Milk in Malaysia | The Observatory of Economic Complexity

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Exports In 2022, Malaysia exported $17.2M in Milk, making it the 45th largest exporter of Milk in the world. At the same year, Milk was the 554th most exported product in Malaysia. The main destination of Milk exports from Malaysia are: Singapore ($8.35M), Brunei ($2.8M), Hong Kong ($2.07M), Thailand ($1.72M), and Philippines ($445k).

The fastest growing export markets for Milk of Malaysia between 2021 and 2022 were Singapore ($1.73M), Malaysia ($429k), and Hong Kong ($406k).

Imports In 2022, Malaysia imported $62.8M in Milk, becoming the 28th largest importer of Milk in the world. At the same year, Milk was the 466th most imported product in Malaysia. Malaysia imports Milk primarily from: New Zealand ($25.5M), Australia ($16.6M), Germany ($5.19M), France ($3.61M), and Denmark ($2.85M).

The fastest growing import markets in Milk for Malaysia between 2021 and 2022 were New Zealand ($4.73M), Netherlands ($2.1M), and Germany ($1.11M).

Latest Trends

September 2020

About

Overview In September 2020 Malaysia's Milk exports accounted up to MYR7.38M and imports accounted up to MYR31M, resulting in a negative trade balance of MYR23.6M. Between September 2019 and September 2020 the exports of Malaysia's Milk have increased by MYR5.13M (229%) from MYR2.24M to MYR7.38M, while imports increased by MYR4.13M (15.4%) from MYR26.9M to MYR31M.

Destinations In September 2020, Milk were exported mostly to Thailand (MYR3.24M), Singapore (MYR2.22M), Brunei (MYR1.31M), Philippines (MYR355k), and Cambodia (MYR145k), and were imported mostly from Australia (MYR15M), New Zealand (MYR5.87M), Germany (MYR2.38M), France (MYR2.07M), and Singapore (MYR1.76M).

Growth In September 2020, the increase in Milk's year-by-year exports was explained primarily by an increase in exports to Brunei (MYR67.5k or 17.4%), Burma (MYR44.3k or 96.6%), and Vietnam (MYR13.6k or 38.2%). In September 2020, the increase in Milk's year-by-year imports was explained primarily by an increase in imports from Australia (MYR2.53M or 41.9%), New Zealand (MYR1.53M or 34.7%), and Germany (MYR327k or 23.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2019 - September 2020)MYR5.13M(229%)

IMPORT GROWTH (September 2019 - September 2020)MYR4.13M(15.4%)

MAIN DESTINATION (September 2020)ThailandMYR3.24M

This section shows 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 Milk over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$17.2M

IMPORTS (2022)$62.8M

NET TRADE (2022)-$45.6M

In 2022, Malaysia exported $17.2M in Milk. The main destinations of Malaysia exports on Milk were Singapore ($8.35M), Brunei ($2.8M), Hong Kong ($2.07M), Thailand ($1.72M), and Philippines ($445k).

In 2022, Malaysia imported $62.8M in Milk, mainly from New Zealand ($25.5M), Australia ($16.6M), Germany ($5.19M), France ($3.61M), and Denmark ($2.85M).

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