Rubber Belting in Malaysia | The Observatory of Economic Complexity

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Exports In 2022, Malaysia exported $19.6M in Rubber Belting, making it the 36th largest exporter of Rubber Belting in the world. At the same year, Rubber Belting was the 528th most exported product in Malaysia. The main destination of Rubber Belting exports from Malaysia are: Turkey ($5.14M), Singapore ($3.44M), China ($1.32M), Vietnam ($906k), and Hong Kong ($873k).

The fastest growing export markets for Rubber Belting of Malaysia between 2021 and 2022 were Turkey ($1.78M), Singapore ($852k), and Poland ($686k).

Imports In 2022, Malaysia imported $54.9M in Rubber Belting, becoming the 35th largest importer of Rubber Belting in the world. At the same year, Rubber Belting was the 494th most imported product in Malaysia. Malaysia imports Rubber Belting primarily from: China ($32.8M), Singapore ($9.34M), Thailand ($2.32M), Japan ($2.1M), and Germany ($1.85M).

The fastest growing import markets in Rubber Belting for Malaysia between 2021 and 2022 were China ($1.98M), Singapore ($1.22M), and India ($424k).

COMPANIES In 2019, leading companies such as were at the forefront of shipping Rubber Belting from Malaysia to the United States.

Latest Trends

September 2020

About

Overview In September 2020 Malaysia's Rubber Belting exports accounted up to MYR2.82M and imports accounted up to MYR11.3M, resulting in a negative trade balance of MYR8.5M. Between September 2019 and September 2020 the exports of Malaysia's Rubber Belting have decreased by MYR-780k (-21.7%) from MYR3.6M to MYR2.82M, while imports decreased by MYR-132k (-1.15%) from MYR11.4M to MYR11.3M.

Destinations In September 2020, Rubber Belting were exported mostly to Singapore (MYR894k), China (MYR697k), Chinese Taipei (MYR295k), Christmas Island (MYR269k), and Turkey (MYR222k), and were imported mostly from China (MYR4.09M), Japan (MYR1.95M), Thailand (MYR929k), Singapore (MYR856k), and United States (MYR763k).

Growth In September 2020, the decrease in Rubber Belting's year-by-year exports was explained primarily by a decrease in exports to Singapore (MYR-435k or -25.8%), Indonesia (MYR-244k or -99.5%), and China (MYR-49.1k or -13.7%). In September 2020, the decrease in Rubber Belting's year-by-year imports was explained primarily by a decrease in imports from United States (MYR-5.75M or -82.4%), China (MYR-1.01M or -12.5%), and Vietnam (MYR-203k or -87.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2019 - September 2020)MYR-780k(-21.7%)

IMPORT GROWTH (September 2019 - September 2020)MYR-132k(-1.15%)

MAIN DESTINATION (September 2020)SingaporeMYR894k

This section shows Rubber Belting'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 Rubber Belting over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$19.6M

IMPORTS (2022)$54.9M

NET TRADE (2022)-$35.3M

In 2022, Malaysia exported $19.6M in Rubber Belting. The main destinations of Malaysia exports on Rubber Belting were Turkey ($5.14M), Singapore ($3.44M), China ($1.32M), Vietnam ($906k), and Hong Kong ($873k).

In 2022, Malaysia imported $54.9M in Rubber Belting, mainly from China ($32.8M), Singapore ($9.34M), Thailand ($2.32M), Japan ($2.1M), and Germany ($1.85M).

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