Silk Fabrics in Malaysia | The Observatory of Economic Complexity

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Exports In 2022, Malaysia exported $1.65M in Silk Fabrics, making it the 25th largest exporter of Silk Fabrics in the world. At the same year, Silk Fabrics was the 893rd most exported product in Malaysia. The main destination of Silk Fabrics exports from Malaysia are: Singapore ($1.11M), Brunei ($432k), Australia ($71.7k), Switzerland ($28.5k), and Turkey ($2.95k).

The fastest growing export markets for Silk Fabrics of Malaysia between 2021 and 2022 were Singapore ($626k), Brunei ($399k), and Australia ($68.3k).

Imports In 2022, Malaysia imported $7.75M in Silk Fabrics, becoming the 28th largest importer of Silk Fabrics in the world. At the same year, Silk Fabrics was the 874th most imported product in Malaysia. Malaysia imports Silk Fabrics primarily from: China ($4.96M), Singapore ($1.28M), India ($1.27M), South Korea ($75.5k), and Italy ($66.8k).

The fastest growing import markets in Silk Fabrics for Malaysia between 2021 and 2022 were Singapore ($1.04M), China ($213k), and South Korea ($75.5k).

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

Latest Trends

September 2020

About

Overview In September 2020 Malaysia's Silk Fabrics exports accounted up to MYR144k and imports accounted up to MYR478k, resulting in a negative trade balance of MYR334k. Between August 2019 and September 2020 the exports of Malaysia's Silk Fabrics have increased by MYR9.71k (7.25%) from MYR134k to MYR144k, while imports decreased by MYR-841k (-63.8%) from MYR1.32M to MYR478k.

Destinations In September 2020, Silk Fabrics were exported mostly to Singapore (MYR144k), and were imported mostly from China (MYR446k), India (MYR25.2k), and Singapore (MYR6.78k).

Growth In September 2020, the increase in Silk Fabrics's year-by-year exports was explained primarily by an increase in exports to . In September 2020, the decrease in Silk Fabrics's year-by-year imports was explained primarily by a decrease in imports from Italy (MYR-220k or -86.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2019 - September 2020)MYR9.71k(7.25%)

IMPORT GROWTH (August 2019 - September 2020)MYR-841k(-63.8%)

MAIN DESTINATION (September 2020)SingaporeMYR144k

This section shows Silk Fabrics'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 Silk Fabrics over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.65M

IMPORTS (2022)$7.75M

NET TRADE (2022)-$6.1M

In 2022, Malaysia exported $1.65M in Silk Fabrics. The main destinations of Malaysia exports on Silk Fabrics were Singapore ($1.11M), Brunei ($432k), Australia ($71.7k), Switzerland ($28.5k), and Turkey ($2.95k).

In 2022, Malaysia imported $7.75M in Silk Fabrics, mainly from China ($4.96M), Singapore ($1.28M), India ($1.27M), South Korea ($75.5k), and Italy ($66.8k).

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