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2023
Exports $7.35MWorld Rnk 26 / 158
Flag Rnk 673 / 1208
2023
Destination $1.63M Germany
2022 - 2023
FASTEST GROWING MARKET $1.63MGermany
2023
PRODUCT COMPLEXITY IN Laboratory Glassware0.71Rnk 281 / 1025
2023
Imports $15MWorld Rnk 26 / 212
Flag Rnk 733 / 1211
2023
Origin $5.22M China
2022 - 2023
FASTEST GROWING ORIGIN $5.22MChina
2023
ECONOMIC COMPLEXITY of Malaysia1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $7.35M in Laboratory Glassware, making it the 26th largest exporter of Laboratory Glassware in the world. At the same year, Laboratory Glassware was the 673rd most exported product in Malaysia. The main destination of Laboratory Glassware exports from Malaysia are: Germany ($1.86M), China ($1.52M), Singapore ($650k), United Arab Emirates ($385k), and United States ($358k).

The fastest growing export markets for Laboratory Glassware of Malaysia between 2022 and 2023 were Germany ($1.63M), Singapore ($268k), and United States ($237k).

Imports In 2023, Malaysia imported $15M in Laboratory Glassware, becoming the 26th largest importer of Laboratory Glassware in the world. At the same year, Laboratory Glassware was the 733rd most imported product in Malaysia. Malaysia imports Laboratory Glassware primarily from: China ($6.33M), United States ($3.97M), Germany ($1.5M), Japan ($745k), and Singapore ($486k).

The fastest growing import markets in Laboratory Glassware for Malaysia between 2022 and 2023 were China ($5.22M), United States ($1.56M), and Japan ($384k).

Latest Trends

November 2024

About

Overview In November 2024 Malaysia's Laboratory Glassware exports accounted up to MYR1.5M and imports accounted up to MYR4.04M, resulting in a negative trade balance of MYR2.54M. Between November 2023 and November 2024 the exports of Malaysia's   Laboratory Glassware have increased by MYR765k (105%) from MYR732k to MYR1.5M, while imports decreased by MYR-9.53M (-70.2%) from MYR13.6M to MYR4.04M.

Destinations In November 2024, Laboratory Glassware were exported mostly to United Arab Emirates (MYR820k), Thailand (MYR281k), India (MYR210k), Singapore (MYR118k), and United States (MYR47.3k), and were imported mostly from United States (MYR1.48M), China (MYR743k), Germany (MYR691k), Australia (MYR318k), and Denmark (MYR240k).

Growth In November 2024, the increase in Laboratory Glassware's year-by-year exports was explained primarily by an increase in exports to United States (MYR39.9k or 240%), South Korea (MYR36.2k or 84.4%), and Indonesia (MYR7.88k or 83.4%). In November 2024, the decrease in Laboratory Glassware's year-by-year imports was explained primarily by a decrease in imports from Indonesia (MYR-212k or -98.6%), India (MYR-57.5k or -61.9%), and Portugal (MYR-17.2k or -94%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)MYR765k(105%)
IMPORT GROWTH (November 2023 - November 2024)MYR-9.53M(-70.2%)
MAIN DESTINATION (November 2024)United Arab EmiratesMYR820k

This section shows Laboratory Glassware'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 Laboratory Glassware over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$7.35M
IMPORTS (2023)$15M
NET TRADE (2023)-$7.69M

In 2023, Malaysia exported $7.35M in Laboratory Glassware. The main destinations of Malaysia exports on Laboratory Glassware were Germany ($1.86M), China ($1.52M), Singapore ($650k), United Arab Emirates ($385k), and United States ($358k).

In 2023, Malaysia imported $15M in Laboratory Glassware, mainly from China ($6.33M), United States ($3.97M), Germany ($1.5M), Japan ($745k), and Singapore ($486k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Laboratory Glassware EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
Germany$1.63M (709%)
Singapore$268k (69.9%)
United States$237k (195%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Laboratory Glassware BY Malaysia WERE (2022 - 2023):
South Korea-$590k (-79.3%)
China-$473k (-23.7%)
Cote d'Ivoire-$329k (-99.8%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Laboratory Glassware were:
Germany $262M
United States $258M
China $176M
In 2023, Malaysia's main importing competitors in Laboratory Glassware were:
United States $253M
Germany $98.6M
Netherlands $70.4M

Explore Visualizations

Trade Value of Laboratory Glassware by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $395k
TOP IMPORT POTENTIALChina+ $614k

Laboratory Glassware’s highest export potential is China. With an export gap of $395k.   Laboratory Glassware’s highest import potential is China with an import gap of $614k.

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