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2022
Exports $468MWorld Rnk 14 / 164
Flag Rnk 103 / 1198
2022
Destination $4.76M China
2021 - 2022
FASTEST GROWING MARKET $4.76MAustralia
2022
PRODUCT COMPLEXITY IN Acrylic Polymers1.24Rnk 101 / 1025
2022
Imports $242MWorld Rnk 25 / 213
Flag Rnk 202 / 1203
2022
Origin $12.5M China
2021 - 2022
FASTEST GROWING ORIGIN $12.5MThailand
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $468M in Acrylic Polymers, making it the 14th largest exporter of Acrylic Polymers in the world. At the same year, Acrylic Polymers was the 103rd most exported product in Malaysia. The main destination of Acrylic Polymers exports from Malaysia are: China ($174M), Thailand ($47.9M), Vietnam ($46.6M), Singapore ($38.3M), and Philippines ($25M).

The fastest growing export markets for Acrylic Polymers of Malaysia between 2021 and 2022 were Australia ($4.76M), India ($4.62M), and Philippines ($4.1M).

Imports In 2022, Malaysia imported $242M in Acrylic Polymers, becoming the 25th largest importer of Acrylic Polymers in the world. At the same year, Acrylic Polymers was the 202nd most imported product in Malaysia. Malaysia imports Acrylic Polymers primarily from: China ($45M), Singapore ($38.1M), Thailand ($35.3M), Japan ($25.3M), and South Korea ($20.9M).

The fastest growing import markets in Acrylic Polymers for Malaysia between 2021 and 2022 were Thailand ($12.5M), United States ($7.4M), and Vietnam ($3.58M).

Latest Trends

August 2024

About

Overview In August 2024 Malaysia's Acrylic Polymers exports accounted up to MYR181M and imports accounted up to MYR123M, resulting in a positive trade balance of MYR57.6M. Between August 2023 and August 2024 the exports of Malaysia's   Acrylic Polymers have increased by MYR55.6M (44.4%) from MYR125M to MYR181M, while imports increased by MYR23.5M (23.7%) from MYR99.5M to MYR123M.

Destinations In August 2024, Acrylic Polymers were exported mostly to China (MYR91.1M), Vietnam (MYR17.5M), Singapore (MYR15M), Thailand (MYR9.8M), and Australia (MYR8.46M), and were imported mostly from China (MYR33.6M), Singapore (MYR15M), South Korea (MYR14.4M), Thailand (MYR12.9M), and United States (MYR8.98M).

Growth In August 2024, the increase in Acrylic Polymers's year-by-year exports was explained primarily by an increase in exports to China (MYR3.92M or 7.01%), Australia (MYR2.41M or 35.9%), and Tanzania (MYR513k or 166%). In August 2024, the increase in Acrylic Polymers's year-by-year imports was explained primarily by an increase in imports from Chinese Taipei (MYR4.2M or 58.2%), United States (MYR3.57M or 113%), and Vietnam (MYR1.43M or 91.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)MYR55.6M(44.4%)
IMPORT GROWTH (August 2023 - August 2024)MYR23.5M(23.7%)
MAIN DESTINATION (August 2024)ChinaMYR91.1M

This section shows Acrylic Polymers'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 Acrylic Polymers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$468M
IMPORTS (2022)$242M
NET TRADE (2022)$225M

In 2022, Malaysia exported $468M in Acrylic Polymers. The main destinations of Malaysia exports on Acrylic Polymers were China ($174M), Thailand ($47.9M), Vietnam ($46.6M), Singapore ($38.3M), and Philippines ($25M).

In 2022, Malaysia imported $242M in Acrylic Polymers, mainly from China ($45M), Singapore ($38.1M), Thailand ($35.3M), Japan ($25.3M), and South Korea ($20.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Acrylic Polymers EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Australia$4.76M (31.2%)
India$4.62M (30.5%)
Philippines$4.1M (19.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Acrylic Polymers BY Malaysia WERE (2021 - 2022):
China-$121M (-41%)
Vietnam-$7.34M (-13.6%)
Indonesia-$6.53M (-26.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Acrylic Polymers were:
Germany $2.92B
South Korea $2.11B
China $2.07B
In 2022, Malaysia's main importing competitors in Acrylic Polymers were:
China $2.3B
United States $1.43B
Germany $1.39B

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Trade Value of Acrylic Polymers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $14.2M
TOP IMPORT POTENTIALChina+ $11.7M

Acrylic Polymers’s highest export potential is Indonesia. With an export gap of $14.2M.   Acrylic Polymers’s highest import potential is China with an import gap of $11.7M.

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