NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Exports $30MWorld Rnk 67 / 221
Flag Rnk 434 / 1208
2023
Destination $6.04M Spain
2022 - 2023
FASTEST GROWING MARKET $6.04MSpain
2023
PRODUCT COMPLEXITY IN Non-Knit Men's Suits-1.21Rnk 878 / 1025
2023
Imports $262MWorld Rnk 31 / 225
Flag Rnk 167 / 1211
2023
Origin $19.3M China
2022 - 2023
FASTEST GROWING ORIGIN $19.3MIndonesia
2023
ECONOMIC COMPLEXITY of Malaysia1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $30M in Non-Knit Men's Suits, making it the 67th largest exporter of Non-Knit Men's Suits in the world. At the same year, Non-Knit Men's Suits was the 434th most exported product in Malaysia. The main destination of Non-Knit Men's Suits exports from Malaysia are: Spain ($9.07M), Singapore ($4.29M), Hong Kong ($2.97M), Philippines ($1.49M), and United States ($1.39M).

The fastest growing export markets for Non-Knit Men's Suits of Malaysia between 2022 and 2023 were Spain ($6.04M), United States ($1.03M), and Hong Kong ($742k).

Imports In 2023, Malaysia imported $262M in Non-Knit Men's Suits, becoming the 31st largest importer of Non-Knit Men's Suits in the world. At the same year, Non-Knit Men's Suits was the 167th most imported product in Malaysia. Malaysia imports Non-Knit Men's Suits primarily from: China ($153M), Indonesia ($25.5M), Bangladesh ($17.8M), Vietnam ($16.4M), and India ($7.47M).

The fastest growing import markets in Non-Knit Men's Suits for Malaysia between 2022 and 2023 were Indonesia ($19.3M), Hong Kong ($1.34M), and Singapore ($1.27M).

COMPANIES In 2023, leading companies such as H&M Clothing (2) were at the forefront of shipping Non-Knit Men's Suits from Malaysia to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Malaysia's Non-Knit Men's Suits exports accounted up to MYR18M and imports accounted up to MYR65.5M, resulting in a negative trade balance of MYR47.4M. Between November 2023 and November 2024 the exports of Malaysia's   Non-Knit Men's Suits have increased by MYR4.13M (29.8%) from MYR13.9M to MYR18M, while imports increased by MYR1.04M (1.62%) from MYR64.4M to MYR65.5M.

Destinations In November 2024, Non-Knit Men's Suits were exported mostly to Philippines (MYR5.69M), Singapore (MYR4.72M), Thailand (MYR1.36M), United States (MYR1.24M), and Australia (MYR1.09M), and were imported mostly from China (MYR29.4M), Bangladesh (MYR6.9M), Vietnam (MYR5.65M), Indonesia (MYR4.28M), and Cambodia (MYR3.85M).

Growth In November 2024, the increase in Non-Knit Men's Suits's year-by-year exports was explained primarily by an increase in exports to Singapore (MYR1.62M or 47.8%), Hong Kong (MYR1.15M or 192%), and Germany (MYR684k or 1.74k%). In November 2024, the increase in Non-Knit Men's Suits's year-by-year imports was explained primarily by an increase in imports from Bangladesh (MYR4.65M or 70.2%), India (MYR1.36M or 63.8%), and Hong Kong (MYR1.26M or 101%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)MYR4.13M(29.8%)
IMPORT GROWTH (November 2023 - November 2024)MYR1.04M(1.62%)
MAIN DESTINATION (November 2024)PhilippinesMYR5.69M

This section shows Non-Knit Men's Suits'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 Men's Suits over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$30M
IMPORTS (2023)$262M
NET TRADE (2023)-$232M

In 2023, Malaysia exported $30M in Non-Knit Men's Suits. The main destinations of Malaysia exports on Non-Knit Men's Suits were Spain ($9.07M), Singapore ($4.29M), Hong Kong ($2.97M), Philippines ($1.49M), and United States ($1.39M).

In 2023, Malaysia imported $262M in Non-Knit Men's Suits, mainly from China ($153M), Indonesia ($25.5M), Bangladesh ($17.8M), Vietnam ($16.4M), and India ($7.47M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Non-Knit Men's Suits EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
Spain$6.04M (199%)
United States$1.03M (284%)
Hong Kong$742k (33.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Knit Men's Suits BY Malaysia WERE (2022 - 2023):
India-$1.32M (-73.7%)
United Kingdom-$695k (-63%)
Bangladesh-$241k (-90.5%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Non-Knit Men's Suits were:
China $8.81B
Bangladesh $7.68B
Vietnam $2.85B
In 2023, Malaysia's main importing competitors in Non-Knit Men's Suits were:
United States $8.76B
Germany $4.92B
France $2.4B

Explore Visualizations

Trade Value of Non-Knit Men's Suits by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $1.43M
TOP IMPORT POTENTIALBangladesh+ $26M

Non-Knit Men's Suits’s highest export potential is Spain. With an export gap of $1.43M.   Non-Knit Men's Suits’s highest import potential is Bangladesh with an import gap of $26M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms