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2023
Exports $8.62MWorld Rnk 25 / 119
Flag Rnk 644 / 1208
2023
Destination $445k Togo
2022 - 2023
FASTEST GROWING MARKET $445kChina
2023
PRODUCT COMPLEXITY IN Synthetic Monofilament0.29Rnk 464 / 1025
2023
Imports $20.8MWorld Rnk 19 / 198
Flag Rnk 665 / 1211
2023
Origin $704k China
2022 - 2023
FASTEST GROWING ORIGIN $704kIndia
2023
ECONOMIC COMPLEXITY of Malaysia1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $8.62M in Synthetic Monofilament, making it the 25th largest exporter of Synthetic Monofilament in the world. At the same year, Synthetic Monofilament was the 644th most exported product in Malaysia. The main destination of Synthetic Monofilament exports from Malaysia are: Togo ($4.48M), Indonesia ($2.57M), China ($711k), United States ($203k), and Singapore ($147k).

The fastest growing export markets for Synthetic Monofilament of Malaysia between 2022 and 2023 were China ($445k), United Kingdom ($79.2k), and Chinese Taipei ($35.6k).

Imports In 2023, Malaysia imported $20.8M in Synthetic Monofilament, becoming the 19th largest importer of Synthetic Monofilament in the world. At the same year, Synthetic Monofilament was the 665th most imported product in Malaysia. Malaysia imports Synthetic Monofilament primarily from: China ($8M), United States ($5.77M), Germany ($3.8M), India ($1.19M), and Portugal ($805k).

The fastest growing import markets in Synthetic Monofilament for Malaysia between 2022 and 2023 were India ($704k), China ($484k), and South Korea ($107k).

Latest Trends

November 2024

About

Overview In November 2024 Malaysia's Synthetic Monofilament exports accounted up to MYR196k and imports accounted up to MYR8.07M, resulting in a negative trade balance of MYR7.87M. Between November 2023 and November 2024 the exports of Malaysia's   Synthetic Monofilament have increased by MYR39.7k (25.4%) from MYR156k to MYR196k, while imports increased by MYR2.71M (50.5%) from MYR5.36M to MYR8.07M.

Destinations In November 2024, Synthetic Monofilament were exported mostly to China (MYR77.9k), Singapore (MYR75.3k), Germany (MYR29.8k), Indonesia (MYR10.3k), and Thailand (MYR1.44k), and were imported mostly from China (MYR2.91M), United States (MYR2.16M), Germany (MYR1.63M), India (MYR909k), and Thailand (MYR277k).

Growth In November 2024, the increase in Synthetic Monofilament's year-by-year exports was explained primarily by an increase in exports to . In November 2024, the increase in Synthetic Monofilament's year-by-year imports was explained primarily by an increase in imports from Germany (MYR3.37M or 240%), Portugal (MYR1.27M or 455%), and India (MYR537k or 608%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)MYR39.7k(25.4%)
IMPORT GROWTH (November 2023 - November 2024)MYR2.71M(50.5%)
MAIN DESTINATION (November 2024)ChinaMYR77.9k

This section shows Synthetic Monofilament'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 Synthetic Monofilament over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$8.62M
IMPORTS (2023)$20.8M
NET TRADE (2023)-$12.2M

In 2023, Malaysia exported $8.62M in Synthetic Monofilament. The main destinations of Malaysia exports on Synthetic Monofilament were Togo ($4.48M), Indonesia ($2.57M), China ($711k), United States ($203k), and Singapore ($147k).

In 2023, Malaysia imported $20.8M in Synthetic Monofilament, mainly from China ($8M), United States ($5.77M), Germany ($3.8M), India ($1.19M), and Portugal ($805k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Synthetic Monofilament EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
China$445k (167%)
United Kingdom$79.2k (3.76k%)
Chinese Taipei$35.6k (56.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Monofilament BY Malaysia WERE (2022 - 2023):
Togo-$6.64M (-59.7%)
Indonesia-$3.68M (-58.9%)
Nigeria-$47.6k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Synthetic Monofilament were:
Germany $305M
China $230M
United States $184M
In 2023, Malaysia's main importing competitors in Synthetic Monofilament were:
United States $216M
China $177M
Mexico $99.6M

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Trade Value of Synthetic Monofilament by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $419k
TOP IMPORT POTENTIALChina+ $1.35M

Synthetic Monofilament’s highest export potential is China. With an export gap of $419k.   Synthetic Monofilament’s highest import potential is China with an import gap of $1.35M.

See methodology.

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