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2022
Exports $19.8MWorld Rnk 31 / 141
Flag Rnk 527 / 1198
2022
Destination $1.38M Papua New Guinea
2021 - 2022
FASTEST GROWING MARKET $1.38MPapua New Guinea
2022
PRODUCT COMPLEXITY IN Sulfates-0.37Rnk 666 / 1025
2022
Imports $98.6MWorld Rnk 16 / 208
Flag Rnk 365 / 1203
2022
Origin $5.16M China
2021 - 2022
FASTEST GROWING ORIGIN $5.16MFinland
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $19.8M in Sulfates, making it the 31st largest exporter of Sulfates in the world. At the same year, Sulfates was the 527th most exported product in Malaysia. The main destination of Sulfates exports from Malaysia are: Papua New Guinea ($2.29M), United States ($2.2M), Singapore ($1.95M), Chinese Taipei ($1.8M), and Vietnam ($1.78M).

The fastest growing export markets for Sulfates of Malaysia between 2021 and 2022 were Papua New Guinea ($1.38M), United States ($989k), and New Zealand ($975k).

Imports In 2022, Malaysia imported $98.6M in Sulfates, becoming the 16th largest importer of Sulfates in the world. At the same year, Sulfates was the 365th most imported product in Malaysia. Malaysia imports Sulfates primarily from: China ($44.5M), Finland ($16M), Japan ($9.73M), Chinese Taipei ($5.46M), and Thailand ($3.26M).

The fastest growing import markets in Sulfates for Malaysia between 2021 and 2022 were Finland ($5.16M), China ($4.89M), and Japan ($2.28M).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Sulfates exports accounted up to MYR7.32M and imports accounted up to MYR32.8M, resulting in a negative trade balance of MYR25.5M. Between June 2023 and June 2024 the exports of Malaysia's   Sulfates have decreased by MYR-4.81M (-39.6%) from MYR12.1M to MYR7.32M, while imports decreased by MYR-7.99M (-19.6%) from MYR40.8M to MYR32.8M.

Destinations In June 2024, Sulfates were exported mostly to India (MYR1.28M), Singapore (MYR976k), Cote d'Ivoire (MYR860k), Australia (MYR839k), and Indonesia (MYR671k), and were imported mostly from China (MYR17.5M), Finland (MYR4.09M), Japan (MYR2.39M), Chinese Taipei (MYR1.81M), and Italy (MYR1.18M).

Growth In June 2024, the decrease in Sulfates's year-by-year exports was explained primarily by a decrease in exports to South Africa (MYR-375k or -86.6%), Thailand (MYR-342k or -49%), and Indonesia (MYR-319k or -77.6%). In June 2024, the decrease in Sulfates's year-by-year imports was explained primarily by a decrease in imports from Finland (MYR-5.42M or -61.1%), Singapore (MYR-848k or -91%), and Vietnam (MYR-804k or -60.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR-4.81M(-39.6%)
IMPORT GROWTH (June 2023 - June 2024)MYR-7.99M(-19.6%)
MAIN DESTINATION (June 2024)IndiaMYR1.28M

This section shows Sulfates'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 Sulfates over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$19.8M
IMPORTS (2022)$98.6M
NET TRADE (2022)-$78.8M

In 2022, Malaysia exported $19.8M in Sulfates. The main destinations of Malaysia exports on Sulfates were Papua New Guinea ($2.29M), United States ($2.2M), Singapore ($1.95M), Chinese Taipei ($1.8M), and Vietnam ($1.78M).

In 2022, Malaysia imported $98.6M in Sulfates, mainly from China ($44.5M), Finland ($16M), Japan ($9.73M), Chinese Taipei ($5.46M), and Thailand ($3.26M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sulfates EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Papua New Guinea$1.38M (151%)
United States$989k (82%)
New Zealand$975k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sulfates BY Malaysia WERE (2021 - 2022):
China-$1.38M (-86.1%)
India-$1.34M (-66.2%)
Belgium-$802k (-90.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Sulfates were:
China $1.65B
Chinese Taipei $580M
South Africa $563M
In 2022, Malaysia's main importing competitors in Sulfates were:
Japan $860M
China $672M
Belgium $659M

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Trade Value of Sulfates by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $1.1M
TOP IMPORT POTENTIALChina+ $2.81M

Sulfates’s highest export potential is Indonesia. With an export gap of $1.1M.   Sulfates’s highest import potential is China with an import gap of $2.81M.

See methodology.

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