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2022
Exports $3.14MWorld Rnk 31 / 172
Flag Rnk 816 / 1198
2022
Destination $462k Singapore
2021 - 2022
FASTEST GROWING MARKET $462kSingapore
2022
PRODUCT COMPLEXITY IN Non-Knit Gloves-1.39Rnk 931 / 1025
2022
Imports $5.39MWorld Rnk 33 / 215
Flag Rnk 925 / 1203
2022
Origin $189k China
2021 - 2022
FASTEST GROWING ORIGIN $189kBurma
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $3.14M in Non-Knit Gloves, making it the 31st largest exporter of Non-Knit Gloves in the world. At the same year, Non-Knit Gloves was the 816th most exported product in Malaysia. The main destination of Non-Knit Gloves exports from Malaysia are: Singapore ($793k), Norway ($352k), Hong Kong ($323k), Thailand ($316k), and Poland ($292k).

The fastest growing export markets for Non-Knit Gloves of Malaysia between 2021 and 2022 were Singapore ($462k), Thailand ($251k), and United Arab Emirates ($214k).

Imports In 2022, Malaysia imported $5.39M in Non-Knit Gloves, becoming the 33rd largest importer of Non-Knit Gloves in the world. At the same year, Non-Knit Gloves was the 925th most imported product in Malaysia. Malaysia imports Non-Knit Gloves primarily from: China ($3.86M), Vietnam ($305k), Burma ($228k), United States ($184k), and Singapore ($123k).

The fastest growing import markets in Non-Knit Gloves for Malaysia between 2021 and 2022 were Burma ($189k), United States ($90.5k), and Vietnam ($81.4k).

Latest Trends

August 2024

About

Overview In August 2024 Malaysia's Non-Knit Gloves exports accounted up to MYR478k and imports accounted up to MYR3.11M, resulting in a negative trade balance of MYR2.64M. Between August 2023 and August 2024 the exports of Malaysia's   Non-Knit Gloves have decreased by MYR-6.05k (-1.25%) from MYR484k to MYR478k, while imports increased by MYR362k (13.2%) from MYR2.75M to MYR3.11M.

Destinations In August 2024, Non-Knit Gloves were exported mostly to Singapore (MYR185k), Australia (MYR91.6k), Thailand (MYR66.1k), Vietnam (MYR44.6k), and Philippines (MYR25.7k), and were imported mostly from China (MYR2.17M), Vietnam (MYR219k), Singapore (MYR210k), India (MYR139k), and Burma (MYR127k).

Growth In August 2024, the decrease in Non-Knit Gloves's year-by-year exports was explained primarily by a decrease in exports to Singapore (MYR-629k or -84.6%), Indonesia (MYR-22.7k or -34.9%), and Chinese Taipei (MYR-13.7k or -50.4%). In August 2024, the increase in Non-Knit Gloves's year-by-year imports was explained primarily by an increase in imports from India (MYR243k or 437%) and Vietnam (MYR31.3k or 40%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)MYR-6.05k(-1.25%)
IMPORT GROWTH (August 2023 - August 2024)MYR362k(13.2%)
MAIN DESTINATION (August 2024)SingaporeMYR185k

This section shows Non-Knit Gloves'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 Non-Knit Gloves over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.14M
IMPORTS (2022)$5.39M
NET TRADE (2022)-$2.25M

In 2022, Malaysia exported $3.14M in Non-Knit Gloves. The main destinations of Malaysia exports on Non-Knit Gloves were Singapore ($793k), Norway ($352k), Hong Kong ($323k), Thailand ($316k), and Poland ($292k).

In 2022, Malaysia imported $5.39M in Non-Knit Gloves, mainly from China ($3.86M), Vietnam ($305k), Burma ($228k), United States ($184k), and Singapore ($123k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Knit Gloves EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Singapore$462k (140%)
Thailand$251k (386%)
United Arab Emirates$214k (674%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Knit Gloves BY Malaysia WERE (2021 - 2022):
India-$438k (-89.9%)
Qatar-$207k (-100%)
Canada-$165k (-85.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Non-Knit Gloves were:
China $606M
Vietnam $200M
Indonesia $88M
In 2022, Malaysia's main importing competitors in Non-Knit Gloves were:
United States $427M
Germany $111M
Canada $80.4M

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Trade Value of Non-Knit Gloves by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $83k
TOP IMPORT POTENTIALChina+ $883k

Non-Knit Gloves’s highest export potential is France. With an export gap of $83k.   Non-Knit Gloves’s highest import potential is China with an import gap of $883k.

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