2022
Exports
$3.97MWorld Rnk 31 / 155
Flag Rnk 785 / 1198
2022
PRODUCT COMPLEXITY IN Safes
0.76Rnk 261 / 1025
2022
Imports
$11.8MWorld Rnk 25 / 216
Flag Rnk 806 / 1203
2022
ECONOMIC COMPLEXITY of Malaysia
1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $3.97M in Safes, making it the 31st largest exporter of Safes in the world. At the same year, Safes was the 785th most exported product in Malaysia. The main destination of Safes exports from Malaysia are: Australia ($385k), Cambodia ($367k), Philippines ($291k), Thailand ($284k), and India ($273k).

The fastest growing export markets for Safes of Malaysia between 2021 and 2022 were India ($260k), Philippines ($216k), and Cambodia ($183k).

Imports In 2022, Malaysia imported $11.8M in Safes, becoming the 25th largest importer of Safes in the world. At the same year, Safes was the 806th most imported product in Malaysia. Malaysia imports Safes primarily from: China ($9.66M), South Korea ($1.28M), United States ($294k), Indonesia ($243k), and Thailand ($99.1k).

The fastest growing import markets in Safes for Malaysia between 2021 and 2022 were China ($3.95M), South Korea ($670k), and United States ($274k).

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR1.4k(0.097%)
IMPORT GROWTH (June 2023 - June 2024)MYR-379k(-22.1%)
MAIN DESTINATION (June 2024)AustraliaMYR918k

This section shows Safes'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 Safes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.97M
IMPORTS (2022)$11.8M
NET TRADE (2022)-$7.84M

In 2022, Malaysia exported $3.97M in Safes. The main destinations of Malaysia exports on Safes were Australia ($385k), Cambodia ($367k), Philippines ($291k), Thailand ($284k), and India ($273k).

In 2022, Malaysia imported $11.8M in Safes, mainly from China ($9.66M), South Korea ($1.28M), United States ($294k), Indonesia ($243k), and Thailand ($99.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Safes EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
India$260k (1.87k%)
Philippines$216k (286%)
Cambodia$183k (99.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Safes BY Malaysia WERE (2021 - 2022):
United States-$374k (-60.9%)
New Zealand-$207k (-100%)
United Arab Emirates-$206k (-60.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Safes were:
In 2022, Malaysia's main importing competitors in Safes were:

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Trade Value of Safes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $369k
TOP IMPORT POTENTIALChina+ $919k

Safes’s highest export potential is United States. With an export gap of $369k.   Safes’s highest import potential is China with an import gap of $919k.

See methodology.

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