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2022
Exports $41.5MWorld Rnk 40 / 220
Flag Rnk 402 / 1198
2022
Destination $2.72M France
2021 - 2022
FASTEST GROWING MARKET $2.72MFrance
2022
PRODUCT COMPLEXITY IN Other Cloth Articles-1.53Rnk 950 / 1025
2022
Imports $206MWorld Rnk 25 / 226
Flag Rnk 228 / 1203
2022
Origin $1.83M China
2021 - 2022
FASTEST GROWING ORIGIN $1.83MUnited Kingdom
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $41.5M in Other Cloth Articles, making it the 40th largest exporter of Other Cloth Articles in the world. At the same year, Other Cloth Articles was the 402nd most exported product in Malaysia. The main destination of Other Cloth Articles exports from Malaysia are: France ($9.46M), United States ($3.82M), Singapore ($3.41M), Australia ($3.04M), and Japan ($2.38M).

The fastest growing export markets for Other Cloth Articles of Malaysia between 2021 and 2022 were France ($2.72M), China ($849k), and Thailand ($840k).

Imports In 2022, Malaysia imported $206M in Other Cloth Articles, becoming the 25th largest importer of Other Cloth Articles in the world. At the same year, Other Cloth Articles was the 228th most imported product in Malaysia. Malaysia imports Other Cloth Articles primarily from: China ($172M), Singapore ($8.22M), Vietnam ($4.18M), United States ($3.4M), and South Korea ($3.26M).

The fastest growing import markets in Other Cloth Articles for Malaysia between 2021 and 2022 were United Kingdom ($1.83M), Vietnam ($1.8M), and United States ($840k).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Other Cloth Articles exports accounted up to MYR15M and imports accounted up to MYR23.8M, resulting in a negative trade balance of MYR8.75M. Between June 2023 and June 2024 the exports of Malaysia's   Other Cloth Articles have decreased by MYR-1.27M (-7.81%) from MYR16.3M to MYR15M, while imports decreased by MYR-674k (-2.76%) from MYR24.5M to MYR23.8M.

Destinations In June 2024, Other Cloth Articles were exported mostly to France (MYR4.48M), Singapore (MYR2.33M), United States (MYR2.12M), Thailand (MYR806k), and Australia (MYR741k), and were imported mostly from China (MYR16.7M), Mexico (MYR2.01M), Vietnam (MYR1.21M), Singapore (MYR1.09M), and Japan (MYR592k).

Growth In June 2024, the decrease in Other Cloth Articles's year-by-year exports was explained primarily by a decrease in exports to Brunei (MYR-2.16M or -97.3%), Turkey (MYR-1.31M or -100%), and Italy (MYR-397k or -99.1%). In June 2024, the decrease in Other Cloth Articles's year-by-year imports was explained primarily by a decrease in imports from China (MYR-29.1M or -62.7%), Singapore (MYR-2.97M or -83.3%), and South Korea (MYR-1.94M or -96.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR-1.27M(-7.81%)
IMPORT GROWTH (June 2023 - June 2024)MYR-674k(-2.76%)
MAIN DESTINATION (June 2024)FranceMYR4.48M

This section shows Other Cloth Articles'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 Other Cloth Articles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$41.5M
IMPORTS (2022)$206M
NET TRADE (2022)-$165M

In 2022, Malaysia exported $41.5M in Other Cloth Articles. The main destinations of Malaysia exports on Other Cloth Articles were France ($9.46M), United States ($3.82M), Singapore ($3.41M), Australia ($3.04M), and Japan ($2.38M).

In 2022, Malaysia imported $206M in Other Cloth Articles, mainly from China ($172M), Singapore ($8.22M), Vietnam ($4.18M), United States ($3.4M), and South Korea ($3.26M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Cloth Articles EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
France$2.72M (40.4%)
China$849k (287%)
Thailand$840k (144%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Cloth Articles BY Malaysia WERE (2021 - 2022):
Singapore-$4.39M (-56.3%)
United Kingdom-$1.19M (-61.3%)
Germany-$475k (-17.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Other Cloth Articles were:
China $13.2B
Germany $1.21B
United States $944M
In 2022, Malaysia's main importing competitors in Other Cloth Articles were:
United States $6.42B
Germany $1.99B
Japan $1.83B

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Trade Value of Other Cloth Articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.23M
TOP IMPORT POTENTIALChina+ $19M

Other Cloth Articles’s highest export potential is United States. With an export gap of $3.23M.   Other Cloth Articles’s highest import potential is China with an import gap of $19M.

See methodology.

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