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2022
Exports $1.24MWorld Rnk 39 / 172
Flag Rnk 928 / 1198
2022
Destination $309k Hong Kong
2021 - 2022
FASTEST GROWING MARKET $309kHong Kong
2022
PRODUCT COMPLEXITY IN Other Cutlery-0.49Rnk 697 / 1025
2022
Imports $53.9MWorld Rnk 3 / 219
Flag Rnk 502 / 1203
2022
Origin $17.6M China
2021 - 2022
FASTEST GROWING ORIGIN $17.6MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $1.24M in Other Cutlery, making it the 39th largest exporter of Other Cutlery in the world. At the same year, Other Cutlery was the 928th most exported product in Malaysia. The main destination of Other Cutlery exports from Malaysia are: Hong Kong ($435k), Kuwait ($138k), Singapore ($132k), India ($75.3k), and Netherlands ($73.1k).

The fastest growing export markets for Other Cutlery of Malaysia between 2021 and 2022 were Hong Kong ($309k), Kuwait ($134k), and Netherlands ($71.3k).

Imports In 2022, Malaysia imported $53.9M in Other Cutlery, becoming the 3rd largest importer of Other Cutlery in the world. At the same year, Other Cutlery was the 502nd most imported product in Malaysia. Malaysia imports Other Cutlery primarily from: China ($53M), South Korea ($296k), Vietnam ($198k), Hong Kong ($74.7k), and Japan ($68.6k).

The fastest growing import markets in Other Cutlery for Malaysia between 2021 and 2022 were China ($17.6M), Vietnam ($137k), and South Korea ($56.8k).

Latest Trends

August 2024

About

Overview In August 2024 Malaysia's Other Cutlery exports accounted up to MYR403k and imports accounted up to MYR1.81M, resulting in a negative trade balance of MYR1.4M. Between August 2023 and August 2024 the exports of Malaysia's   Other Cutlery have increased by MYR42.9k (11.9%) from MYR360k to MYR403k, while imports decreased by MYR-25.7k (-1.4%) from MYR1.83M to MYR1.81M.

Destinations In August 2024, Other Cutlery were exported mostly to Singapore (MYR99.2k), India (MYR79.3k), Philippines (MYR47.3k), China (MYR37.8k), and Hong Kong (MYR23.5k), and were imported mostly from China (MYR1.39M), Vietnam (MYR211k), Hong Kong (MYR73k), Japan (MYR50.5k), and Singapore (MYR30.2k).

Growth In August 2024, the increase in Other Cutlery's year-by-year exports was explained primarily by an increase in exports to Singapore (MYR34.7k or 1.5k%), Germany (MYR1.27k or 6.03%), and Chinese Taipei (MYR778 or 29.3%). In August 2024, the decrease in Other Cutlery's year-by-year imports was explained primarily by a decrease in imports from South Korea (MYR-63k or -87%), Japan (MYR-57.5k or -76%), and Thailand (MYR-16k or -97.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)MYR42.9k(11.9%)
IMPORT GROWTH (August 2023 - August 2024)MYR-25.7k(-1.4%)
MAIN DESTINATION (August 2024)SingaporeMYR99.2k

This section shows Other Cutlery'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 Other Cutlery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.24M
IMPORTS (2022)$53.9M
NET TRADE (2022)-$52.7M

In 2022, Malaysia exported $1.24M in Other Cutlery. The main destinations of Malaysia exports on Other Cutlery were Hong Kong ($435k), Kuwait ($138k), Singapore ($132k), India ($75.3k), and Netherlands ($73.1k).

In 2022, Malaysia imported $53.9M in Other Cutlery, mainly from China ($53M), South Korea ($296k), Vietnam ($198k), Hong Kong ($74.7k), and Japan ($68.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Cutlery EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Hong Kong$309k (244%)
Kuwait$134k (3.47k%)
Netherlands$71.3k (3.99k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Cutlery BY Malaysia WERE (2021 - 2022):
Germany-$79.6k (-72.3%)
India-$46.8k (-38.3%)
Papua New Guinea-$32.3k (-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 Other Cutlery were:
China $940M
Germany $76.4M
United States $30.7M
In 2022, Malaysia's main importing competitors in Other Cutlery were:
United States $230M
Germany $70.6M

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Trade Value of Other Cutlery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSingapore+ $98.5k
TOP IMPORT POTENTIALVietnam+ $232k

Other Cutlery’s highest export potential is Singapore. With an export gap of $98.5k.   Other Cutlery’s highest import potential is Vietnam with an import gap of $232k.

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