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2022
Exports $95.3MWorld Rnk 21 / 167
Flag Rnk 288 / 1198
2022
Destination $1.01M India
2021 - 2022
FASTEST GROWING MARKET $1.01MSingapore
2022
PRODUCT COMPLEXITY IN Carbonates-0.61Rnk 730 / 1025
2022
Imports $216MWorld Rnk 20 / 216
Flag Rnk 223 / 1203
2022
Origin $37.8M United States
2021 - 2022
FASTEST GROWING ORIGIN $37.8MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $95.3M in Carbonates, making it the 21st largest exporter of Carbonates in the world. At the same year, Carbonates was the 288th most exported product in Malaysia. The main destination of Carbonates exports from Malaysia are: India ($54.6M), Indonesia ($10.9M), China ($3.84M), United States ($3.67M), and Singapore ($3.55M).

The fastest growing export markets for Carbonates of Malaysia between 2021 and 2022 were Singapore ($1.01M), United States ($667k), and Indonesia ($601k).

Imports In 2022, Malaysia imported $216M in Carbonates, becoming the 20th largest importer of Carbonates in the world. At the same year, Carbonates was the 223rd most imported product in Malaysia. Malaysia imports Carbonates primarily from: United States ($105M), China ($49.2M), Turkey ($18.6M), South Korea ($13.3M), and Bulgaria ($10.2M).

The fastest growing import markets in Carbonates for Malaysia between 2021 and 2022 were China ($37.8M), United States ($14.6M), and Bulgaria ($9.08M).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Carbonates exports accounted up to MYR17.8M and imports accounted up to MYR63.6M, resulting in a negative trade balance of MYR45.8M. Between June 2023 and June 2024 the exports of Malaysia's   Carbonates have increased by MYR2.2M (14.1%) from MYR15.6M to MYR17.8M, while imports decreased by MYR-69M (-52.1%) from MYR133M to MYR63.6M.

Destinations In June 2024, Carbonates were exported mostly to China (MYR3.93M), India (MYR3.24M), Thailand (MYR2.5M), Indonesia (MYR2.12M), and Cote d'Ivoire (MYR799k), and were imported mostly from United States (MYR37.3M), China (MYR10.3M), South Korea (MYR4.1M), Chinese Taipei (MYR4.05M), and Bulgaria (MYR2.65M).

Growth In June 2024, the increase in Carbonates's year-by-year exports was explained primarily by an increase in exports to India (MYR1.15M or 31.1%), China (MYR632k or 1.12k%), and Togo (MYR180k or 34.6%). In June 2024, the decrease in Carbonates's year-by-year imports was explained primarily by a decrease in imports from United States (MYR-36.8M or -37.6%), Turkey (MYR-744k or -73.1%), and Bulgaria (MYR-533k or -68.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR2.2M(14.1%)
IMPORT GROWTH (June 2023 - June 2024)MYR-69M(-52.1%)
MAIN DESTINATION (June 2024)ChinaMYR3.93M

This section shows Carbonates'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 Carbonates over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$95.3M
IMPORTS (2022)$216M
NET TRADE (2022)-$121M

In 2022, Malaysia exported $95.3M in Carbonates. The main destinations of Malaysia exports on Carbonates were India ($54.6M), Indonesia ($10.9M), China ($3.84M), United States ($3.67M), and Singapore ($3.55M).

In 2022, Malaysia imported $216M in Carbonates, mainly from United States ($105M), China ($49.2M), Turkey ($18.6M), South Korea ($13.3M), and Bulgaria ($10.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Carbonates EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Singapore$1.01M (39.9%)
United States$667k (22.2%)
Indonesia$601k (5.82%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carbonates BY Malaysia WERE (2021 - 2022):
Thailand-$1.4M (-33.5%)
Bangladesh-$1.21M (-35.1%)
Ghana-$561k (-49.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Carbonates were:
Chile $7.72B
China $2.25B
United States $2.11B
In 2022, Malaysia's main importing competitors in Carbonates were:
China $6.3B
South Korea $1.69B
Japan $1.27B

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Trade Value of Carbonates by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $7.16M
TOP IMPORT POTENTIALChina+ $8.36M

Carbonates’s highest export potential is China. With an export gap of $7.16M.   Carbonates’s highest import potential is China with an import gap of $8.36M.

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