Processed Crustaceans in Malaysia | The Observatory of Economic Complexity

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Exports In 2022, Malaysia exported $138M in Processed Crustaceans, making it the 26th largest exporter of Processed Crustaceans in the world. At the same year, Processed Crustaceans was the 238th most exported product in Malaysia. The main destination of Processed Crustaceans exports from Malaysia are: China ($43.4M), Singapore ($32.8M), Australia ($13.6M), United Kingdom ($6.86M), and Hong Kong ($6.84M).

The fastest growing export markets for Processed Crustaceans of Malaysia between 2021 and 2022 were Turkey ($4.17M), Australia ($2.21M), and United States ($490k).

Imports In 2022, Malaysia imported $960M in Processed Crustaceans, becoming the 6th largest importer of Processed Crustaceans in the world. At the same year, Processed Crustaceans was the 53rd most imported product in Malaysia. Malaysia imports Processed Crustaceans primarily from: China ($846M), Indonesia ($26.3M), Thailand ($19.6M), Hong Kong ($8.73M), and Burma ($8.3M).

The fastest growing import markets in Processed Crustaceans for Malaysia between 2021 and 2022 were China ($340M), Indonesia ($7.47M), and Hong Kong ($4.63M).

Latest Trends

September 2020

About

Overview In September 2020 Malaysia's Processed Crustaceans exports accounted up to MYR11.7M and imports accounted up to MYR14.8M, resulting in a negative trade balance of MYR3.11M. Between September 2019 and September 2020 the exports of Malaysia's Processed Crustaceans have decreased by MYR-8.54M (-42.2%) from MYR20.3M to MYR11.7M, while imports decreased by MYR-825k (-5.27%) from MYR15.6M to MYR14.8M.

Destinations In September 2020, Processed Crustaceans were exported mostly to Australia (MYR3.01M), United Kingdom (MYR2.9M), Singapore (MYR2.57M), Vietnam (MYR798k), and Brunei (MYR755k), and were imported mostly from China (MYR8.8M), Chinese Taipei (MYR1.11M), Mexico (MYR1M), Vietnam (MYR726k), and Chile (MYR646k).

Growth In September 2020, the decrease in Processed Crustaceans's year-by-year exports was explained primarily by a decrease in exports to Australia (MYR-6.39M or -74.2%), Thailand (MYR-502k or -46.2%), and United Kingdom (MYR-320k or -17.4%). In September 2020, the decrease in Processed Crustaceans's year-by-year imports was explained primarily by a decrease in imports from Chile (MYR-2.14M or -50.5%), China (MYR-1.96M or -20.1%), and Singapore (MYR-1.53M or -65.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2019 - September 2020)MYR-8.54M(-42.2%)

IMPORT GROWTH (September 2019 - September 2020)MYR-825k(-5.27%)

MAIN DESTINATION (September 2020)AustraliaMYR3.01M

This section shows Processed Crustaceans'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 Processed Crustaceans over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$138M

IMPORTS (2022)$960M

NET TRADE (2022)-$822M

In 2022, Malaysia exported $138M in Processed Crustaceans. The main destinations of Malaysia exports on Processed Crustaceans were China ($43.4M), Singapore ($32.8M), Australia ($13.6M), United Kingdom ($6.86M), and Hong Kong ($6.84M).

In 2022, Malaysia imported $960M in Processed Crustaceans, mainly from China ($846M), Indonesia ($26.3M), Thailand ($19.6M), Hong Kong ($8.73M), and Burma ($8.3M).

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