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2022
Exports $6.04MWorld Rnk 18 / 82
Flag Rnk 708 / 1198
2022
Destination $2.94M China
2021 - 2022
FASTEST GROWING MARKET $2.94MChina
2022
PRODUCT COMPLEXITY IN Nickel Sheets1.38Rnk 77 / 1025
2022
Imports $34.4MWorld Rnk 15 / 149
Flag Rnk 591 / 1203
2022
Origin $14.3M Chinese Taipei
2021 - 2022
FASTEST GROWING ORIGIN $14.3MChinese Taipei
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $6.04M in Nickel Sheets, making it the 18th largest exporter of Nickel Sheets in the world. At the same year, Nickel Sheets was the 708th most exported product in Malaysia. The main destination of Nickel Sheets exports from Malaysia are: China ($2.94M), Japan ($1.39M), Singapore ($1.08M), United States ($261k), and Philippines ($124k).

The fastest growing export markets for Nickel Sheets of Malaysia between 2021 and 2022 were China ($2.94M), Japan ($1.33M), and Singapore ($682k).

Imports In 2022, Malaysia imported $34.4M in Nickel Sheets, becoming the 15th largest importer of Nickel Sheets in the world. At the same year, Nickel Sheets was the 591st most imported product in Malaysia. Malaysia imports Nickel Sheets primarily from: Chinese Taipei ($14.7M), China ($8.96M), South Korea ($4.28M), United States ($2.5M), and Singapore ($1.12M).

The fastest growing import markets in Nickel Sheets for Malaysia between 2021 and 2022 were Chinese Taipei ($14.3M), South Korea ($2.35M), and Denmark ($657k).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Nickel Sheets exports accounted up to MYR302k and imports accounted up to MYR7.32M, resulting in a negative trade balance of MYR7.02M. Between June 2023 and June 2024 the exports of Malaysia's   Nickel Sheets have increased by MYR808 (0.27%) from MYR301k to MYR302k, while imports decreased by MYR-303k (-3.97%) from MYR7.62M to MYR7.32M.

Destinations In June 2024, Nickel Sheets were exported mostly to Singapore (MYR239k), China (MYR32.5k), Indonesia (MYR10.7k), Vietnam (MYR7.82k), and Japan (MYR5.38k), and were imported mostly from N/A.

Growth In June 2024, the increase in Nickel Sheets's year-by-year exports was explained primarily by an increase in exports to Singapore (MYR1.04M or 489%) and United States (MYR11k or 30.1%). In June 2024, the decrease in Nickel Sheets's year-by-year imports was explained primarily by a decrease in imports from China (MYR-5.03M or -91.8%), Japan (MYR-499k or -27.1%), and Chinese Taipei (MYR-188k or -88.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR808(0.27%)
IMPORT GROWTH (June 2023 - June 2024)MYR-303k(-3.97%)
MAIN DESTINATION (June 2024)SingaporeMYR239k

This section shows Nickel Sheets'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 Nickel Sheets over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.04M
IMPORTS (2022)$34.4M
NET TRADE (2022)-$28.4M

In 2022, Malaysia exported $6.04M in Nickel Sheets. The main destinations of Malaysia exports on Nickel Sheets were China ($2.94M), Japan ($1.39M), Singapore ($1.08M), United States ($261k), and Philippines ($124k).

In 2022, Malaysia imported $34.4M in Nickel Sheets, mainly from Chinese Taipei ($14.7M), China ($8.96M), South Korea ($4.28M), United States ($2.5M), and Singapore ($1.12M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nickel Sheets EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
China$2.94M (1%)
Japan$1.33M (2.26k%)
Singapore$682k (169%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nickel Sheets BY Malaysia WERE (2021 - 2022):
India-$261k (-98.1%)
Philippines-$219k (-63.8%)
Hong Kong-$25.3k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Nickel Sheets were:
Germany $626M
United States $513M
Japan $302M
In 2022, Malaysia's main importing competitors in Nickel Sheets were:
China $351M
United States $204M
Germany $153M

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Trade Value of Nickel Sheets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $976k
TOP IMPORT POTENTIALUnited States+ $766k

Nickel Sheets’s highest export potential is China. With an export gap of $976k.   Nickel Sheets’s highest import potential is United States with an import gap of $766k.

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