2022
Exports
$122MWorld Rnk 15 / 120
Flag Rnk 255 / 1198
2022
PRODUCT COMPLEXITY IN Flat-Rolled Stainless Steel
1.55Rnk 41 / 1025
2022
Imports
$70.3MWorld Rnk 28 / 198
Flag Rnk 441 / 1203
2022
ECONOMIC COMPLEXITY of Malaysia
1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $122M in Flat-Rolled Stainless Steel, making it the 15th largest exporter of Flat-Rolled Stainless Steel in the world. At the same year, Flat-Rolled Stainless Steel was the 255th most exported product in Malaysia. The main destination of Flat-Rolled Stainless Steel exports from Malaysia are: India ($46.4M), United States ($16.4M), China ($13.6M), Chinese Taipei ($8.34M), and Thailand ($6.57M).

The fastest growing export markets for Flat-Rolled Stainless Steel of Malaysia between 2021 and 2022 were United States ($3.71M), China ($3.2M), and Chinese Taipei ($2.44M).

Imports In 2022, Malaysia imported $70.3M in Flat-Rolled Stainless Steel, becoming the 28th largest importer of Flat-Rolled Stainless Steel in the world. At the same year, Flat-Rolled Stainless Steel was the 441st most imported product in Malaysia. Malaysia imports Flat-Rolled Stainless Steel primarily from: China ($24.1M), Japan ($11.5M), Sweden ($9.35M), Singapore ($7.44M), and South Korea ($5.41M).

The fastest growing import markets in Flat-Rolled Stainless Steel for Malaysia between 2021 and 2022 were Sweden ($8.52M), United States ($1.59M), and Singapore ($1.33M).

Historical Data

Trade Balance

Color
EXPORTS (2022)$122M
IMPORTS (2022)$70.3M
NET TRADE (2022)$52M

In 2022, Malaysia exported $122M in Flat-Rolled Stainless Steel. The main destinations of Malaysia exports on Flat-Rolled Stainless Steel were India ($46.4M), United States ($16.4M), China ($13.6M), Chinese Taipei ($8.34M), and Thailand ($6.57M).

In 2022, Malaysia imported $70.3M in Flat-Rolled Stainless Steel, mainly from China ($24.1M), Japan ($11.5M), Sweden ($9.35M), Singapore ($7.44M), and South Korea ($5.41M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Flat-Rolled Stainless Steel EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
United States$3.71M (29.2%)
China$3.2M (30.8%)
Chinese Taipei$2.44M (41.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Flat-Rolled Stainless Steel BY Malaysia WERE (2021 - 2022):
India-$10.5M (-18.5%)
Singapore-$1.7M (-21.1%)
Belgium-$1.39M (-36.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Flat-Rolled Stainless Steel were:
In 2022, Malaysia's main importing competitors in Flat-Rolled Stainless Steel were:

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Trade Value of Flat-Rolled Stainless Steel by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.28M
TOP IMPORT POTENTIALChina+ $1.39M

Flat-Rolled Stainless Steel’s highest export potential is China. With an export gap of $3.28M.   Flat-Rolled Stainless Steel’s highest import potential is China with an import gap of $1.39M.

See methodology.

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