Malaysia Fish Export 2026 Market Overview & Trends

Unlocking Opportunities in Malaysia Fish Export Market: Trends, Strategies, and Growth Insights

$808.2 m

Market Size

257.3 m Kg

Export Volume

Thailand

Key Trading Partner

~0.26%

Market Growth Rate

Fish in Malaysia Trade

AI Insight

Executive Summary: Malaysia's fish export sector is navigating a transition. While long-term momentum is supported by a 26% growth rate, 2024 saw values dip to $808.2 million.
Market Dynamics: Trade is highly concentrated in Asia, with China ($218.2M) and Singapore ($169M) as primary anchors. Thailand is a key emerging bright spot, growing at 24.5%.
Product Focus: Frozen crustaceans and prepared fish are the highest value-contributors. The shift toward regional markets suggests a strategic pivot to mitigate softening demand in Western economies like the USA and Australia.

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5-Year Export Volume

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Malaysia's fish exports reached a peak of $905.8 million in 2023 before declining to $808.2 million in 2024.
While values grew steadily from 2020 to 2023, the recent drop in both value and quantity (257.3 million units) indicates a market correction or supply-side shift in the most recent fiscal year.

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Top 5 Destination Countries

China

41.84%

Singapore

32.41%

Thailand

9.61%

Hong Kong

8.26%

Other Asia, nes

7.88%

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China leads as the top destination with $218.2 million in imports, followed closely by Singapore at $169 million.
These two markets dominate the export landscape, while Thailand and Hong Kong represent secondary but significant regional hubs for Malaysian fish products in 2024.

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Export Growth Analysis

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0.3%Annual Growth

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The sector demonstrates a robust growth rate of 26%.
This significant upward momentum suggests strong market potential and expanding trade activities within the analyzed period, reflecting increased demand or improved trade efficiencies for Malaysian exporters.

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Emerging Market Opportunities

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Thailand is the primary growth driver among emerging markets, surging by 24.5% in 2024.
In contrast, established markets like Australia, the USA, and Turkey are seeing declines, suggesting a strategic pivot toward regional ASEAN demand over long-haul Western destinations.

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Sector-Related Export Opportunities

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Frozen crustaceans (shrimps and prawns) are the top export earner at $156 million.
Processed fish preparations and frozen molluscs also show strong performance, both surpassing $112 million, highlighting the importance of value-added seafood products in Malaysia's 2024 export portfolio.

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Malaysia Fish Export Requirements

Before Shipment

1. Export permit from Department of Fisheries (DOF). 2. Health Certificate issued by DOF. 3. Registration of export facility or farm. 4. CITES permit for protected species. 5. Compliance with destination country sanitary and phytosanitary (SPS) standards.

Documentation Required

1. Commercial Invoice. 2. Packing List. 3. Bill of Lading or Air Waybill. 4. Health Certificate from the Department of Fisheries. 5. Certificate of Origin for preferential tariff claims under various trade agreements.

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Fish Exports and Free Trade Agreements from Malaysia

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ASEAN Free Trade Area (AFTA)
Regional Comprehensive Economic Partnership (RCEP)
Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)
Malaysia-Japan Economic Partnership Agreement (MJEPA)
Malaysia-Australia Free Trade Agreement (MAFTA)

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