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2022
Exports $146MWorld Rnk 30 / 200
Flag Rnk 231 / 1198
2022
Destination $22.8M China
2021 - 2022
FASTEST GROWING MARKET $22.8MChina
2022
PRODUCT COMPLEXITY IN Scrap Aluminium-0.74Rnk 767 / 1025
2022
Imports $1BWorld Rnk 7 / 157
Flag Rnk 48 / 1203
2022
Origin $14.1M United States
2021 - 2022
FASTEST GROWING ORIGIN $14.1MGermany
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $146M in Scrap Aluminium, making it the 30th largest exporter of Scrap Aluminium in the world. At the same year, Scrap Aluminium was the 231st most exported product in Malaysia. The main destination of Scrap Aluminium exports from Malaysia are: China ($70.4M), South Korea ($21M), India ($17M), Vietnam ($10.6M), and Japan ($9.94M).

The fastest growing export markets for Scrap Aluminium of Malaysia between 2021 and 2022 were China ($22.8M), Vietnam ($9.17M), and India ($6.21M).

Imports In 2022, Malaysia imported $1B in Scrap Aluminium, becoming the 7th largest importer of Scrap Aluminium in the world. At the same year, Scrap Aluminium was the 48th most imported product in Malaysia. Malaysia imports Scrap Aluminium primarily from: United States ($650M), Japan ($65M), Canada ($52.4M), Australia ($39.8M), and Germany ($23.9M).

The fastest growing import markets in Scrap Aluminium for Malaysia between 2021 and 2022 were Germany ($14.1M), Japan ($5.04M), and Chinese Taipei ($4.13M).

COMPANIES In 2023, leading companies such as Wistron (5), Yaheetech (2), and Panasonic (1) were at the forefront of shipping Scrap Aluminium from Malaysia to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Scrap Aluminium exports accounted up to MYR4.89M and imports accounted up to MYR182M, resulting in a negative trade balance of MYR177M. Between June 2023 and June 2024 the exports of Malaysia's   Scrap Aluminium have increased by MYR2.69M (122%) from MYR2.2M to MYR4.89M, while imports increased by MYR5.99M (3.41%) from MYR176M to MYR182M.

Destinations In June 2024, Scrap Aluminium were exported mostly to Japan (MYR2M), Germany (MYR1.77M), China (MYR1.1M), and India (MYR19.9k), and were imported mostly from United States (MYR139M), Singapore (MYR16.7M), Canada (MYR10.3M), Colombia (MYR4.18M), and Mexico (MYR2.55M).

Growth In June 2024, the increase in Scrap Aluminium's year-by-year exports was explained primarily by an increase in exports to . In June 2024, the increase in Scrap Aluminium's year-by-year imports was explained primarily by an increase in imports from Colombia (MYR5.6M or 1.89k%), Australia (MYR2.33M or 234%), and Philippines (MYR1.74M or 303%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR2.69M(122%)
IMPORT GROWTH (June 2023 - June 2024)MYR5.99M(3.41%)
MAIN DESTINATION (June 2024)JapanMYR2M

This section shows Scrap Aluminium'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 Scrap Aluminium over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$146M
IMPORTS (2022)$1B
NET TRADE (2022)-$858M

In 2022, Malaysia exported $146M in Scrap Aluminium. The main destinations of Malaysia exports on Scrap Aluminium were China ($70.4M), South Korea ($21M), India ($17M), Vietnam ($10.6M), and Japan ($9.94M).

In 2022, Malaysia imported $1B in Scrap Aluminium, mainly from United States ($650M), Japan ($65M), Canada ($52.4M), Australia ($39.8M), and Germany ($23.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Aluminium EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
China$22.8M (48%)
Vietnam$9.17M (645%)
India$6.21M (57.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Aluminium BY Malaysia WERE (2021 - 2022):
Hong Kong-$6.38M (-49%)
Saudi Arabia-$586k (-100%)
Singapore-$428k (-99.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Scrap Aluminium were:
United States $3.83B
Germany $2.28B
Canada $1.36B
In 2022, Malaysia's main importing competitors in Scrap Aluminium were:
India $3.5B
South Korea $1.84B
Germany $1.76B

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Trade Value of Scrap Aluminium by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $37M
TOP IMPORT POTENTIALGermany+ $8.85M

Scrap Aluminium’s highest export potential is India. With an export gap of $37M.   Scrap Aluminium’s highest import potential is Germany with an import gap of $8.85M.

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