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2022
Exports $45.3MWorld Rnk 6 / 129
Flag Rnk 388 / 1198
2022
Destination $12.3M India
2021 - 2022
FASTEST GROWING MARKET $12.3MIndia
2022
PRODUCT COMPLEXITY IN Scrap Waste-0.6Rnk 727 / 1025
2022
Imports $169MWorld Rnk 2 / 84
Flag Rnk 262 / 1203
2022
Origin $86.5M United States
2021 - 2022
FASTEST GROWING ORIGIN $86.5MUnited States
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $45.3M in Scrap Waste, making it the 6th largest exporter of Scrap Waste in the world. At the same year, Scrap Waste was the 388th most exported product in Malaysia. The main destination of Scrap Waste exports from Malaysia are: India ($32.8M), Japan ($3.93M), Bangladesh ($3.08M), South Korea ($2.1M), and China ($1.89M).

The fastest growing export markets for Scrap Waste of Malaysia between 2021 and 2022 were India ($12.3M), Bangladesh ($2.22M), and Japan ($1.52M).

Imports In 2022, Malaysia imported $169M in Scrap Waste, becoming the 2nd largest importer of Scrap Waste in the world. At the same year, Scrap Waste was the 262nd most imported product in Malaysia. Malaysia imports Scrap Waste primarily from: United States ($94M), Singapore ($16.3M), Germany ($11.4M), Spain ($9.16M), and Canada ($8.1M).

The fastest growing import markets in Scrap Waste for Malaysia between 2021 and 2022 were United States ($86.5M), Spain ($8.73M), and Singapore ($6.9M).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Scrap Waste exports accounted up to MYR25.1M and imports accounted up to MYR117k, resulting in a positive trade balance of MYR25M. Between June 2023 and June 2024 the exports of Malaysia's   Scrap Waste have increased by MYR12.4M (97.2%) from MYR12.8M to MYR25.1M, while imports decreased by MYR-29.4M (-99.6%) from MYR29.5M to MYR117k.

Destinations In June 2024, Scrap Waste were exported mostly to India (MYR19.8M), China (MYR2.01M), Japan (MYR1.62M), Thailand (MYR668k), and Bangladesh (MYR602k), and were imported mostly from Germany (MYR48.7k), Italy (MYR16.6k), Slovenia (MYR16.6k), Australia (MYR12.6k), and China (MYR11.3k).

Growth In June 2024, the increase in Scrap Waste's year-by-year exports was explained primarily by an increase in exports to Japan (MYR538k or 50%) and Thailand (MYR80.4k or 227%). In June 2024, the decrease in Scrap Waste's year-by-year imports was explained primarily by a decrease in imports from United States (MYR-11.8M or -76.1%), Japan (MYR-7.32M or -87.3%), and Singapore (MYR-6.24M or -99.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR12.4M(97.2%)
IMPORT GROWTH (June 2023 - June 2024)MYR-29.4M(-99.6%)
MAIN DESTINATION (June 2024)IndiaMYR19.8M

This section shows Scrap Waste'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 Waste over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$45.3M
IMPORTS (2022)$169M
NET TRADE (2022)-$123M

In 2022, Malaysia exported $45.3M in Scrap Waste. The main destinations of Malaysia exports on Scrap Waste were India ($32.8M), Japan ($3.93M), Bangladesh ($3.08M), South Korea ($2.1M), and China ($1.89M).

In 2022, Malaysia imported $169M in Scrap Waste, mainly from United States ($94M), Singapore ($16.3M), Germany ($11.4M), Spain ($9.16M), and Canada ($8.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Waste EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
India$12.3M (60.2%)
Bangladesh$2.22M (258%)
Japan$1.52M (63%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Waste BY Malaysia WERE (2021 - 2022):
China-$8.13M (-81.1%)
Vietnam-$3.1M (-100%)
Nepal-$241k (-55.2%)
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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 Waste were:
United States $182M
France $140M
Germany $129M
In 2022, Malaysia's main importing competitors in Scrap Waste were:
India $258M
Italy $167M

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Trade Value of Scrap Waste by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $372k
TOP IMPORT POTENTIALFrance+ $906k

Scrap Waste’s highest export potential is China. With an export gap of $372k.   Scrap Waste’s highest import potential is France with an import gap of $906k.

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