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2022
Exports $255MWorld Rnk 45 / 225
Flag Rnk 18 / 21
2022
Destination $28.9M Singapore
2021 - 2022
FASTEST GROWING MARKET $28.9MSingapore
2022
PRODUCT COMPLEXITY IN Footwear and Headwear0.5Rnk 367 / 1025
2022
Imports $1.92BWorld Rnk 23 / 225
Flag Rnk 17 / 21
2022
Origin $690M China
2021 - 2022
FASTEST GROWING ORIGIN $690MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $255M in Footwear and Headwear, making it the 45th largest exporter of Footwear and Headwear in the world. At the same year, Footwear and Headwear was the 18th most exported product in Malaysia. The main destination of Footwear and Headwear exports from Malaysia are: Singapore ($101M), Philippines ($20.6M), United States ($20.2M), Indonesia ($11.6M), and China ($8.22M).

The fastest growing export markets for Footwear and Headwear of Malaysia between 2021 and 2022 were Singapore ($28.9M), United States ($8.88M), and Indonesia ($2.52M).

Imports In 2022, Malaysia imported $1.92B in Footwear and Headwear, becoming the 23rd largest importer of Footwear and Headwear in the world. At the same year, Footwear and Headwear was the 17th most imported product in Malaysia. Malaysia imports Footwear and Headwear primarily from: China ($1.57B), Vietnam ($95.3M), Singapore ($79.9M), Indonesia ($56.5M), and India ($16.1M).

The fastest growing import markets in Footwear and Headwear for Malaysia between 2021 and 2022 were China ($690M), Vietnam ($46.9M), and Singapore ($27.2M).

COMPANIES In 2023, leading companies such as Kontoor Brands (4) and H&M Clothing (1) were at the forefront of shipping Footwear and Headwear from Malaysia to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Footwear and Headwear exports accounted up to MYR116M and imports accounted up to MYR302M, resulting in a negative trade balance of MYR186M. Between June 2023 and June 2024 the exports of Malaysia's   Footwear and Headwear have increased by MYR15.3M (15.1%) from MYR101M to MYR116M, while imports increased by MYR18.2M (6.4%) from MYR284M to MYR302M.

Destinations In June 2024, Footwear and Headwear were exported mostly to Singapore (MYR52M), United States (MYR13.1M), Hong Kong (MYR11.2M), Philippines (MYR6.47M), and Indonesia (MYR5.64M), and were imported mostly from China (MYR110M), Vietnam (MYR85.4M), Indonesia (MYR32.8M), Singapore (MYR22.4M), and Italy (MYR13.7M).

Growth In June 2024, the increase in Footwear and Headwear's year-by-year exports was explained primarily by an increase in exports to United States (MYR7.81M or 77.7%), Singapore (MYR3.6M or 9.67%), and Vietnam (MYR3.22M or 520%). In June 2024, the increase in Footwear and Headwear's year-by-year imports was explained primarily by an increase in imports from China (MYR33.2M or 30.6%), Vietnam (MYR26.9M or 60.4%), and Indonesia (MYR15.4M or 75.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR15.3M(15.1%)
IMPORT GROWTH (June 2023 - June 2024)MYR18.2M(6.4%)
MAIN DESTINATION (June 2024)SingaporeMYR52M

This section shows Footwear and Headwear'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 Footwear and Headwear over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$255M
IMPORTS (2022)$1.92B
NET TRADE (2022)-$1.66B

In 2022, Malaysia exported $255M in Footwear and Headwear. The main destinations of Malaysia exports on Footwear and Headwear were Singapore ($101M), Philippines ($20.6M), United States ($20.2M), Indonesia ($11.6M), and China ($8.22M).

In 2022, Malaysia imported $1.92B in Footwear and Headwear, mainly from China ($1.57B), Vietnam ($95.3M), Singapore ($79.9M), Indonesia ($56.5M), and India ($16.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Footwear and Headwear EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Singapore$28.9M (40.1%)
United States$8.88M (78.2%)
Indonesia$2.52M (27.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Footwear and Headwear BY Malaysia WERE (2021 - 2022):
Hong Kong-$67.7M (-90.8%)
China-$5.91M (-41.8%)
United Arab Emirates-$4.39M (-48.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Footwear and Headwear were:
China $83.6B
Vietnam $28.2B
Italy $13.9B
In 2022, Malaysia's main importing competitors in Footwear and Headwear were:
United States $43B
Germany $17.1B
France $10.2B

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Trade Value of Footwear and Headwear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $16.1M
TOP IMPORT POTENTIALChina+ $108M

Footwear and Headwear’s highest export potential is United States. With an export gap of $16.1M.   Footwear and Headwear’s highest import potential is China with an import gap of $108M.

See methodology.

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