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2023
Exports $37.5MWorld Rnk 62 / 222
Flag Rnk 402 / 1208
2023
Destination $2.18M Turkey
2022 - 2023
FASTEST GROWING MARKET $2.18MHong Kong
2023
PRODUCT COMPLEXITY IN Non-Knit Women's Suits-1.24Rnk 887 / 1025
2023
Imports $385MWorld Rnk 31 / 223
Flag Rnk 122 / 1211
2023
Origin $2.35M China
2022 - 2023
FASTEST GROWING ORIGIN $2.35MUnited Arab Emirates
2023
ECONOMIC COMPLEXITY of Malaysia1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $37.5M in Non-Knit Women's Suits, making it the 62nd largest exporter of Non-Knit Women's Suits in the world. At the same year, Non-Knit Women's Suits was the 402nd most exported product in Malaysia. The main destination of Non-Knit Women's Suits exports from Malaysia are: Turkey ($11.4M), Hong Kong ($5.67M), Singapore ($3.76M), United States ($3.49M), and Philippines ($1.42M).

The fastest growing export markets for Non-Knit Women's Suits of Malaysia between 2022 and 2023 were Hong Kong ($2.18M), Singapore ($940k), and Sri Lanka ($474k).

Imports In 2023, Malaysia imported $385M in Non-Knit Women's Suits, becoming the 31st largest importer of Non-Knit Women's Suits in the world. At the same year, Non-Knit Women's Suits was the 122nd most imported product in Malaysia. Malaysia imports Non-Knit Women's Suits primarily from: China ($256M), Singapore ($24.3M), Bangladesh ($19.3M), India ($12.3M), and Hong Kong ($10.4M).

The fastest growing import markets in Non-Knit Women's Suits for Malaysia between 2022 and 2023 were United Arab Emirates ($2.35M), Cambodia ($1.62M), and France ($1.39M).

COMPANIES In 2023, leading companies such as H&M Clothing (1) and Kontoor Brands (1) were at the forefront of shipping Non-Knit Women's Suits from Malaysia to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Malaysia's Non-Knit Women's Suits exports accounted up to MYR35.7M and imports accounted up to MYR66.8M, resulting in a negative trade balance of MYR31.1M. Between November 2023 and November 2024 the exports of Malaysia's   Non-Knit Women's Suits have decreased by MYR-10.7M (-23.1%) from MYR46.4M to MYR35.7M, while imports decreased by MYR-18.2M (-21.4%) from MYR85M to MYR66.8M.

Destinations In November 2024, Non-Knit Women's Suits were exported mostly to Singapore (MYR8.43M), Philippines (MYR2.34M), Hong Kong (MYR2.09M), Spain (MYR861k), and China (MYR837k), and were imported mostly from China (MYR26.6M), Singapore (MYR7.27M), Vietnam (MYR3.8M), Italy (MYR3.65M), and Cambodia (MYR3.55M).

Growth In November 2024, the decrease in Non-Knit Women's Suits's year-by-year exports was explained primarily by a decrease in exports to Turkey (MYR-2.9M or -61.2%), United States (MYR-2M or -39.4%), and Spain (MYR-705k or -91.6%). In November 2024, the decrease in Non-Knit Women's Suits's year-by-year imports was explained primarily by a decrease in imports from Turkey (MYR-580k or -44%), Denmark (MYR-274k or -76.4%), and Australia (MYR-213k or -69%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)MYR-10.7M(-23.1%)
IMPORT GROWTH (November 2023 - November 2024)MYR-18.2M(-21.4%)
MAIN DESTINATION (November 2024)SingaporeMYR8.43M

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

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Historical Data

Trade Balance

Color
EXPORTS (2023)$37.5M
IMPORTS (2023)$385M
NET TRADE (2023)-$348M

In 2023, Malaysia exported $37.5M in Non-Knit Women's Suits. The main destinations of Malaysia exports on Non-Knit Women's Suits were Turkey ($11.4M), Hong Kong ($5.67M), Singapore ($3.76M), United States ($3.49M), and Philippines ($1.42M).

In 2023, Malaysia imported $385M in Non-Knit Women's Suits, mainly from China ($256M), Singapore ($24.3M), Bangladesh ($19.3M), India ($12.3M), and Hong Kong ($10.4M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Non-Knit Women's Suits EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
Hong Kong$2.18M (62.5%)
Singapore$940k (33.3%)
Sri Lanka$474k (291k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Knit Women's Suits BY Malaysia WERE (2022 - 2023):
United States-$5.59M (-61.6%)
Saudi Arabia-$4.46M (-84.1%)
Germany-$2.97M (-87.4%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Non-Knit Women's Suits were:
China $20.4B
Bangladesh $5.64B
Turkey $4.56B
In 2023, Malaysia's main importing competitors in Non-Knit Women's Suits were:
United States $10.7B
Germany $5.41B
Spain $4.38B

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

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $8.12M
TOP IMPORT POTENTIALChina+ $35.8M

Non-Knit Women's Suits’s highest export potential is United States. With an export gap of $8.12M.   Non-Knit Women's Suits’s highest import potential is China with an import gap of $35.8M.

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