2023
Exports
$4.39MWorld Rnk 58 / 204
Flag Rnk 743 / 1208
2023
PRODUCT COMPLEXITY IN Paintings
0.52Rnk 363 / 1025
2023
Imports
$21.9MWorld Rnk 30 / 211
Flag Rnk 658 / 1211
2023
ECONOMIC COMPLEXITY of Malaysia
1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $4.39M in Paintings, making it the 58th largest exporter of Paintings in the world. At the same year, Paintings was the 743rd most exported product in Malaysia. The main destination of Paintings exports from Malaysia are: Singapore ($3.24M), Chinese Taipei ($366k), Zambia ($159k), United States ($147k), and China ($122k).

The fastest growing export markets for Paintings of Malaysia between 2022 and 2023 were Singapore ($552k), Chinese Taipei ($355k), and Japan ($48.3k).

Imports In 2023, Malaysia imported $21.9M in Paintings, becoming the 30th largest importer of Paintings in the world. At the same year, Paintings was the 658th most imported product in Malaysia. Malaysia imports Paintings primarily from: China ($12M), Switzerland ($2.65M), Singapore ($1.93M), United States ($1.67M), and United Kingdom ($978k).

The fastest growing import markets in Paintings for Malaysia between 2022 and 2023 were China ($6.55M), Switzerland ($2.64M), and Singapore ($1.25M).

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)MYR-87.6k(-14.5%)
IMPORT GROWTH (December 2023 - December 2024)MYR284k(8.47%)
MAIN DESTINATION (December 2024)ChinaMYR176k

This section shows Paintings'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 Paintings over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$4.39M
IMPORTS (2023)$21.9M
NET TRADE (2023)-$17.5M

In 2023, Malaysia exported $4.39M in Paintings. The main destinations of Malaysia exports on Paintings were Singapore ($3.24M), Chinese Taipei ($366k), Zambia ($159k), United States ($147k), and China ($122k).

In 2023, Malaysia imported $21.9M in Paintings, mainly from China ($12M), Switzerland ($2.65M), Singapore ($1.93M), United States ($1.67M), and United Kingdom ($978k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Paintings EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
Singapore$552k (20.5%)
Chinese Taipei$355k (3.11k%)
Japan$48.3k (2.15k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Paintings BY Malaysia WERE (2022 - 2023):
Hong Kong-$1.26M (-94.1%)
United Kingdom-$1.09M (-98.1%)
China-$296k (-70.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Paintings were:
In 2023, Malaysia's main importing competitors in Paintings were:

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Trade Value of Paintings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSingapore+ $667k
TOP IMPORT POTENTIALUnited States+ $1.87M

Paintings’s highest export potential is Singapore. With an export gap of $667k.   Paintings’s highest import potential is United States with an import gap of $1.87M.

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