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2023
Exports $25.3MWorld Rnk 5 / 97
Flag Rnk 467 / 1208
2023
Destination $4.91M China
2022 - 2023
FASTEST GROWING MARKET $4.91MChina
2023
Imports $5.7MWorld Rnk 17 / 166
Flag Rnk 891 / 1211
2023
Origin $2.43M United States
2022 - 2023
FASTEST GROWING ORIGIN $2.43MUnited States
2023
ECONOMIC COMPLEXITY of Malaysia1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $25.3M in Reclaimed Rubber, making it the 5th largest exporter of Reclaimed Rubber in the world. At the same year, Reclaimed Rubber was the 467th most exported product in Malaysia. The main destination of Reclaimed Rubber exports from Malaysia are: China ($16.1M), South Korea ($1.86M), United States ($1.56M), Indonesia ($1.55M), and Vietnam ($1.21M).

The fastest growing export markets for Reclaimed Rubber of Malaysia between 2022 and 2023 were China ($4.91M), United States ($404k), and Chinese Taipei ($52.7k).

Imports In 2023, Malaysia imported $5.7M in Reclaimed Rubber, becoming the 17th largest importer of Reclaimed Rubber in the world. At the same year, Reclaimed Rubber was the 891st most imported product in Malaysia. Malaysia imports Reclaimed Rubber primarily from: United States ($2.5M), China ($1.32M), Vietnam ($519k), Japan ($202k), and South Korea ($171k).

The fastest growing import markets in Reclaimed Rubber for Malaysia between 2022 and 2023 were United States ($2.43M), South Korea ($159k), and Japan ($140k).

Latest Trends

November 2024

About

Overview In November 2024 Malaysia's Reclaimed Rubber exports accounted up to MYR9.56M and imports accounted up to MYR1.83M, resulting in a positive trade balance of MYR7.73M. Between November 2023 and November 2024 the exports of Malaysia's   Reclaimed Rubber have decreased by MYR-2.6M (-21.4%) from MYR12.2M to MYR9.56M, while imports decreased by MYR-433k (-19.1%) from MYR2.26M to MYR1.83M.

Destinations In November 2024, Reclaimed Rubber were exported mostly to China (MYR6.59M), Indonesia (MYR1.11M), South Korea (MYR769k), Vietnam (MYR261k), and Philippines (MYR212k), and were imported mostly from United States (MYR625k), China (MYR423k), Japan (MYR288k), Belgium (MYR154k), and Vietnam (MYR134k).

Growth In November 2024, the decrease in Reclaimed Rubber's year-by-year exports was explained primarily by a decrease in exports to South Korea (MYR-970k or -65.8%), Indonesia (MYR-524k or -74.6%), and Pakistan (MYR-330k or -89.1%). In November 2024, the decrease in Reclaimed Rubber's year-by-year imports was explained primarily by a decrease in imports from China (MYR-960k or -81.3%) and Vietnam (MYR-391k or -73.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)MYR-2.6M(-21.4%)
IMPORT GROWTH (November 2023 - November 2024)MYR-433k(-19.1%)
MAIN DESTINATION (November 2024)ChinaMYR6.59M

This section shows Reclaimed Rubber'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 Reclaimed Rubber over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$25.3M
IMPORTS (2023)$5.7M
NET TRADE (2023)$19.6M

In 2023, Malaysia exported $25.3M in Reclaimed Rubber. The main destinations of Malaysia exports on Reclaimed Rubber were China ($16.1M), South Korea ($1.86M), United States ($1.56M), Indonesia ($1.55M), and Vietnam ($1.21M).

In 2023, Malaysia imported $5.7M in Reclaimed Rubber, mainly from United States ($2.5M), China ($1.32M), Vietnam ($519k), Japan ($202k), and South Korea ($171k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Reclaimed Rubber EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
China$4.91M (43.8%)
United States$404k (35.1%)
Chinese Taipei$52.7k (675%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Reclaimed Rubber BY Malaysia WERE (2022 - 2023):
Pakistan-$1.15M (-83.7%)
Indonesia-$652k (-29.6%)
Vietnam-$529k (-30.4%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Reclaimed Rubber were:
India $79.9M
Canada $78.4M
China $53.5M
In 2023, Malaysia's main importing competitors in Reclaimed Rubber were:
China $96.7M
United States $94.8M
South Korea $17.4M

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Trade Value of Reclaimed Rubber by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $643k
TOP IMPORT POTENTIALIndia+ $247k

Reclaimed Rubber’s highest export potential is United States. With an export gap of $643k.   Reclaimed Rubber’s highest import potential is India with an import gap of $247k.

See methodology.

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