2022
Exports
$1.43BWorld Rnk 11 / 129
Flag Rnk 39 / 1198
2022
PRODUCT COMPLEXITY IN Ferroalloys
-1.24Rnk 892 / 1025
2022
Imports
$165MWorld Rnk 34 / 172
Flag Rnk 268 / 1203
2022
ECONOMIC COMPLEXITY of Malaysia
1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $1.43B in Ferroalloys, making it the 11th largest exporter of Ferroalloys in the world. At the same year, Ferroalloys was the 39th most exported product in Malaysia. The main destination of Ferroalloys exports from Malaysia are: Japan ($384M), United States ($311M), South Korea ($165M), Netherlands ($117M), and Chinese Taipei ($111M).

The fastest growing export markets for Ferroalloys of Malaysia between 2021 and 2022 were Japan ($211M), United States ($159M), and Netherlands ($65.1M).

Imports In 2022, Malaysia imported $165M in Ferroalloys, becoming the 34th largest importer of Ferroalloys in the world. At the same year, Ferroalloys was the 268th most imported product in Malaysia. Malaysia imports Ferroalloys primarily from: India ($75.2M), China ($51.4M), United States ($13.9M), Netherlands ($3.95M), and Hong Kong ($3.4M).

The fastest growing import markets in Ferroalloys for Malaysia between 2021 and 2022 were India ($21.2M), China ($5.51M), and Netherlands ($3.48M).

COMPANIES In 2023, leading companies such as Kontoor Brands (2) were at the forefront of shipping Ferroalloys from Malaysia to the United States.

Latest Trends

September 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)MYR111M(38.1%)
IMPORT GROWTH (September 2023 - September 2024)MYR25.4M(73.6%)
MAIN DESTINATION (September 2024)JapanMYR85.8M

This section shows Ferroalloys'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 Ferroalloys over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.43B
IMPORTS (2022)$165M
NET TRADE (2022)$1.27B

In 2022, Malaysia exported $1.43B in Ferroalloys. The main destinations of Malaysia exports on Ferroalloys were Japan ($384M), United States ($311M), South Korea ($165M), Netherlands ($117M), and Chinese Taipei ($111M).

In 2022, Malaysia imported $165M in Ferroalloys, mainly from India ($75.2M), China ($51.4M), United States ($13.9M), Netherlands ($3.95M), and Hong Kong ($3.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ferroalloys EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Japan$211M (122%)
United States$159M (104%)
Netherlands$65.1M (126%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ferroalloys BY Malaysia WERE (2021 - 2022):
China-$60.2M (-62.7%)
Vietnam-$16.5M (-22.5%)
Turkey-$4.55M (-16.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Ferroalloys were:
In 2022, Malaysia's main importing competitors in Ferroalloys were:

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Trade Value of Ferroalloys by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $68.3M
TOP IMPORT POTENTIALIndia+ $10.6M

Ferroalloys’s highest export potential is China. With an export gap of $68.3M.   Ferroalloys’s highest import potential is India with an import gap of $10.6M.

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