Mineral waxes nes in Malaysia | The Observatory of Economic Complexity

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Exports In 2022, Malaysia exported $72.9M in Mineral waxes nes, making it the 10th largest exporter of Mineral waxes nes in the world. At the same year, Mineral waxes nes was the 448th most exported product in Malaysia. The main destination of Mineral waxes nes exports from Malaysia are: Netherlands ($18.5M), United States ($10.2M), United Kingdom ($5.29M), Vietnam ($5.01M), and Brazil ($4.42M).

The fastest growing export markets for Mineral waxes nes of Malaysia between 2021 and 2022 were Netherlands ($13.4M), United Kingdom ($5.25M), and United States ($1.62M).

Imports In 2022, Malaysia imported $37.1M in Mineral waxes nes, becoming the 17th largest importer of Mineral waxes nes in the world. At the same year, Mineral waxes nes was the 938th most imported product in Malaysia. Malaysia imports Mineral waxes nes primarily from: Singapore ($24M), United Arab Emirates ($7.62M), Thailand ($1.21M), Indonesia ($1.15M), and China ($800k).

The fastest growing import markets in Mineral waxes nes for Malaysia between 2021 and 2022 were Singapore ($8.75M), United Arab Emirates ($6.04M), and Indonesia ($710k).

COMPANIES In 2023, leading companies such as Halyard Health (1.33k), Coaster Fine Furniture (890), and Motorola (838) were at the forefront of shipping Mineral waxes nes from Malaysia to the United States.

Latest Trends

June 2024

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Overview In June 2024 Malaysia's Mineral waxes nes exports accounted up to MYR6.98M and imports accounted up to MYR17.8M, resulting in a negative trade balance of MYR10.8M. Between June 2023 and June 2024 the exports of Malaysia's Mineral waxes nes have increased by MYR4.66M (201%) from MYR2.32M to MYR6.98M, while imports increased by MYR6.07M (51.7%) from MYR11.7M to MYR17.8M.

Destinations In June 2024, Mineral waxes nes were exported mostly to Dominican Republic (MYR1.75M), Vietnam (MYR1.43M), China (MYR1.18M), Thailand (MYR548k), and Indonesia (MYR432k), and were imported mostly from Singapore (MYR13M), China (MYR2.65M), Thailand (MYR614k), United States (MYR612k), and Germany (MYR257k).

Growth In June 2024, the increase in Mineral waxes nes's year-by-year exports was explained primarily by an increase in exports to Chile (MYR632k or 550%), Guatemala (MYR380k or 82.5%), and Thailand (MYR302k or 77%). In June 2024, the increase in Mineral waxes nes's year-by-year imports was explained primarily by an increase in imports from Indonesia (MYR728k or 608%), China (MYR198k or 32.4%), and Singapore (MYR86.5k or 1.81%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)MYR4.66M(201%)

IMPORT GROWTH (June 2023 - June 2024)MYR6.07M(51.7%)

MAIN DESTINATION (June 2024)Dominican RepublicMYR1.75M

This section shows Mineral waxes nes'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 Mineral waxes nes over time.

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