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2022
Exports $154MWorld Rnk 37 / 216
Flag Rnk 224 / 1198
2022
Destination $5.03M Singapore
2021 - 2022
FASTEST GROWING MARKET $5.03MKuwait
2022
PRODUCT COMPLEXITY IN Beauty Products0.42Rnk 400 / 1025
2022
Imports $506MWorld Rnk 26 / 223
Flag Rnk 107 / 1203
2022
Origin $30.7M Singapore
2021 - 2022
FASTEST GROWING ORIGIN $30.7MSingapore
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $154M in Beauty Products, making it the 37th largest exporter of Beauty Products in the world. At the same year, Beauty Products was the 224th most exported product in Malaysia. The main destination of Beauty Products exports from Malaysia are: Singapore ($36M), Hong Kong ($15.8M), Indonesia ($13.1M), Japan ($11.7M), and Thailand ($9.31M).

The fastest growing export markets for Beauty Products of Malaysia between 2021 and 2022 were Kuwait ($5.03M), Thailand ($3.02M), and United Arab Emirates ($2.69M).

Imports In 2022, Malaysia imported $506M in Beauty Products, becoming the 26th largest importer of Beauty Products in the world. At the same year, Beauty Products was the 107th most imported product in Malaysia. Malaysia imports Beauty Products primarily from: Singapore ($125M), South Korea ($78.7M), United States ($69.1M), China ($43.9M), and Thailand ($34.6M).

The fastest growing import markets in Beauty Products for Malaysia between 2021 and 2022 were Singapore ($30.7M), China ($27M), and United States ($11.6M).

Latest Trends

October 2024

About

Overview In October 2024 Malaysia's Beauty Products exports accounted up to MYR71.2M and imports accounted up to MYR237M, resulting in a negative trade balance of MYR166M. Between October 2023 and October 2024 the exports of Malaysia's   Beauty Products have increased by MYR11M (18.3%) from MYR60.2M to MYR71.2M, while imports increased by MYR23.9M (11.2%) from MYR213M to MYR237M.

Destinations In October 2024, Beauty Products were exported mostly to Singapore (MYR30.5M), Japan (MYR5.89M), Hong Kong (MYR5.88M), Philippines (MYR3.84M), and Indonesia (MYR3.16M), and were imported mostly from Singapore (MYR68.9M), France (MYR33.4M), South Korea (MYR26.9M), China (MYR24.8M), and United States (MYR19.9M).

Growth In October 2024, the increase in Beauty Products's year-by-year exports was explained primarily by an increase in exports to Vietnam (MYR1.31M or 484%), United States (MYR1.11M or 102%), and Singapore (MYR995k or 6.74%). In October 2024, the increase in Beauty Products's year-by-year imports was explained primarily by an increase in imports from Thailand (MYR14.7M or 174%), France (MYR4.87M or 36.9%), and South Korea (MYR4.52M or 30.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)MYR11M(18.3%)
IMPORT GROWTH (October 2023 - October 2024)MYR23.9M(11.2%)
MAIN DESTINATION (October 2024)SingaporeMYR30.5M

This section shows Beauty Products'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 Beauty Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$154M
IMPORTS (2022)$506M
NET TRADE (2022)-$352M

In 2022, Malaysia exported $154M in Beauty Products. The main destinations of Malaysia exports on Beauty Products were Singapore ($36M), Hong Kong ($15.8M), Indonesia ($13.1M), Japan ($11.7M), and Thailand ($9.31M).

In 2022, Malaysia imported $506M in Beauty Products, mainly from Singapore ($125M), South Korea ($78.7M), United States ($69.1M), China ($43.9M), and Thailand ($34.6M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Beauty Products EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Kuwait$5.03M (462%)
Thailand$3.02M (47.9%)
United Arab Emirates$2.69M (41.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Beauty Products BY Malaysia WERE (2021 - 2022):
Indonesia-$2.56M (-16.4%)
Hong Kong-$2.35M (-12.9%)
Japan-$2.04M (-14.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Beauty Products were:
France $10.8B
South Korea $7.09B
United States $6.02B
In 2022, Malaysia's main importing competitors in Beauty Products were:
China $11.1B
United States $5.77B
Hong Kong $3.78B

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Trade Value of Beauty Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSingapore+ $16.8M
TOP IMPORT POTENTIALChina+ $22.8M

Beauty Products’s highest export potential is Singapore. With an export gap of $16.8M.   Beauty Products’s highest import potential is China with an import gap of $22.8M.

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