in ,

Malaysia Chicken Export Ban, Secures Its Own Domestic Supplies

Malaysia Chicken Export Ban, Secures Its Own Domestic Supplies

Malaysia chicken export ban implemented by the Malaysian government is focused on securing their own domestic supplies and demand. The rising prices and along with the prevailing conditions of persistently growing inflation added to the pressure on the government to take the step.

According to the latest reports, the Malaysian government is keen to curtail the rising prices by halting the exports of over 3.6 million quantity of chickens. From June 1, the government will implement the Malaysia chicken export ban until prices rebound for the consumers in Malaysia.

Malaysia Top Live Animals Export

Malaysia top live animals export represented below are retrieved from Malaysia export data 2021. Each product features a corresponding total value of exports for the year 2021. There is a total number of 5 animals shown in the list, excluding any other specifications such as “others”.

As per the shown export data of Malaysia, the exports of poultry is of the highest value. Poultry consists of birds such as fowls, turkeys, and similar animals from the Gallus Domesticus Species. The poultry exports of Malaysia are the highest value of exports at $203.86 million in 2021.

Live Animals’ Exports From Malaysia (2021)

Poultry exports are also the highest accounted exports from other countries as well. In fact, the poultry exports, specifically the export value of fowls (chickens) are the highest value among all poultry exports in 2021 in the United States of America.

Read More: US Bird Flu Outbreak Will Affect Its Top Poultry Meat Exports

Malaysia Chicken Export Ban

Malaysia chicken export represented in the data below features quarterly exports from 2020 to 2021. The export trends of fowls from Malaysia to other countries show each quarter’s corresponding total export value. The HS Code classification for chicken here is 010594 Subheadings.

Malaysia chicken export in the first quarter of 2020 amounted to $35.5 million. The values in the next following quarters are rising upwards, with an average growth rate of $1.5 million per quarter. With a minor fluctuation in the third quarter, the value of exports rests at $42 million in the last quarter.

Malaysian Fowl Export Trend – Quarterly

Malaysia chicken export ban highly affects Singapore as it is the highest exporting country in Malaysia. Malaysia chicken export to Singapore accounted for the highest export value of $159.7 million in 2021.

The exports of fowls/chickens from Malaysia to Singapore represent quarterly export values for 2021. The first quarter of 2021 amounted to $39 million of exports, followed by $40 million and $38.6 million in the second and third quarters.

The fourth quarter of 2021 amounted to $42 million, implying that the Malaysia chicken export to Singapore increased in 2021. Look at the shown Singapore imports 2021 to understand better.

Malaysia’s Fowls Exports To Singapore (2021)

Following the rising rate of inflation and a lingering threat to food security in the domestic market, Malaysia chicken export will be implemented from June 1. The Malaysian government would acknowledge the slaughterhouses in foreign regions in order to boost local supplies and bring down the rising prices. This measure is imposed following the abolishment of approved permit rules on the importation of food items in Malaysia such as chicken, coconut, and evaporated milk.

Recommendation: UK To Cut Off The Trade From Canada For Hormone-Treated Beef

US Wine Exports

US Wine Exports Growth In 2021, COVID-19 Didn’t Affect It Much

Global Solar Cells Import-Export Trends

Solar Cells Trade Trend Growing In The Countries Positively