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2022
Exports $311MWorld Rnk 25 / 224
Flag Rnk 136 / 1198
2022
Destination $5.56M United States
2021 - 2022
FASTEST GROWING MARKET $5.56MPeru
2022
PRODUCT COMPLEXITY IN Other Rubber Products0.54Rnk 353 / 1025
2022
Imports $295MWorld Rnk 31 / 225
Flag Rnk 166 / 1203
2022
Origin $12.8M China
2021 - 2022
FASTEST GROWING ORIGIN $12.8MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $311M in Other Rubber Products, making it the 25th largest exporter of Other Rubber Products in the world. At the same year, Other Rubber Products was the 136th most exported product in Malaysia. The main destination of Other Rubber Products exports from Malaysia are: United States ($41.5M), Singapore ($36.6M), Japan ($34M), China ($33.6M), and Thailand ($22.6M).

The fastest growing export markets for Other Rubber Products of Malaysia between 2021 and 2022 were Peru ($5.56M), India ($4.44M), and Japan ($4.08M).

Imports In 2022, Malaysia imported $295M in Other Rubber Products, becoming the 31st largest importer of Other Rubber Products in the world. At the same year, Other Rubber Products was the 166th most imported product in Malaysia. Malaysia imports Other Rubber Products primarily from: China ($91M), Thailand ($45.8M), Singapore ($34.2M), United States ($25.7M), and Japan ($23.8M).

The fastest growing import markets in Other Rubber Products for Malaysia between 2021 and 2022 were China ($12.8M), United States ($8.79M), and Thailand ($7.1M).

COMPANIES In 2023, leading companies such as Tesla (36), IKEA Group (8), and Robert Bosch (1) were at the forefront of shipping Other Rubber Products from Malaysia to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Malaysia's Other Rubber Products exports accounted up to MYR111M and imports accounted up to MYR155M, resulting in a negative trade balance of MYR43.9M. Between August 2023 and August 2024 the exports of Malaysia's   Other Rubber Products have decreased by MYR-212k (-0.19%) from MYR111M to MYR111M, while imports increased by MYR40.3M (35.2%) from MYR114M to MYR155M.

Destinations In August 2024, Other Rubber Products were exported mostly to United States (MYR15.8M), Singapore (MYR15.3M), China (MYR10.8M), Japan (MYR10M), and Thailand (MYR5.53M), and were imported mostly from China (MYR41.2M), United States (MYR21.5M), Japan (MYR18.6M), Thailand (MYR16.7M), and Singapore (MYR16.4M).

Growth In August 2024, the decrease in Other Rubber Products's year-by-year exports was explained primarily by a decrease in exports to Australia (MYR-2.44M or -52.4%), Singapore (MYR-1.59M or -12.1%), and United Kingdom (MYR-1.28M or -52.6%). In August 2024, the increase in Other Rubber Products's year-by-year imports was explained primarily by an increase in imports from Japan (MYR4.51M or 38.1%), United States (MYR2.39M or 26.1%), and South Korea (MYR1.96M or 242%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)MYR-212k(-0.19%)
IMPORT GROWTH (August 2023 - August 2024)MYR40.3M(35.2%)
MAIN DESTINATION (August 2024)United StatesMYR15.8M

This section shows Other Rubber 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 Rubber Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$311M
IMPORTS (2022)$295M
NET TRADE (2022)$15.9M

In 2022, Malaysia exported $311M in Other Rubber Products. The main destinations of Malaysia exports on Other Rubber Products were United States ($41.5M), Singapore ($36.6M), Japan ($34M), China ($33.6M), and Thailand ($22.6M).

In 2022, Malaysia imported $295M in Other Rubber Products, mainly from China ($91M), Thailand ($45.8M), Singapore ($34.2M), United States ($25.7M), and Japan ($23.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Rubber Products EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Peru$5.56M (313%)
India$4.44M (203%)
Japan$4.08M (13.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Rubber Products BY Malaysia WERE (2021 - 2022):
Singapore-$1.16M (-3.06%)
Russia-$769k (-29.1%)
United States-$568k (-1.35%)
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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 Rubber Products were:
China $4.57B
Germany $4.25B
United States $3.26B
In 2022, Malaysia's main importing competitors in Other Rubber Products were:
United States $4.97B
Germany $3.32B
China $1.73B

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Trade Value of Other Rubber Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $18.7M
TOP IMPORT POTENTIALChina+ $23.4M

Other Rubber Products’s highest export potential is United States. With an export gap of $18.7M.   Other Rubber Products’s highest import potential is China with an import gap of $23.4M.

See methodology.

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