2023
Exports
$2.72MWorld Rnk 37 / 98
Flag Rnk 833 / 1208
2023
PRODUCT COMPLEXITY IN Precious Metal Compounds
0.8Rnk 254 / 1025
2023
Imports
$296MWorld Rnk 8 / 184
Flag Rnk 148 / 1211
2023
ECONOMIC COMPLEXITY of Malaysia
1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $2.72M in Precious Metal Compounds, making it the 37th largest exporter of Precious Metal Compounds in the world. At the same year, Precious Metal Compounds was the 833rd most exported product in Malaysia. The main destination of Precious Metal Compounds exports from Malaysia are: Japan ($1.6M), Singapore ($476k), Indonesia ($256k), Austria ($182k), and Thailand ($124k).

The fastest growing export markets for Precious Metal Compounds of Malaysia between 2022 and 2023 were Austria ($182k), Singapore ($113k), and Thailand ($37.4k).

Imports In 2023, Malaysia imported $296M in Precious Metal Compounds, becoming the 8th largest importer of Precious Metal Compounds in the world. At the same year, Precious Metal Compounds was the 148th most imported product in Malaysia. Malaysia imports Precious Metal Compounds primarily from: United Kingdom ($175M), Singapore ($30.8M), Japan ($27.7M), South Korea ($20.4M), and Germany ($19M).

The fastest growing import markets in Precious Metal Compounds for Malaysia between 2022 and 2023 were South Korea ($19.4M), Switzerland ($628k), and China ($442k).

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)MYR927k(87.3%)
IMPORT GROWTH (November 2023 - November 2024)MYR33.9M(37.5%)
MAIN DESTINATION (November 2024)JapanMYR1.62M

This section shows Precious Metal Compounds'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 Precious Metal Compounds over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$2.72M
IMPORTS (2023)$296M
NET TRADE (2023)-$293M

In 2023, Malaysia exported $2.72M in Precious Metal Compounds. The main destinations of Malaysia exports on Precious Metal Compounds were Japan ($1.6M), Singapore ($476k), Indonesia ($256k), Austria ($182k), and Thailand ($124k).

In 2023, Malaysia imported $296M in Precious Metal Compounds, mainly from United Kingdom ($175M), Singapore ($30.8M), Japan ($27.7M), South Korea ($20.4M), and Germany ($19M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Compounds EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
Austria$182k (1%)
Singapore$113k (30.9%)
Thailand$37.4k (43%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Compounds BY Malaysia WERE (2022 - 2023):
Japan-$108k (-6.34%)
Indonesia-$24.8k (-8.83%)
Philippines-$20.5k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Precious Metal Compounds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSingapore+ $389k
TOP IMPORT POTENTIALUnited States+ $6.75M

Precious Metal Compounds’s highest export potential is Singapore. With an export gap of $389k.   Precious Metal Compounds’s highest import potential is United States with an import gap of $6.75M.

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