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2022
Exports $55MWorld Rnk 14 / 165
Flag Rnk 79 / 96
2022
Destination $9.8M China
2021 - 2022
FASTEST GROWING MARKET $9.8MChina
2022
PRODUCT COMPLEXITY IN Furskins, articifial fur, & articles-0.18Rnk 610 / 1025
2022
Imports $30.9MWorld Rnk 21 / 191
Flag Rnk 88 / 96
2022
Origin $3.3M Denmark
2021 - 2022
FASTEST GROWING ORIGIN $3.3MFinland
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $55M in Furskins, articifial fur, & articles, making it the 14th largest exporter of Furskins, articifial fur, & articles in the world. At the same year, Furskins, articifial fur, & articles was the 79th most exported product in Malaysia. The main destination of Furskins, articifial fur, & articles exports from Malaysia are: China ($52.6M), Hong Kong ($848k), Germany ($571k), United States ($510k), and Singapore ($130k).

The fastest growing export markets for Furskins, articifial fur, & articles of Malaysia between 2021 and 2022 were China ($9.8M), United States ($470k), and Germany ($213k).

Imports In 2022, Malaysia imported $30.9M in Furskins, articifial fur, & articles, becoming the 21st largest importer of Furskins, articifial fur, & articles in the world. At the same year, Furskins, articifial fur, & articles was the 88th most imported product in Malaysia. Malaysia imports Furskins, articifial fur, & articles primarily from: Denmark ($12.3M), Finland ($10.8M), Hong Kong ($3.45M), China ($2.24M), and United States ($642k).

The fastest growing import markets in Furskins, articifial fur, & articles for Malaysia between 2021 and 2022 were Finland ($3.3M), Hong Kong ($3.02M), and China ($380k).

COMPANIES In 2023, leading companies such as Lawrence Wholesale (6) and Motorola (4) were at the forefront of shipping Furskins, articifial fur, & articles from Malaysia to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Furskins, articifial fur, & articles exports accounted up to MYR651k and imports accounted up to MYR605k, resulting in a positive trade balance of MYR46.6k. Between June 2023 and June 2024 the exports of Malaysia's   Furskins, articifial fur, & articles have decreased by MYR-888k (-57.7%) from MYR1.54M to MYR651k, while imports decreased by MYR-1.99M (-76.7%) from MYR2.59M to MYR605k.

Destinations In June 2024, Furskins, articifial fur, & articles were exported mostly to Germany (MYR214k), Hong Kong (MYR143k), Thailand (MYR135k), United Arab Emirates (MYR45.4k), and Brunei (MYR37.1k), and were imported mostly from China (MYR404k), Hong Kong (MYR60.6k), Italy (MYR59.3k), Thailand (MYR34.3k), and Singapore (MYR18.8k).

Growth In June 2024, the decrease in Furskins, articifial fur, & articles's year-by-year exports was explained primarily by a decrease in exports to United States (MYR-158k or -99.1%) and Australia (MYR-17.1k or -20.5%). In June 2024, the decrease in Furskins, articifial fur, & articles's year-by-year imports was explained primarily by a decrease in imports from China (MYR-105k or -43.4%), Italy (MYR-7.98k or -5.59%), and Japan (MYR-5.91k or -80.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR-888k(-57.7%)
IMPORT GROWTH (June 2023 - June 2024)MYR-1.99M(-76.7%)
MAIN DESTINATION (June 2024)GermanyMYR214k

This section shows Furskins, articifial fur, & articles'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 Furskins, articifial fur, & articles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$55M
IMPORTS (2022)$30.9M
NET TRADE (2022)$24M

In 2022, Malaysia exported $55M in Furskins, articifial fur, & articles. The main destinations of Malaysia exports on Furskins, articifial fur, & articles were China ($52.6M), Hong Kong ($848k), Germany ($571k), United States ($510k), and Singapore ($130k).

In 2022, Malaysia imported $30.9M in Furskins, articifial fur, & articles, mainly from Denmark ($12.3M), Finland ($10.8M), Hong Kong ($3.45M), China ($2.24M), and United States ($642k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Furskins, articifial fur, & articles EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
China$9.8M (22.9%)
United States$470k (1.16k%)
Germany$213k (59.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Furskins, articifial fur, & articles BY Malaysia WERE (2021 - 2022):
Hong Kong-$2.09M (-71.1%)
Turkey-$584k (-100%)
Australia-$144k (-65.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Furskins, articifial fur, & articles were:
China $1.47B
Italy $361M
Finland $255M
In 2022, Malaysia's main importing competitors in Furskins, articifial fur, & articles were:
Russia $827M
China $450M
South Korea $279M

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Trade Value of Furskins, articifial fur, & articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $191k
TOP IMPORT POTENTIALChina+ $981k

Furskins, articifial fur, & articles’s highest export potential is Italy. With an export gap of $191k.   Furskins, articifial fur, & articles’s highest import potential is China with an import gap of $981k.

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