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2022
Exports $1.63MWorld Rnk 72 / 167
Flag Rnk 894 / 1198
2022
Destination $171k United States
2021 - 2022
FASTEST GROWING MARKET $171kUnited States
2022
PRODUCT COMPLEXITY IN Footwear Parts-0.62Rnk 735 / 1025
2022
Imports $40.9MWorld Rnk 49 / 207
Flag Rnk 555 / 1203
2022
Origin $5.68M China
2021 - 2022
FASTEST GROWING ORIGIN $5.68MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $1.63M in Footwear Parts, making it the 72nd largest exporter of Footwear Parts in the world. At the same year, Footwear Parts was the 894th most exported product in Malaysia. The main destination of Footwear Parts exports from Malaysia are: United States ($501k), Singapore ($293k), Thailand ($91.5k), Japan ($74.1k), and Australia ($69.6k).

The fastest growing export markets for Footwear Parts of Malaysia between 2021 and 2022 were United States ($171k), Italy ($53.2k), and Spain ($51.1k).

Imports In 2022, Malaysia imported $40.9M in Footwear Parts, becoming the 49th largest importer of Footwear Parts in the world. At the same year, Footwear Parts was the 555th most imported product in Malaysia. Malaysia imports Footwear Parts primarily from: China ($32.1M), India ($4.25M), Singapore ($1.1M), Japan ($703k), and Chinese Taipei ($690k).

The fastest growing import markets in Footwear Parts for Malaysia between 2021 and 2022 were China ($5.68M), Chinese Taipei ($530k), and India ($481k).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Footwear Parts exports accounted up to MYR394k and imports accounted up to MYR6.72M, resulting in a negative trade balance of MYR6.32M. Between June 2023 and June 2024 the exports of Malaysia's   Footwear Parts have increased by MYR67.2k (20.6%) from MYR326k to MYR394k, while imports increased by MYR3.01M (81.2%) from MYR3.71M to MYR6.72M.

Destinations In June 2024, Footwear Parts were exported mostly to Australia (MYR88.6k), Philippines (MYR72.7k), Singapore (MYR71.3k), China (MYR45k), and South Korea (MYR24k), and were imported mostly from China (MYR3.82M), India (MYR1.47M), Singapore (MYR344k), Bangladesh (MYR102k), and Slovenia (MYR94k).

Growth In June 2024, the increase in Footwear Parts's year-by-year exports was explained primarily by an increase in exports to United Arab Emirates (MYR3.79k or 50.8%). In June 2024, the increase in Footwear Parts's year-by-year imports was explained primarily by an increase in imports from China (MYR504k or 17.6%), Vietnam (MYR69.2k or 52%), and Singapore (MYR42.5k or 806%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR67.2k(20.6%)
IMPORT GROWTH (June 2023 - June 2024)MYR3.01M(81.2%)
MAIN DESTINATION (June 2024)AustraliaMYR88.6k

This section shows Footwear Parts'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 Parts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.63M
IMPORTS (2022)$40.9M
NET TRADE (2022)-$39.3M

In 2022, Malaysia exported $1.63M in Footwear Parts. The main destinations of Malaysia exports on Footwear Parts were United States ($501k), Singapore ($293k), Thailand ($91.5k), Japan ($74.1k), and Australia ($69.6k).

In 2022, Malaysia imported $40.9M in Footwear Parts, mainly from China ($32.1M), India ($4.25M), Singapore ($1.1M), Japan ($703k), and Chinese Taipei ($690k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Footwear Parts EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
United States$171k (51.7%)
Italy$53.2k (787%)
Spain$51.1k (1.17k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Footwear Parts BY Malaysia WERE (2021 - 2022):
France-$58.1k (-98.7%)
United Kingdom-$53.7k (-70.4%)
Thailand-$47.2k (-34.1%)
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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 Parts were:
China $4.26B
Vietnam $846M
Italy $811M
In 2022, Malaysia's main importing competitors in Footwear Parts were:
Vietnam $1.43B
Italy $1.24B
Germany $554M

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Trade Value of Footwear Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $280k
TOP IMPORT POTENTIALChina+ $5.73M

Footwear Parts’s highest export potential is United States. With an export gap of $280k.   Footwear Parts’s highest import potential is China with an import gap of $5.73M.

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