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2022
Exports $12.7MWorld Rnk 23 / 197
Flag Rnk 598 / 1198
2022
Destination $1.48M Japan
2021 - 2022
FASTEST GROWING MARKET $1.48MIndia
2022
PRODUCT COMPLEXITY IN Drafting Tools1.71Rnk 23 / 1025
2022
Imports $28.9MWorld Rnk 29 / 220
Flag Rnk 628 / 1203
2022
Origin $6.15M China
2021 - 2022
FASTEST GROWING ORIGIN $6.15MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $12.7M in Drafting Tools, making it the 23rd largest exporter of Drafting Tools in the world. At the same year, Drafting Tools was the 598th most exported product in Malaysia. The main destination of Drafting Tools exports from Malaysia are: Japan ($4.44M), India ($1.85M), China ($1.29M), Singapore ($895k), and Thailand ($494k).

The fastest growing export markets for Drafting Tools of Malaysia between 2021 and 2022 were India ($1.48M), China ($1.11M), and Japan ($444k).

Imports In 2022, Malaysia imported $28.9M in Drafting Tools, becoming the 29th largest importer of Drafting Tools in the world. At the same year, Drafting Tools was the 628th most imported product in Malaysia. Malaysia imports Drafting Tools primarily from: China ($17.7M), Singapore ($3.39M), United States ($2.44M), Japan ($1.12M), and Chinese Taipei ($1.05M).

The fastest growing import markets in Drafting Tools for Malaysia between 2021 and 2022 were China ($6.15M), Chinese Taipei ($724k), and United States ($551k).

Latest Trends

October 2024

About

Overview In October 2024 Malaysia's Drafting Tools exports accounted up to MYR3.52M and imports accounted up to MYR10.9M, resulting in a negative trade balance of MYR7.35M. Between October 2023 and October 2024 the exports of Malaysia's   Drafting Tools have decreased by MYR-1.39M (-28.3%) from MYR4.91M to MYR3.52M, while imports increased by MYR3.58M (49.2%) from MYR7.29M to MYR10.9M.

Destinations In October 2024, Drafting Tools were exported mostly to Japan (MYR1.49M), Thailand (MYR504k), India (MYR397k), Singapore (MYR357k), and Netherlands (MYR274k), and were imported mostly from Singapore (MYR6.1M), China (MYR1.58M), United States (MYR1.11M), Japan (MYR691k), and Chinese Taipei (MYR356k).

Growth In October 2024, the decrease in Drafting Tools's year-by-year exports was explained primarily by a decrease in exports to India (MYR-922k or -74.3%), Thailand (MYR-436k or -92.2%), and Indonesia (MYR-192k or -95.6%). In October 2024, the increase in Drafting Tools's year-by-year imports was explained primarily by an increase in imports from China (MYR965k or 45.5%), United States (MYR671k or 150%), and Singapore (MYR502k or 82.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)MYR-1.39M(-28.3%)
IMPORT GROWTH (October 2023 - October 2024)MYR3.58M(49.2%)
MAIN DESTINATION (October 2024)JapanMYR1.49M

This section shows Drafting Tools'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 Drafting Tools over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$12.7M
IMPORTS (2022)$28.9M
NET TRADE (2022)-$16.2M

In 2022, Malaysia exported $12.7M in Drafting Tools. The main destinations of Malaysia exports on Drafting Tools were Japan ($4.44M), India ($1.85M), China ($1.29M), Singapore ($895k), and Thailand ($494k).

In 2022, Malaysia imported $28.9M in Drafting Tools, mainly from China ($17.7M), Singapore ($3.39M), United States ($2.44M), Japan ($1.12M), and Chinese Taipei ($1.05M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Drafting Tools EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
India$1.48M (395%)
China$1.11M (602%)
Japan$444k (11.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Drafting Tools BY Malaysia WERE (2021 - 2022):
Thailand-$190k (-27.8%)
Vietnam-$174k (-69.7%)
Hong Kong-$104k (-26.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Drafting Tools were:
China $1.11B
United States $260M
Germany $221M
In 2022, Malaysia's main importing competitors in Drafting Tools were:
United States $382M
Germany $193M
Canada $100M

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Trade Value of Drafting Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $815k
TOP IMPORT POTENTIALChina+ $2.21M

Drafting Tools’s highest export potential is China. With an export gap of $815k.   Drafting Tools’s highest import potential is China with an import gap of $2.21M.

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