Other Precious Metal Products in Malaysia 2021 Exports | Imports : $157M | $292M, World Rnk 9 / 118 Rnk 208 / 1201 | World Rnk 5 / 186 Rnk 152 / 1208
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $24.9M | $57.2M, Thailand | Japan
2021 ECONOMIC COMPLEXITY of Malaysia: 1.09, Rnk 24 / 131
2021 PRODUCT COMPLEXITY IN Other Precious Metal Products: -0.056, Rnk 568 / 1024
Exports In 2021, Malaysia exported $157M in Other Precious Metal Products, making it the 9th largest exporter of Other Precious Metal Products in the world. At the same year, Other Precious Metal Products was the 208th most exported product in Malaysia. The main destination of Other Precious Metal Products exports from Malaysia are: Thailand ($107M), Japan ($19.2M), China ($12.5M), Singapore ($5.53M), and United States ($3.98M).
The fastest growing export markets for Other Precious Metal Products of Malaysia between 2020 and 2021 were Thailand ($24.9M), Singapore ($5.41M), and United States ($3.52M).
Imports In 2021, Malaysia imported $292M in Other Precious Metal Products, becoming the 5th largest importer of Other Precious Metal Products in the world. At the same year, Other Precious Metal Products was the 152nd most imported product in Malaysia. Malaysia imports Other Precious Metal Products primarily from: Japan ($152M), Singapore ($116M), Chinese Taipei ($10.2M), United States ($6.22M), and China ($3.03M).
The fastest growing import markets in Other Precious Metal Products for Malaysia between 2020 and 2021 were Japan ($57.2M), United States ($1.29M), and Laos ($281k).
September 2020
Overview In September 2020 Malaysia's Other Precious Metal Products exports accounted up to MYR68M and imports accounted up to MYR130M, resulting in a negative trade balance of MYR62.1M. Between September 2019 and September 2020 the exports of Malaysia's Other Precious Metal Products have increased by MYR2.13M (3.23%) from MYR65.9M to MYR68M, while imports increased by MYR36.7M (39.3%) from MYR93.3M to MYR130M.
Destinations In September 2020, Other Precious Metal Products were exported mostly to Thailand (MYR47.8M), China (MYR7.76M), Japan (MYR7.49M), Chinese Taipei (MYR3.43M), and Vietnam (MYR1.14M), and were imported mostly from Singapore (MYR67.8M), Japan (MYR53.6M), Chinese Taipei (MYR4.23M), China (MYR2.17M), and South Korea (MYR1.04M).
Growth In September 2020, the increase in Other Precious Metal Products's year-by-year exports was explained primarily by an increase in exports to Japan (MYR16.6M or 398%), Thailand (MYR91.7k or 0.27%), and Vietnam (MYR33.6k or 11.9%). In September 2020, the increase in Other Precious Metal Products's year-by-year imports was explained primarily by an increase in imports from Chinese Taipei (MYR255k or 170%), Germany (MYR15.2k or 33.3%), and United Kingdom (MYR4.18k or 81.3%).
EXPORT GROWTH (September 2019 - September 2020): MYR2.13M, (3.23%)
IMPORT GROWTH (September 2019 - September 2020): MYR36.7M, (39.3%)
MAIN DESTINATION (September 2020): Thailand, MYR47.8M
This section shows Other Precious Metal Products'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 Precious Metal Products over time.
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EXPORTS (2021): $157M
IMPORTS (2021): $292M
NET TRADE (2021): -$135M
In 2021, Malaysia exported $157M in Other Precious Metal Products. The main destinations of Malaysia exports on Other Precious Metal Products were Thailand ($107M), Japan ($19.2M), China ($12.5M), Singapore ($5.53M), and United States ($3.98M).
In 2021, Malaysia imported $292M in Other Precious Metal Products, mainly from Japan ($152M), Singapore ($116M), Chinese Taipei ($10.2M), United States ($6.22M), and China ($3.03M).
THE FASTEST GROWING Other Precious Metal Products EXPORT MARKETS FOR Malaysia WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Precious Metal Products BY Malaysia WERE (2020 - 2021):
In 2021, Malaysia's main exporting competitors in Other Precious Metal Products were:
In 2021, Malaysia's main importing competitors in Other Precious Metal Products were:
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