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2022
Exports $163MWorld Rnk 49 / 224
Flag Rnk 19 / 21
2022
Destination $5.08M China
2021 - 2022
FASTEST GROWING MARKET $5.08MChina
2022
PRODUCT COMPLEXITY IN Animal Hides-0.063Rnk 569 / 1025
2022
Imports $1.38BWorld Rnk 22 / 225
Flag Rnk 18 / 21
2022
Origin $170M China
2021 - 2022
FASTEST GROWING ORIGIN $170MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $163M in Animal Hides, making it the 49th largest exporter of Animal Hides in the world. At the same year, Animal Hides was the 19th most exported product in Malaysia. The main destination of Animal Hides exports from Malaysia are: China ($55.6M), Singapore ($19.7M), Thailand ($18.1M), Turkey ($10.2M), and United States ($9.56M).

The fastest growing export markets for Animal Hides of Malaysia between 2021 and 2022 were China ($5.08M), Thailand ($3.34M), and Indonesia ($1.73M).

Imports In 2022, Malaysia imported $1.38B in Animal Hides, becoming the 22nd largest importer of Animal Hides in the world. At the same year, Animal Hides was the 18th most imported product in Malaysia. Malaysia imports Animal Hides primarily from: China ($1B), Italy ($58.6M), Singapore ($58.4M), France ($42M), and Hong Kong ($29.6M).

The fastest growing import markets in Animal Hides for Malaysia between 2021 and 2022 were China ($170M), Singapore ($19.8M), and Italy ($14.5M).

COMPANIES In 2023, leading companies such as Halyard Health (404), Lollicup (6), and Lawrence Wholesale (6) were at the forefront of shipping Animal Hides from Malaysia to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Animal Hides exports accounted up to MYR64.6M and imports accounted up to MYR250M, resulting in a negative trade balance of MYR186M. Between June 2023 and June 2024 the exports of Malaysia's   Animal Hides have increased by MYR5.73M (9.73%) from MYR58.9M to MYR64.6M, while imports decreased by MYR-6.1M (-2.38%) from MYR256M to MYR250M.

Destinations In June 2024, Animal Hides were exported mostly to Singapore (MYR17M), Hong Kong (MYR6.1M), Thailand (MYR5.36M), Indonesia (MYR2.81M), and United States (MYR2.32M), and were imported mostly from China (MYR81.5M), Singapore (MYR39.9M), Italy (MYR34.1M), France (MYR21.6M), and Vietnam (MYR16M).

Growth In June 2024, the increase in Animal Hides's year-by-year exports was explained primarily by an increase in exports to China (MYR38.3M or 5.72k%), Singapore (MYR13.4M or 161%), and Thailand (MYR2.58M or 44.8%). In June 2024, the decrease in Animal Hides's year-by-year imports was explained primarily by a decrease in imports from Italy (MYR-2.7M or -5.4%), Yemen (MYR-1.63M or -24.2%), and Chinese Taipei (MYR-833k or -44.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR5.73M(9.73%)
IMPORT GROWTH (June 2023 - June 2024)MYR-6.1M(-2.38%)
MAIN DESTINATION (June 2024)SingaporeMYR17M

This section shows Animal Hides'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 Animal Hides over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$163M
IMPORTS (2022)$1.38B
NET TRADE (2022)-$1.22B

In 2022, Malaysia exported $163M in Animal Hides. The main destinations of Malaysia exports on Animal Hides were China ($55.6M), Singapore ($19.7M), Thailand ($18.1M), Turkey ($10.2M), and United States ($9.56M).

In 2022, Malaysia imported $1.38B in Animal Hides, mainly from China ($1B), Italy ($58.6M), Singapore ($58.4M), France ($42M), and Hong Kong ($29.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Animal Hides EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
China$5.08M (10.1%)
Thailand$3.34M (22.6%)
Indonesia$1.73M (28.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal Hides BY Malaysia WERE (2021 - 2022):
Hong Kong-$4.65M (-50.6%)
Singapore-$3.41M (-14.8%)
Philippines-$1M (-19%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Animal Hides were:
China $38.9B
Italy $15.1B
France $13.1B
In 2022, Malaysia's main importing competitors in Animal Hides were:
United States $18.1B
China $7.54B
Italy $6.67B

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Trade Value of Animal Hides by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $10.4M
TOP IMPORT POTENTIALVietnam+ $29.8M

Animal Hides’s highest export potential is United States. With an export gap of $10.4M.   Animal Hides’s highest import potential is Vietnam with an import gap of $29.8M.

See methodology.

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