Key Market Indicators
Export of phosphate from Malaysia is projected to reach $131 million by 2026, down 1.1% from $140 million in 2021. Since 1994, exports have decreased by 12.1% per year. Malaysia placed 32nd in the 2021 rankings, behind Kenya, which exported $140 million. Jordan, Russia and Peru placed second, third and fourth respectively. Import of phosphate to Malaysia is forecast to reach $18 million by 2026, a 5.2% decline from $24 million in 2021. Since 1994, imports have decreased by 3.3% annually. Malaysia ranked 19th in the 2021 rankings, behind Russia which imported $24 million. The US, Indonesia and Lithuania placed second, third and fourth respectively.