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2023
Exports $7.31MWorld Rnk 50 / 186
Flag Rnk 676 / 1208
2023
Destination $1.17M Japan
2022 - 2023
FASTEST GROWING MARKET $1.17MUnited States
2023
PRODUCT COMPLEXITY IN Knit Women's Shirts-1.45Rnk 939 / 1025
2023
Imports $17.1MWorld Rnk 42 / 218
Flag Rnk 714 / 1211
2023
Origin $450k China
2022 - 2023
FASTEST GROWING ORIGIN $450kSingapore
2023
ECONOMIC COMPLEXITY of Malaysia1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $7.31M in Knit Women's Shirts, making it the 50th largest exporter of Knit Women's Shirts in the world. At the same year, Knit Women's Shirts was the 676th most exported product in Malaysia. The main destination of Knit Women's Shirts exports from Malaysia are: Japan ($2.65M), United States ($1.53M), Singapore ($1.04M), Canada ($359k), and Brunei ($271k).

The fastest growing export markets for Knit Women's Shirts of Malaysia between 2022 and 2023 were United States ($1.17M), Singapore ($634k), and Indonesia ($126k).

Imports In 2023, Malaysia imported $17.1M in Knit Women's Shirts, becoming the 42nd largest importer of Knit Women's Shirts in the world. At the same year, Knit Women's Shirts was the 714th most imported product in Malaysia. Malaysia imports Knit Women's Shirts primarily from: China ($7.62M), India ($1.99M), Bangladesh ($1.52M), Indonesia ($1.37M), and Vietnam ($824k).

The fastest growing import markets in Knit Women's Shirts for Malaysia between 2022 and 2023 were Singapore ($450k), India ($300k), and Vietnam ($244k).

Latest Trends

November 2024

About

Overview In November 2024 Malaysia's Knit Women's Shirts exports accounted up to MYR4.89M and imports accounted up to MYR14.2M, resulting in a negative trade balance of MYR9.33M. Between November 2023 and November 2024 the exports of Malaysia's   Knit Women's Shirts have decreased by MYR-3.28M (-40.2%) from MYR8.17M to MYR4.89M, while imports increased by MYR2.75M (24%) from MYR11.5M to MYR14.2M.

Destinations In November 2024, Knit Women's Shirts were exported mostly to United States (MYR1.82M), Netherlands (MYR938k), Canada (MYR563k), Indonesia (MYR419k), and Singapore (MYR367k), and were imported mostly from China (MYR9.95M), India (MYR928k), Bangladesh (MYR563k), Indonesia (MYR469k), and France (MYR452k).

Growth In November 2024, the decrease in Knit Women's Shirts's year-by-year exports was explained primarily by a decrease in exports to Germany (MYR-635k or -77.2%), Japan (MYR-429k or -97.9%), and France (MYR-218k or -99.5%). In November 2024, the increase in Knit Women's Shirts's year-by-year imports was explained primarily by an increase in imports from Vietnam (MYR848k or 890%), Indonesia (MYR454k or 200%), and India (MYR237k or 28.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)MYR-3.28M(-40.2%)
IMPORT GROWTH (November 2023 - November 2024)MYR2.75M(24%)
MAIN DESTINATION (November 2024)United StatesMYR1.82M

This section shows Knit Women's Shirts'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 Knit Women's Shirts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$7.31M
IMPORTS (2023)$17.1M
NET TRADE (2023)-$9.82M

In 2023, Malaysia exported $7.31M in Knit Women's Shirts. The main destinations of Malaysia exports on Knit Women's Shirts were Japan ($2.65M), United States ($1.53M), Singapore ($1.04M), Canada ($359k), and Brunei ($271k).

In 2023, Malaysia imported $17.1M in Knit Women's Shirts, mainly from China ($7.62M), India ($1.99M), Bangladesh ($1.52M), Indonesia ($1.37M), and Vietnam ($824k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Knit Women's Shirts EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
United States$1.17M (320%)
Singapore$634k (157%)
Indonesia$126k (456%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Women's Shirts BY Malaysia WERE (2022 - 2023):
India-$652k (-91.8%)
Saudi Arabia-$366k (-93.2%)
Germany-$246k (-57.5%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Knit Women's Shirts were:
China $1.14B
Vietnam $532M
Bangladesh $413M
In 2023, Malaysia's main importing competitors in Knit Women's Shirts were:
United States $1.35B
Japan $417M
Germany $315M

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Trade Value of Knit Women's Shirts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $487k
TOP IMPORT POTENTIALBangladesh+ $1.83M

Knit Women's Shirts’s highest export potential is United States. With an export gap of $487k.   Knit Women's Shirts’s highest import potential is Bangladesh with an import gap of $1.83M.

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