Sign In
Pricing

2022
Exports $49.6MWorld Rnk 39 / 177
Flag Rnk 373 / 1198
2022
Destination $5.05M Singapore
2021 - 2022
FASTEST GROWING MARKET $5.05MSingapore
2022
PRODUCT COMPLEXITY IN Iron Blocks-0.42Rnk 679 / 1025
2022
Imports $534MWorld Rnk 10 / 219
Flag Rnk 98 / 1203
2022
Origin $174M China
2021 - 2022
FASTEST GROWING ORIGIN $174MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $49.6M in Iron Blocks, making it the 39th largest exporter of Iron Blocks in the world. At the same year, Iron Blocks was the 373rd most exported product in Malaysia. The main destination of Iron Blocks exports from Malaysia are: Singapore ($42.4M), Indonesia ($2.96M), Thailand ($1.37M), India ($493k), and Bangladesh ($402k).

The fastest growing export markets for Iron Blocks of Malaysia between 2021 and 2022 were Singapore ($5.05M), Indonesia ($594k), and India ($294k).

Imports In 2022, Malaysia imported $534M in Iron Blocks, becoming the 10th largest importer of Iron Blocks in the world. At the same year, Iron Blocks was the 98th most imported product in Malaysia. Malaysia imports Iron Blocks primarily from: China ($238M), Thailand ($162M), South Korea ($40.7M), Turkey ($26.8M), and Singapore ($16.2M).

The fastest growing import markets in Iron Blocks for Malaysia between 2021 and 2022 were China ($174M), Thailand ($72.6M), and South Korea ($6.41M).

Latest Trends

October 2024

About

Overview In October 2024 Malaysia's Iron Blocks exports accounted up to MYR25.4M and imports accounted up to MYR250M, resulting in a negative trade balance of MYR224M. Between October 2023 and October 2024 the exports of Malaysia's   Iron Blocks have decreased by MYR-4.6M (-15.3%) from MYR30M to MYR25.4M, while imports increased by MYR63.3M (33.9%) from MYR187M to MYR250M.

Destinations In October 2024, Iron Blocks were exported mostly to Singapore (MYR23.6M), Indonesia (MYR1.5M), Thailand (MYR165k), Burma (MYR73.3k), and Saudi Arabia (MYR60.6k), and were imported mostly from China (MYR171M), Thailand (MYR43.3M), South Korea (MYR15.8M), Japan (MYR7.02M), and Belgium (MYR4.04M).

Growth In October 2024, the decrease in Iron Blocks's year-by-year exports was explained primarily by a decrease in exports to Singapore (MYR-5.68M or -26.5%), Thailand (MYR-5.24M or -98.9%), and Indonesia (MYR-267k or -30%). In October 2024, the increase in Iron Blocks's year-by-year imports was explained primarily by an increase in imports from China (MYR19.2M or 38.5%), Japan (MYR4M or 140%), and Luxembourg (MYR1.54M or 133%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)MYR-4.6M(-15.3%)
IMPORT GROWTH (October 2023 - October 2024)MYR63.3M(33.9%)
MAIN DESTINATION (October 2024)SingaporeMYR23.6M

This section shows Iron Blocks'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 Iron Blocks over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$49.6M
IMPORTS (2022)$534M
NET TRADE (2022)-$484M

In 2022, Malaysia exported $49.6M in Iron Blocks. The main destinations of Malaysia exports on Iron Blocks were Singapore ($42.4M), Indonesia ($2.96M), Thailand ($1.37M), India ($493k), and Bangladesh ($402k).

In 2022, Malaysia imported $534M in Iron Blocks, mainly from China ($238M), Thailand ($162M), South Korea ($40.7M), Turkey ($26.8M), and Singapore ($16.2M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Blocks EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Singapore$5.05M (13.6%)
Indonesia$594k (25.1%)
India$294k (147%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Blocks BY Malaysia WERE (2021 - 2022):
South Korea-$5.26M (-100%)
China-$3.16M (-98.9%)
Japan-$750k (-100%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Iron Blocks were:
China $2.83B
Spain $2.24B
Germany $2.07B
In 2022, Malaysia's main importing competitors in Iron Blocks were:
Germany $1.51B
United States $1.37B
France $1.18B

Explore Visualizations

Trade Value of Iron Blocks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $3.02M
TOP IMPORT POTENTIALTurkey+ $6.99M

Iron Blocks’s highest export potential is Indonesia. With an export gap of $3.02M.   Iron Blocks’s highest import potential is Turkey with an import gap of $6.99M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms