Borax in Malaysia | The Observatory of Economic Complexity

About

Exports In 2022, Malaysia exported $3.1M in Borax, making it the 9th largest exporter of Borax in the world. At the same year, Borax was the 818th most exported product in Malaysia. The main destination of Borax exports from Malaysia are: Indonesia ($1.2M), China ($929k), Thailand ($583k), Burma ($257k), and Bangladesh ($78.7k).

The fastest growing export markets for Borax of Malaysia between 2021 and 2022 were China ($639k), Burma ($257k), and Thailand ($237k).

Imports In 2022, Malaysia imported $19.5M in Borax, becoming the 5th largest importer of Borax in the world. At the same year, Borax was the 720th most imported product in Malaysia. Malaysia imports Borax primarily from: Turkey ($18M), Bolivia ($889k), Peru ($438k), China ($69.5k), and Argentina ($66.7k).

The fastest growing import markets in Borax for Malaysia between 2021 and 2022 were Turkey ($9.54M), Peru ($184k), and China ($69.5k).

Latest Trends

August 2024

About

Overview In August 2024 Malaysia's Borax exports accounted up to MYR131k and imports accounted up to MYR8.27M, resulting in a negative trade balance of MYR8.14M. Between August 2023 and August 2024 the exports of Malaysia's Borax have decreased by MYR-1.34M (-91.1%) from MYR1.48M to MYR131k, while imports increased by MYR4.44M (116%) from MYR3.83M to MYR8.27M.

Destinations In August 2024, Borax were exported mostly to Thailand (MYR94.2k) and Sri Lanka (MYR37.1k), and were imported mostly from Chile (MYR2.16M), Bolivia (MYR632k), Belgium (MYR63.7k), and United States (MYR173).

Growth In August 2024, the decrease in Borax's year-by-year exports was explained primarily by a decrease in exports to Thailand (MYR-6.04k or -5.79%). In August 2024, the increase in Borax's year-by-year imports was explained primarily by an increase in imports from Turkey (MYR10.3M or 227%), Chile (MYR3.63M or 512%), and Bolivia (MYR275k or 40.2%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2023 - August 2024)MYR-1.34M(-91.1%)

IMPORT GROWTH (August 2023 - August 2024)MYR4.44M(116%)

MAIN DESTINATION (August 2024)ThailandMYR94.2k

This section shows Borax'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 Borax over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$3.1M

IMPORTS (2022)$19.5M

NET TRADE (2022)-$16.4M

In 2022, Malaysia exported $3.1M in Borax. The main destinations of Malaysia exports on Borax were Indonesia ($1.2M), China ($929k), Thailand ($583k), Burma ($257k), and Bangladesh ($78.7k).

In 2022, Malaysia imported $19.5M in Borax, mainly from Turkey ($18M), Bolivia ($889k), Peru ($438k), China ($69.5k), and Argentina ($66.7k).

Explore Visualizations