2023
Exports
$975kWorld Rnk 31 / 168
Flag Rnk 958 / 1208
2023
PRODUCT COMPLEXITY IN Knotted Carpets
-1.01Rnk 829 / 1025
2023
Imports
$10.2MWorld Rnk 15 / 210
Flag Rnk 807 / 1211
2023
ECONOMIC COMPLEXITY of Malaysia
1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $975k in Knotted Carpets, making it the 31st largest exporter of Knotted Carpets in the world. At the same year, Knotted Carpets was the 958th most exported product in Malaysia. The main destination of Knotted Carpets exports from Malaysia are: Australia ($326k), Indonesia ($311k), Singapore ($114k), Philippines ($46.7k), and Japan ($31.8k).

The fastest growing export markets for Knotted Carpets of Malaysia between 2022 and 2023 were Australia ($317k), Indonesia ($56.3k), and Singapore ($53.1k).

Imports In 2023, Malaysia imported $10.2M in Knotted Carpets, becoming the 15th largest importer of Knotted Carpets in the world. At the same year, Knotted Carpets was the 807th most imported product in Malaysia. Malaysia imports Knotted Carpets primarily from: China ($8.29M), Iran ($406k), India ($323k), Bangladesh ($260k), and Egypt ($231k).

The fastest growing import markets in Knotted Carpets for Malaysia between 2022 and 2023 were Bangladesh ($260k), Pakistan ($96.6k), and Indonesia ($71.1k).

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)MYR-1.23M(-94.7%)
IMPORT GROWTH (November 2023 - November 2024)MYR-444k(-20.2%)
MAIN DESTINATION (November 2024)SingaporeMYR37.4k

This section shows Knotted Carpets'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 Knotted Carpets over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$975k
IMPORTS (2023)$10.2M
NET TRADE (2023)-$9.22M

In 2023, Malaysia exported $975k in Knotted Carpets. The main destinations of Malaysia exports on Knotted Carpets were Australia ($326k), Indonesia ($311k), Singapore ($114k), Philippines ($46.7k), and Japan ($31.8k).

In 2023, Malaysia imported $10.2M in Knotted Carpets, mainly from China ($8.29M), Iran ($406k), India ($323k), Bangladesh ($260k), and Egypt ($231k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Knotted Carpets EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
Australia$317k (3.56k%)
Indonesia$56.3k (22.1%)
Singapore$53.1k (86.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knotted Carpets BY Malaysia WERE (2022 - 2023):
United Arab Emirates-$5.38M (-99.9%)
Brunei-$27.1k (-51.8%)
Thailand-$26k (-92.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Knotted Carpets were:
In 2023, Malaysia's main importing competitors in Knotted Carpets were:

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Trade Value of Knotted Carpets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSingapore+ $83k
TOP IMPORT POTENTIALIndia+ $1.29M

Knotted Carpets’s highest export potential is Singapore. With an export gap of $83k.   Knotted Carpets’s highest import potential is India with an import gap of $1.29M.

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