Seed Oils in Malaysia | The Observatory of Economic Complexity

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Exports In 2022, Malaysia exported $162M in Seed Oils, making it the 19th largest exporter of Seed Oils in the world. At the same year, Seed Oils was the 218th most exported product in Malaysia. The main destination of Seed Oils exports from Malaysia are: Australia ($45.8M), Singapore ($23.9M), Ethiopia ($19.7M), Thailand ($19.2M), and New Zealand ($10.6M).

The fastest growing export markets for Seed Oils of Malaysia between 2021 and 2022 were Singapore ($6.72M), Australia ($6M), and India ($5.86M).

Imports In 2022, Malaysia imported $231M in Seed Oils, becoming the 20th largest importer of Seed Oils in the world. At the same year, Seed Oils was the 216th most imported product in Malaysia. Malaysia imports Seed Oils primarily from: Ukraine ($105M), France ($44.6M), China ($19.6M), Russia ($13.9M), and Argentina ($5.79M).

The fastest growing import markets in Seed Oils for Malaysia between 2021 and 2022 were France ($37.3M), Ukraine ($27.1M), and China ($14M).

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

Latest Trends

September 2020

About

Overview In September 2020 Malaysia's Seed Oils exports accounted up to MYR40.7M and imports accounted up to MYR57.9M, resulting in a negative trade balance of MYR17.2M. Between September 2019 and September 2020 the exports of Malaysia's Seed Oils have increased by MYR6.53M (19.1%) from MYR34.1M to MYR40.7M, while imports increased by MYR37.7M (187%) from MYR20.2M to MYR57.9M.

Destinations In September 2020, Seed Oils were exported mostly to Australia (MYR15.3M), Thailand (MYR4.52M), Japan (MYR4.1M), Singapore (MYR3.94M), and Bangladesh (MYR1.93M), and were imported mostly from Russia (MYR35.1M), Ukraine (MYR8.69M), Argentina (MYR7.95M), Turkey (MYR3.01M), and China (MYR2.32M).

Growth In September 2020, the increase in Seed Oils's year-by-year exports was explained primarily by an increase in exports to Burma (MYR2.74M or 705%), Thailand (MYR1.6M or 75.4%), and Singapore (MYR1.19M or 26.5%). In September 2020, the increase in Seed Oils's year-by-year imports was explained primarily by an increase in imports from France (MYR1.2M or 2.18k%), Spain (MYR1.03M or 84.8%), and Russia (MYR505k or 15.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2019 - September 2020)MYR6.53M(19.1%)

IMPORT GROWTH (September 2019 - September 2020)MYR37.7M(187%)

MAIN DESTINATION (September 2020)AustraliaMYR15.3M

This section shows Seed 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 Seed Oils over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$162M

IMPORTS (2022)$231M

NET TRADE (2022)-$69.5M

In 2022, Malaysia exported $162M in Seed Oils. The main destinations of Malaysia exports on Seed Oils were Australia ($45.8M), Singapore ($23.9M), Ethiopia ($19.7M), Thailand ($19.2M), and New Zealand ($10.6M).

In 2022, Malaysia imported $231M in Seed Oils, mainly from Ukraine ($105M), France ($44.6M), China ($19.6M), Russia ($13.9M), and Argentina ($5.79M).

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