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2023
Exports $9.16MWorld Rnk 54 / 187
Flag Rnk 632 / 1208
2023
Destination $598k United States
2022 - 2023
FASTEST GROWING MARKET $598kAustralia
2023
PRODUCT COMPLEXITY IN Knit Women's Undergarments-1.39Rnk 924 / 1025
2023
Imports $66MWorld Rnk 34 / 215
Flag Rnk 421 / 1211
2023
Origin $12.7M China
2022 - 2023
FASTEST GROWING ORIGIN $12.7MChina
2023
ECONOMIC COMPLEXITY of Malaysia1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $9.16M in Knit Women's Undergarments, making it the 54th largest exporter of Knit Women's Undergarments in the world. At the same year, Knit Women's Undergarments was the 632nd most exported product in Malaysia. The main destination of Knit Women's Undergarments exports from Malaysia are: United States ($2.57M), France ($1.15M), Australia ($923k), Hong Kong ($848k), and Philippines ($769k).

The fastest growing export markets for Knit Women's Undergarments of Malaysia between 2022 and 2023 were Australia ($598k), Philippines ($486k), and Thailand ($269k).

Imports In 2023, Malaysia imported $66M in Knit Women's Undergarments, becoming the 34th largest importer of Knit Women's Undergarments in the world. At the same year, Knit Women's Undergarments was the 421st most imported product in Malaysia. Malaysia imports Knit Women's Undergarments primarily from: China ($47.6M), Bangladesh ($6.79M), Vietnam ($2.15M), Indonesia ($2.03M), and Singapore ($1.5M).

The fastest growing import markets in Knit Women's Undergarments for Malaysia between 2022 and 2023 were China ($12.7M), Singapore ($1.08M), and Indonesia ($1.05M).

COMPANIES In 2023, leading companies such as Kontoor Brands (2) and H&M Clothing (1) were at the forefront of shipping Knit Women's Undergarments from Malaysia to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Malaysia's Knit Women's Undergarments exports accounted up to MYR2.17M and imports accounted up to MYR14.6M, resulting in a negative trade balance of MYR12.4M. Between November 2023 and November 2024 the exports of Malaysia's   Knit Women's Undergarments have increased by MYR58.7k (2.78%) from MYR2.11M to MYR2.17M, while imports decreased by MYR-3.71M (-20.2%) from MYR18.3M to MYR14.6M.

Destinations In November 2024, Knit Women's Undergarments were exported mostly to Singapore (MYR815k), United Arab Emirates (MYR307k), United States (MYR274k), Australia (MYR178k), and India (MYR176k), and were imported mostly from China (MYR8.12M), Bangladesh (MYR1.28M), Vietnam (MYR1.17M), Thailand (MYR1.08M), and Indonesia (MYR904k).

Growth In November 2024, the increase in Knit Women's Undergarments's year-by-year exports was explained primarily by an increase in exports to United Arab Emirates (MYR2.92M or 558%), Singapore (MYR307k or 42.6%), and Australia (MYR162k or 147%). In November 2024, the decrease in Knit Women's Undergarments's year-by-year imports was explained primarily by a decrease in imports from Bangladesh (MYR-3.32M or -54.2%), China (MYR-2.55M or -38.1%), and Sri Lanka (MYR-498k or -45.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)MYR58.7k(2.78%)
IMPORT GROWTH (November 2023 - November 2024)MYR-3.71M(-20.2%)
MAIN DESTINATION (November 2024)SingaporeMYR815k

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

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Historical Data

Trade Balance

Color
EXPORTS (2023)$9.16M
IMPORTS (2023)$66M
NET TRADE (2023)-$56.8M

In 2023, Malaysia exported $9.16M in Knit Women's Undergarments. The main destinations of Malaysia exports on Knit Women's Undergarments were United States ($2.57M), France ($1.15M), Australia ($923k), Hong Kong ($848k), and Philippines ($769k).

In 2023, Malaysia imported $66M in Knit Women's Undergarments, mainly from China ($47.6M), Bangladesh ($6.79M), Vietnam ($2.15M), Indonesia ($2.03M), and Singapore ($1.5M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Knit Women's Undergarments EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
Australia$598k (184%)
Philippines$486k (172%)
Thailand$269k (1.14k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Women's Undergarments BY Malaysia WERE (2022 - 2023):
United States-$8.06M (-75.8%)
United Arab Emirates-$2.29M (-82%)
India-$1.21M (-88.1%)
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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 Undergarments were:
China $5.1B
Bangladesh $1.36B
Vietnam $904M
In 2023, Malaysia's main importing competitors in Knit Women's Undergarments were:
United States $3.09B
Germany $830M
United Kingdom $615M

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Trade Value of Knit Women's Undergarments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.39M
TOP IMPORT POTENTIALBangladesh+ $9.91M

Knit Women's Undergarments’s highest export potential is United States. With an export gap of $4.39M.   Knit Women's Undergarments’s highest import potential is Bangladesh with an import gap of $9.91M.

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