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2022
Exports $15.8MWorld Rnk 33 / 145
Flag Rnk 563 / 1198
2022
Destination $975k United States
2021 - 2022
FASTEST GROWING MARKET $975kBrazil
2022
PRODUCT COMPLEXITY IN Carboxylic Acids0.82Rnk 239 / 1025
2022
Imports $88MWorld Rnk 34 / 203
Flag Rnk 389 / 1203
2022
Origin $11.8M China
2021 - 2022
FASTEST GROWING ORIGIN $11.8MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $15.8M in Carboxylic Acids, making it the 33rd largest exporter of Carboxylic Acids in the world. At the same year, Carboxylic Acids was the 563rd most exported product in Malaysia. The main destination of Carboxylic Acids exports from Malaysia are: United States ($3.47M), Indonesia ($1.87M), Brazil ($1.46M), Mexico ($1.07M), and Vietnam ($1.02M).

The fastest growing export markets for Carboxylic Acids of Malaysia between 2021 and 2022 were Brazil ($975k), Mexico ($617k), and Vietnam ($601k).

Imports In 2022, Malaysia imported $88M in Carboxylic Acids, becoming the 34th largest importer of Carboxylic Acids in the world. At the same year, Carboxylic Acids was the 389th most imported product in Malaysia. Malaysia imports Carboxylic Acids primarily from: China ($41.7M), United Arab Emirates ($10.8M), Singapore ($6.64M), Japan ($3.93M), and South Korea ($3.84M).

The fastest growing import markets in Carboxylic Acids for Malaysia between 2021 and 2022 were China ($11.8M), United Arab Emirates ($10.8M), and Belgium ($1.53M).

COMPANIES In 2023, leading companies such as Motorola (1) were at the forefront of shipping Carboxylic Acids from Malaysia to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Carboxylic Acids exports accounted up to MYR3.6M and imports accounted up to MYR19.6M, resulting in a negative trade balance of MYR16M. Between June 2023 and June 2024 the exports of Malaysia's   Carboxylic Acids have decreased by MYR-1.63M (-31.2%) from MYR5.23M to MYR3.6M, while imports increased by MYR1.22M (6.63%) from MYR18.4M to MYR19.6M.

Destinations In June 2024, Carboxylic Acids were exported mostly to United States (MYR1.11M), Brazil (MYR566k), Denmark (MYR361k), Saudi Arabia (MYR261k), and Vietnam (MYR227k), and were imported mostly from China (MYR9.32M), South Korea (MYR2.08M), Singapore (MYR1.74M), Thailand (MYR1.33M), and Chinese Taipei (MYR1.16M).

Growth In June 2024, the decrease in Carboxylic Acids's year-by-year exports was explained primarily by a decrease in exports to Indonesia (MYR-625k or -96.6%), China (MYR-381k or -55.2%), and Vietnam (MYR-43.4k or -31%). In June 2024, the increase in Carboxylic Acids's year-by-year imports was explained primarily by an increase in imports from Belgium (MYR2.18M or 689%), India (MYR2.13M or 443%), and Singapore (MYR1.85M or 324%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR-1.63M(-31.2%)
IMPORT GROWTH (June 2023 - June 2024)MYR1.22M(6.63%)
MAIN DESTINATION (June 2024)United StatesMYR1.11M

This section shows Carboxylic Acids'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 Carboxylic Acids over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$15.8M
IMPORTS (2022)$88M
NET TRADE (2022)-$72.2M

In 2022, Malaysia exported $15.8M in Carboxylic Acids. The main destinations of Malaysia exports on Carboxylic Acids were United States ($3.47M), Indonesia ($1.87M), Brazil ($1.46M), Mexico ($1.07M), and Vietnam ($1.02M).

In 2022, Malaysia imported $88M in Carboxylic Acids, mainly from China ($41.7M), United Arab Emirates ($10.8M), Singapore ($6.64M), Japan ($3.93M), and South Korea ($3.84M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Carboxylic Acids EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Brazil$975k (203%)
Mexico$617k (136%)
Vietnam$601k (142%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carboxylic Acids BY Malaysia WERE (2021 - 2022):
Egypt-$1.02M (-81.8%)
Indonesia-$960k (-33.9%)
Russia-$310k (-89.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Carboxylic Acids were:
China $5.45B
India $776M
Germany $731M
In 2022, Malaysia's main importing competitors in Carboxylic Acids were:
United States $1.67B
Germany $898M
India $642M

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Trade Value of Carboxylic Acids by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.29M
TOP IMPORT POTENTIALChina+ $12.7M

Carboxylic Acids’s highest export potential is United States. With an export gap of $2.29M.   Carboxylic Acids’s highest import potential is China with an import gap of $12.7M.

See methodology.

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