Industrial Fatty Acids, Oils and Alcohols in Malaysia | The Observatory of Economic Complexity

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Exports In 2022, Malaysia exported $1.9B in Industrial Fatty Acids, Oils and Alcohols, making it the 14th largest exporter of Industrial Fatty Acids, Oils and Alcohols in the world. At the same year, Industrial Fatty Acids, Oils and Alcohols was the 22nd most exported product in Malaysia. The main destination of Industrial Fatty Acids, Oils and Alcohols exports from Malaysia are: Netherlands ($517M), China ($230M), Germany ($115M), United Kingdom ($115M), and India ($109M).

The fastest growing export markets for Industrial Fatty Acids, Oils and Alcohols of Malaysia between 2021 and 2022 were Netherlands ($166M), United Kingdom ($74.1M), and Germany ($70M).

Imports In 2022, Malaysia imported $1.16B in Industrial Fatty Acids, Oils and Alcohols, becoming the 20th largest importer of Industrial Fatty Acids, Oils and Alcohols in the world. At the same year, Industrial Fatty Acids, Oils and Alcohols was the 38th most imported product in Malaysia. Malaysia imports Industrial Fatty Acids, Oils and Alcohols primarily from: China ($728M), Indonesia ($96M), Japan ($83.3M), United States ($51.4M), and Singapore ($36.7M).

The fastest growing import markets in Industrial Fatty Acids, Oils and Alcohols for Malaysia between 2021 and 2022 were China ($523M), Indonesia ($42.2M), and United Arab Emirates ($6.78M).

COMPANIES In 2019, leading companies such as were at the forefront of shipping Industrial Fatty Acids, Oils and Alcohols from Malaysia to the United States.

Latest Trends

September 2020

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Overview In September 2020 Malaysia's Industrial Fatty Acids, Oils and Alcohols exports accounted up to MYR603M and imports accounted up to MYR170M, resulting in a positive trade balance of MYR433M. Between September 2019 and September 2020 the exports of Malaysia's Industrial Fatty Acids, Oils and Alcohols have increased by MYR2.79M (0.46%) from MYR600M to MYR603M, while imports increased by MYR51.5M (43.4%) from MYR119M to MYR170M.

Destinations In September 2020, Industrial Fatty Acids, Oils and Alcohols were exported mostly to China (MYR89.1M), Singapore (MYR54.6M), United States (MYR53.5M), Netherlands (MYR52.4M), and India (MYR45.3M), and were imported mostly from Indonesia (MYR144M), Thailand (MYR7.09M), Vietnam (MYR3.53M), Japan (MYR3.51M), and Singapore (MYR2.18M).

Growth In September 2020, the increase in Industrial Fatty Acids, Oils and Alcohols's year-by-year exports was explained primarily by an increase in exports to Netherlands (MYR21.4M or 37.6%), Indonesia (MYR20.8M or 175%), and United Arab Emirates (MYR6.96M or 278%). In September 2020, the increase in Industrial Fatty Acids, Oils and Alcohols's year-by-year imports was explained primarily by an increase in imports from Thailand (MYR3.09M or 852%), Belgium (MYR3.01M or 640%), and United States (MYR1.63M or 132%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2019 - September 2020)MYR2.79M(0.46%)

IMPORT GROWTH (September 2019 - September 2020)MYR51.5M(43.4%)

MAIN DESTINATION (September 2020)ChinaMYR89.1M

This section shows Industrial Fatty Acids, Oils and Alcohols'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 Industrial Fatty Acids, Oils and Alcohols over time.

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