Other Pure Vegetable Oils in Malaysia | The Observatory of Economic Complexity

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Exports In 2022, Malaysia exported $113M in Other Pure Vegetable Oils, making it the 15th largest exporter of Other Pure Vegetable Oils in the world. At the same year, Other Pure Vegetable Oils was the 266th most exported product in Malaysia. The main destination of Other Pure Vegetable Oils exports from Malaysia are: Singapore ($35.5M), Maldives ($10.3M), Australia ($9.22M), Fiji ($7.56M), and China ($7.22M).

The fastest growing export markets for Other Pure Vegetable Oils of Malaysia between 2021 and 2022 were Singapore ($6.83M), Fiji ($3.49M), and Tanzania ($3.45M).

Imports In 2022, Malaysia imported $96.9M in Other Pure Vegetable Oils, becoming the 18th largest importer of Other Pure Vegetable Oils in the world. At the same year, Other Pure Vegetable Oils was the 369th most imported product in Malaysia. Malaysia imports Other Pure Vegetable Oils primarily from: Ghana ($35.2M), India ($16.7M), South Korea ($5.34M), China ($4.94M), and Burkina Faso ($4.75M).

The fastest growing import markets in Other Pure Vegetable Oils for Malaysia between 2021 and 2022 were India ($5.25M), United States ($3.85M), and Mali ($1.36M).

COMPANIES In 2019, leading companies such as were at the forefront of shipping Other Pure Vegetable Oils from Malaysia to the United States.

Latest Trends

September 2020

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Overview In September 2020 Malaysia's Other Pure Vegetable Oils exports accounted up to MYR11.5M and imports accounted up to MYR52.6M, resulting in a negative trade balance of MYR41.1M. Between September 2019 and September 2020 the exports of Malaysia's Other Pure Vegetable Oils have decreased by MYR-7.53M (-39.5%) from MYR19.1M to MYR11.5M, while imports increased by MYR30.6M (139%) from MYR22M to MYR52.6M.

Destinations In September 2020, Other Pure Vegetable Oils were exported mostly to Singapore (MYR3.3M), Indonesia (MYR1.92M), Philippines (MYR1.32M), Australia (MYR1.29M), and Russia (MYR839k), and were imported mostly from Ghana (MYR29.3M), Burkina Faso (MYR8.74M), Chinese Taipei (MYR2.14M), India (MYR2.11M), and Spain (MYR1.83M).

Growth In September 2020, the decrease in Other Pure Vegetable Oils's year-by-year exports was explained primarily by a decrease in exports to Singapore (MYR-25.5M or -90.7%), Japan (MYR-2.44M or -91.4%), and Indonesia (MYR-818k or -60.5%). In September 2020, the increase in Other Pure Vegetable Oils's year-by-year imports was explained primarily by an increase in imports from Germany (MYR6.32M or 288%), Chinese Taipei (MYR2.04M or 1.95k%), and Ghana (MYR1.61M or 62%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2019 - September 2020)MYR-7.53M(-39.5%)

IMPORT GROWTH (September 2019 - September 2020)MYR30.6M(139%)

MAIN DESTINATION (September 2020)SingaporeMYR3.3M

This section shows Other Pure Vegetable Oils'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 Other Pure Vegetable Oils over time.

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