods, mainly from Indonesia ($75.4M), China ($37.5M), Thailand ($27.5M), Singapore ($16.2M), and Italy ($9.79M).

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