2023
Exports
$91.4MWorld Rnk 24 / 196
Flag Rnk 277 / 1208
2023
PRODUCT COMPLEXITY IN Plastic Building Materials
0.19Rnk 495 / 1025
2023
Imports
$82.3MWorld Rnk 32 / 226
Flag Rnk 369 / 1211
2023
ECONOMIC COMPLEXITY of Malaysia
1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $91.4M in Plastic Building Materials, making it the 24th largest exporter of Plastic Building Materials in the world. At the same year, Plastic Building Materials was the 277th most exported product in Malaysia. The main destination of Plastic Building Materials exports from Malaysia are: Singapore ($28.4M), United States ($7.49M), Australia ($6.8M), Saudi Arabia ($6.18M), and Indonesia ($5.29M).

The fastest growing export markets for Plastic Building Materials of Malaysia between 2022 and 2023 were Saudi Arabia ($2.7M), Indonesia ($1.36M), and Denmark ($1.16M).

Imports In 2023, Malaysia imported $82.3M in Plastic Building Materials, becoming the 32nd largest importer of Plastic Building Materials in the world. At the same year, Plastic Building Materials was the 369th most imported product in Malaysia. Malaysia imports Plastic Building Materials primarily from: China ($69.8M), Vietnam ($2.89M), Singapore ($2.11M), South Korea ($1.6M), and United States ($1.35M).

The fastest growing import markets in Plastic Building Materials for Malaysia between 2022 and 2023 were China ($43.7M), Singapore ($1.62M), and United States ($578k).

COMPANIES In 2023, leading companies such as Composite Technology International (1) were at the forefront of shipping Plastic Building Materials from Malaysia to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)MYR-6.79M(-17.8%)
IMPORT GROWTH (November 2023 - November 2024)MYR432k(2.67%)
MAIN DESTINATION (November 2024)SingaporeMYR11M

This section shows Plastic Building Materials'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 Plastic Building Materials over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$91.4M
IMPORTS (2023)$82.3M
NET TRADE (2023)$9.14M

In 2023, Malaysia exported $91.4M in Plastic Building Materials. The main destinations of Malaysia exports on Plastic Building Materials were Singapore ($28.4M), United States ($7.49M), Australia ($6.8M), Saudi Arabia ($6.18M), and Indonesia ($5.29M).

In 2023, Malaysia imported $82.3M in Plastic Building Materials, mainly from China ($69.8M), Vietnam ($2.89M), Singapore ($2.11M), South Korea ($1.6M), and United States ($1.35M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Plastic Building Materials EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
Saudi Arabia$2.7M (77.7%)
Indonesia$1.36M (34.6%)
Denmark$1.16M (459%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plastic Building Materials BY Malaysia WERE (2022 - 2023):
United States-$17.5M (-70%)
Australia-$6.15M (-47.5%)
Singapore-$5.62M (-16.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Plastic Building Materials were:
China $2.63B
Germany $1.81B
Poland $1.41B
In 2023, Malaysia's main importing competitors in Plastic Building Materials were:

Explore Visualizations

Trade Value of Plastic Building Materials by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $7.84M
TOP IMPORT POTENTIALGermany+ $1.88M

Plastic Building Materials’s highest export potential is United States. With an export gap of $7.84M.   Plastic Building Materials’s highest import potential is Germany with an import gap of $1.88M.

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