Styrene in Malaysia | The Observatory of Economic Complexity

About

Imports In 2022, Malaysia imported $132M in Styrene, becoming the 22nd largest importer of Styrene in the world. At the same year, Styrene was the 318th most imported product in Malaysia. Malaysia imports Styrene primarily from: Saudi Arabia ($75.8M), Singapore ($55.9M), Indonesia ($94.3k), South Korea ($21.7k), and Japan ($9.11k).

The fastest growing import markets in Styrene for Malaysia between 2021 and 2022 were Saudi Arabia ($22.4M), South Korea ($13k), and Japan ($3.94k).

COMPANIES In 2023, leading companies such as Halyard Health (1.33k), Coaster Fine Furniture (890), and Motorola (838) were at the forefront of shipping Styrene from Malaysia to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Malaysia's Styrene exports accounted up to MYR32.9M and imports accounted up to MYR78M, resulting in a negative trade balance of MYR45.1M. Between July 2023 and July 2024 the exports of Malaysia's Styrene have increased by MYR32.5M (7.89k%) from MYR413k to MYR32.9M, while imports increased by MYR11.8M (17.8%) from MYR66.3M to MYR78M.

Destinations In July 2024, Styrene were exported mostly to China (MYR17M), Vietnam (MYR15.4M), Indonesia (MYR249k), Bangladesh (MYR137k), and Singapore (MYR106k), and were imported mostly from Saudi Arabia (MYR52.5M), Singapore (MYR24.9M), Chinese Taipei (MYR614k), and Germany (MYR243).

Growth In July 2024, the increase in Styrene's year-by-year exports was explained primarily by an increase in exports to Sri Lanka (MYR73.3k or 67.6%). In July 2024, the increase in Styrene's year-by-year imports was explained primarily by an increase in imports from Saudi Arabia (MYR18M or 74.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (July 2023 - July 2024)MYR32.5M(7.89k%)

IMPORT GROWTH (July 2023 - July 2024)MYR11.8M(17.8%)

MAIN DESTINATION (July 2024)ChinaMYR17M

This section shows Styrene'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 Styrene over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$72.6M

IMPORTS (2022)$132M

NET TRADE (2022)-$59.2M

In 2022, Malaysia imported $132M in Styrene, mainly from Saudi Arabia ($75.8M), Singapore ($55.9M), Indonesia ($94.3k), South Korea ($21.7k), and Japan ($9.11k).

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