Knit Gloves in Malaysia | The Observatory of Economic Complexity

About

Exports In 2022, Malaysia exported $143M in Knit Gloves, making it the 6th largest exporter of Knit Gloves in the world. At the same year, Knit Gloves was the 232nd most exported product in Malaysia. The main destination of Knit Gloves exports from Malaysia are: Japan ($49.7M), United States ($29.4M), France ($10.3M), Netherlands ($9.63M), and Turkey ($5.75M).

The fastest growing export markets for Knit Gloves of Malaysia between 2021 and 2022 were Japan ($8.21M), United States ($5.87M), and Canada ($675k).

Imports In 2022, Malaysia imported $56.7M in Knit Gloves, becoming the 23rd largest importer of Knit Gloves in the world. At the same year, Knit Gloves was the 485th most imported product in Malaysia. Malaysia imports Knit Gloves primarily from: China ($31M), Burma ($18.2M), Vietnam ($2.23M), Sri Lanka ($1.48M), and Pakistan ($984k).

The fastest growing import markets in Knit Gloves for Malaysia between 2021 and 2022 were Burma ($11.1M), China ($2.34M), and Vietnam ($460k).

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

Latest Trends

September 2020

About

Overview In September 2020 Malaysia's Knit Gloves exports accounted up to MYR43.9M and imports accounted up to MYR14M, resulting in a positive trade balance of MYR29.9M. Between September 2019 and September 2020 the exports of Malaysia's Knit Gloves have decreased by MYR-5.03M (-10.3%) from MYR48.9M to MYR43.9M, while imports decreased by MYR-1.2M (-7.92%) from MYR15.2M to MYR14M.

Destinations In September 2020, Knit Gloves were exported mostly to Japan (MYR16.5M), United States (MYR8.13M), France (MYR4.04M), Turkey (MYR2.46M), and Netherlands (MYR2.18M), and were imported mostly from China (MYR6.78M), Burma (MYR4.97M), Vietnam (MYR644k), South Korea (MYR279k), and Sri Lanka (MYR265k).

Growth In September 2020, the decrease in Knit Gloves's year-by-year exports was explained primarily by a decrease in exports to Germany (MYR-864k or -36.9%), China (MYR-623k or -86.4%), and Netherlands (MYR-600k or -21.1%). In September 2020, the decrease in Knit Gloves's year-by-year imports was explained primarily by a decrease in imports from Mexico (MYR-109k or -58.3%), Australia (MYR-31.9k or -36.7%), and South Korea (MYR-25.5k or -5.12%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2019 - September 2020)MYR-5.03M(-10.3%)

IMPORT GROWTH (September 2019 - September 2020)MYR-1.2M(-7.92%)

MAIN DESTINATION (September 2020)JapanMYR16.5M

This section shows Knit Gloves'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 Knit Gloves over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$143M

IMPORTS (2022)$56.7M

NET TRADE (2022)$86.1M

In 2022, Malaysia exported $143M in Knit Gloves. The main destinations of Malaysia exports on Knit Gloves were Japan ($49.7M), United States ($29.4M), France ($10.3M), Netherlands ($9.63M), and Turkey ($5.75M).

In 2022, Malaysia imported $56.7M in Knit Gloves, mainly from China ($31M), Burma ($18.2M), Vietnam ($2.23M), Sri Lanka ($1.48M), and Pakistan ($984k).

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