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2022
Exports $5.93MWorld Rnk 32 / 146
Flag Rnk 709 / 1198
2022
Destination $913k Japan
2021 - 2022
FASTEST GROWING MARKET $913kJapan
2022
PRODUCT COMPLEXITY IN Other Synthetic Fabrics-0.22Rnk 620 / 1025
2022
Imports $18.8MWorld Rnk 50 / 198
Flag Rnk 724 / 1203
2022
Origin $483k China
2021 - 2022
FASTEST GROWING ORIGIN $483kCambodia
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $5.93M in Other Synthetic Fabrics, making it the 32nd largest exporter of Other Synthetic Fabrics in the world. At the same year, Other Synthetic Fabrics was the 709th most exported product in Malaysia. The main destination of Other Synthetic Fabrics exports from Malaysia are: Japan ($4.26M), Dominican Republic ($800k), Cambodia ($315k), Vietnam ($226k), and Turkey ($92.4k).

The fastest growing export markets for Other Synthetic Fabrics of Malaysia between 2021 and 2022 were Japan ($913k), Dominican Republic ($483k), and Cambodia ($99.4k).

Imports In 2022, Malaysia imported $18.8M in Other Synthetic Fabrics, becoming the 50th largest importer of Other Synthetic Fabrics in the world. At the same year, Other Synthetic Fabrics was the 724th most imported product in Malaysia. Malaysia imports Other Synthetic Fabrics primarily from: China ($13.4M), Indonesia ($1.77M), Thailand ($950k), Singapore ($736k), and India ($569k).

The fastest growing import markets in Other Synthetic Fabrics for Malaysia between 2021 and 2022 were Cambodia ($483k), United States ($170k), and Thailand ($155k).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Other Synthetic Fabrics exports accounted up to MYR18.5M and imports accounted up to MYR8.76M, resulting in a positive trade balance of MYR9.77M. Between June 2023 and June 2024 the exports of Malaysia's   Other Synthetic Fabrics have increased by MYR11.9M (178%) from MYR6.67M to MYR18.5M, while imports increased by MYR5.45M (165%) from MYR3.31M to MYR8.76M.

Destinations In June 2024, Other Synthetic Fabrics were exported mostly to Japan (MYR1.93M), China (MYR311k), India (MYR288k), and Vietnam (MYR17.2k), and were imported mostly from China (MYR8.07M), Belgium (MYR250k), India (MYR119k), Indonesia (MYR117k), and Philippines (MYR92k).

Growth In June 2024, the increase in Other Synthetic Fabrics's year-by-year exports was explained primarily by an increase in exports to . In June 2024, the increase in Other Synthetic Fabrics's year-by-year imports was explained primarily by an increase in imports from China (MYR950k or 34.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR11.9M(178%)
IMPORT GROWTH (June 2023 - June 2024)MYR5.45M(165%)
MAIN DESTINATION (June 2024)JapanMYR1.93M

This section shows Other Synthetic Fabrics'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 Synthetic Fabrics over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.93M
IMPORTS (2022)$18.8M
NET TRADE (2022)-$12.9M

In 2022, Malaysia exported $5.93M in Other Synthetic Fabrics. The main destinations of Malaysia exports on Other Synthetic Fabrics were Japan ($4.26M), Dominican Republic ($800k), Cambodia ($315k), Vietnam ($226k), and Turkey ($92.4k).

In 2022, Malaysia imported $18.8M in Other Synthetic Fabrics, mainly from China ($13.4M), Indonesia ($1.77M), Thailand ($950k), Singapore ($736k), and India ($569k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Synthetic Fabrics EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Japan$913k (27.3%)
Dominican Republic$483k (153%)
Cambodia$99.4k (46.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Synthetic Fabrics BY Malaysia WERE (2021 - 2022):
Indonesia-$8.71M (-99.5%)
Singapore-$118k (-62.5%)
Guatemala-$109k (-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 Synthetic Fabrics were:
China $1.73B
India $400M
Turkey $237M
In 2022, Malaysia's main importing competitors in Other Synthetic Fabrics were:
Vietnam $284M
Bangladesh $226M
United Arab Emirates $193M

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Trade Value of Other Synthetic Fabrics by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALVietnam+ $225k
TOP IMPORT POTENTIALChina+ $2.56M

Other Synthetic Fabrics’s highest export potential is Vietnam. With an export gap of $225k.   Other Synthetic Fabrics’s highest import potential is China with an import gap of $2.56M.

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