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2022
ExportsfalseWorld Rnk 3 / 110
Flag Rnk 163 / 4394
2021 - 2022
FASTEST GROWING MARKET $1.75MBangladesh
2022
Origin $634kN/A
2021 - 2022
FASTEST GROWING ORIGIN $634kChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $267M in Acetic acid, making it the 3rd largest exporter of Acetic acid in the world. At the same year, Acetic acid was the 163rd most exported product in Malaysia. The main destination of Acetic acid exports from Malaysia are: India ($187M), Thailand ($33.7M), Pakistan ($19.9M), Indonesia ($17.1M), and Singapore ($3.26M).

The fastest growing export markets for Acetic acid of Malaysia between 2021 and 2022 were Bangladesh ($1.75M), Belgium ($1.2M), and United Arab Emirates ($622k).

The fastest growing import markets in Acetic acid for Malaysia between 2021 and 2022 were China ($634k), South Korea ($205k), and India ($90.7k).

COMPANIES In 2023, leading companies such as Halyard Health (1.33k), Coaster Fine Furniture (890), and Motorola (838) were at the forefront of shipping Acetic acid from Malaysia to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Acetic acid exports accounted up to MYR64.3M and imports accounted up to MYR19.4M, resulting in a positive trade balance of MYR44.9M. Between June 2023 and June 2024 the exports of Malaysia's   Acetic acid have increased by MYR12.7M (24.7%) from MYR51.6M to MYR64.3M, while imports increased by MYR17.9M (1.2k%) from MYR1.49M to MYR19.4M.

Destinations In June 2024, Acetic acid were exported mostly to India (MYR40.9M), Thailand (MYR10.4M), Pakistan (MYR7M), Indonesia (MYR5.72M), and Australia (MYR242k), and were imported mostly from United Kingdom (MYR17.4M), China (MYR760k), Singapore (MYR483k), Germany (MYR347k), and South Korea (MYR266k).

Growth In June 2024, the increase in Acetic acid's year-by-year exports was explained primarily by an increase in exports to . In June 2024, the increase in Acetic acid's year-by-year imports was explained primarily by an increase in imports from South Korea (MYR77.6k or 83.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR12.7M(24.7%)
IMPORT GROWTH (June 2023 - June 2024)MYR17.9M(1.2k%)
MAIN DESTINATION (June 2024)IndiaMYR40.9M

This section shows Acetic acid'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 Acetic acid over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$267M

In 2022, Malaysia exported $267M in Acetic acid. The main destinations of Malaysia exports on Acetic acid were India ($187M), Thailand ($33.7M), Pakistan ($19.9M), Indonesia ($17.1M), and Singapore ($3.26M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Acetic acid EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Bangladesh$1.75M (134%)
Belgium$1.2M (1%)
United Arab Emirates$622k (6.6k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Acetic acid BY Malaysia WERE (2021 - 2022):
India-$57M (-23.3%)
Indonesia-$12.8M (-42.8%)
South Korea-$11.9M (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Acetic acid were:
China $717M
United States $638M
In 2022, Malaysia's main importing competitors in Acetic acid were:
India $682M
Belgium $346M
Germany $271M

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Trade Value of Acetic acid by Exporters

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