Granite in Malaysia | The Observatory of Economic Complexity

About

Exports In 2023, Malaysia exported $4.95M in Granite, making it the 30th largest exporter of Granite in the world. At the same year, Granite was the 731st most exported product in Malaysia. The main destination of Granite exports from Malaysia are: Singapore ($2.64M), Bangladesh ($1.96M), China ($140k), Chinese Taipei ($96.3k), and United Arab Emirates ($40.4k).

The fastest growing export markets for Granite of Malaysia between 2022 and 2023 were Singapore ($1.97M), China ($114k), and Chinese Taipei ($96.3k).

Imports In 2023, Malaysia imported $1.73M in Granite, becoming the 56th largest importer of Granite in the world. At the same year, Granite was the 1036th most imported product in Malaysia. Malaysia imports Granite primarily from: India ($805k), China ($630k), Spain ($126k), Greece ($28.6k), and Indonesia ($25.6k).

The fastest growing import markets in Granite for Malaysia between 2022 and 2023 were China ($327k), Spain ($126k), and Vietnam ($12.1k).

Latest Trends

November 2024

About

Overview In November 2024 Malaysia's Granite exports accounted up to MYR562k and imports accounted up to MYR262k, resulting in a positive trade balance of MYR300k. Between November 2023 and November 2024 the exports of Malaysia's Granite have decreased by MYR-1.6M (-74.1%) from MYR2.17M to MYR562k, while imports decreased by MYR-946k (-78.3%) from MYR1.21M to MYR262k.

Destinations In November 2024, Granite were exported mostly to China (MYR304k), Indonesia (MYR164k), United Arab Emirates (MYR93.4k), and Thailand (MYR43), and were imported mostly from India (MYR162k), China (MYR66.9k), Singapore (MYR20.8k), Spain (MYR10.8k), and United Kingdom (MYR1.22k).

Growth In November 2024, the decrease in Granite's year-by-year exports was explained primarily by a decrease in exports to Bangladesh (MYR-764k or -50.9%). In November 2024, the decrease in Granite's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (November 2023 - November 2024)MYR-1.6M(-74.1%)

IMPORT GROWTH (November 2023 - November 2024)MYR-946k(-78.3%)

MAIN DESTINATION (November 2024)ChinaMYR304k

This section shows Granite'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 Granite over time.

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