Rapeseed Oil in Malaysia | The Observatory of Economic Complexity

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Exports In 2022, Malaysia exported $132M in Rapeseed Oil, making it the 17th largest exporter of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 246th most exported product in Malaysia. The main destination of Rapeseed Oil exports from Malaysia are: Philippines ($38.3M), New Zealand ($31.9M), Australia ($20.2M), Singapore ($16M), and Indonesia ($8.39M).

The fastest growing export markets for Rapeseed Oil of Malaysia between 2021 and 2022 were Philippines ($16.8M), Australia ($6M), and Indonesia ($3.13M).

Imports In 2022, Malaysia imported $119M in Rapeseed Oil, becoming the 21st largest importer of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 331st most imported product in Malaysia. Malaysia imports Rapeseed Oil primarily from: United Arab Emirates ($85.8M), Australia ($19.8M), Japan ($6.83M), Singapore ($2.93M), and Sweden ($1.52M).

The fastest growing import markets in Rapeseed Oil for Malaysia between 2021 and 2022 were United Arab Emirates ($24.8M), Japan ($5.71M), and Singapore ($2.91M).

Latest Trends

September 2020

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Overview In September 2020 Malaysia's Rapeseed Oil exports accounted up to MYR28.4M and imports accounted up to MYR12.3M, resulting in a positive trade balance of MYR16.1M. Between September 2019 and September 2020 the exports of Malaysia's Rapeseed Oil have increased by MYR3.28M (13%) from MYR25.1M to MYR28.4M, while imports increased by MYR3.74M (43.8%) from MYR8.54M to MYR12.3M.

Destinations In September 2020, Rapeseed Oil were exported mostly to New Zealand (MYR8.67M), Philippines (MYR5.57M), Australia (MYR5.28M), Singapore (MYR3.87M), and Fiji (MYR2.27M), and were imported mostly from United Arab Emirates (MYR9.97M), Australia (MYR2.18M), Sweden (MYR83.6k), Bangladesh (MYR44.9k), and India (MYR5.91k).

Growth In September 2020, the increase in Rapeseed Oil's year-by-year exports was explained primarily by an increase in exports to Philippines (MYR838k or 21.2%), New Zealand (MYR617k or 6.73%), and Burma (MYR113k or 93.9%). In September 2020, the increase in Rapeseed Oil's year-by-year imports was explained primarily by an increase in imports from Australia (MYR2.19M or 174%), United Arab Emirates (MYR1.48M or 13.8%), and Ukraine (MYR147k or 68.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2019 - September 2020)MYR3.28M(13%)

IMPORT GROWTH (September 2019 - September 2020)MYR3.74M(43.8%)

MAIN DESTINATION (September 2020)New ZealandMYR8.67M

This section shows Rapeseed Oil'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 Rapeseed Oil over time.

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