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2022
Exports $14.5MWorld Rnk 22 / 118
Flag Rnk 574 / 1198
2022
Destination $6.91M Togo
2021 - 2022
FASTEST GROWING MARKET $6.91MTogo
2022
PRODUCT COMPLEXITY IN Synthetic Monofilament0.15Rnk 502 / 1025
2022
Imports $25.9MWorld Rnk 18 / 200
Flag Rnk 652 / 1203
2022
Origin $2.42M China
2021 - 2022
FASTEST GROWING ORIGIN $2.42MGermany
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $14.5M in Synthetic Monofilament, making it the 22nd largest exporter of Synthetic Monofilament in the world. At the same year, Synthetic Monofilament was the 574th most exported product in Malaysia. The main destination of Synthetic Monofilament exports from Malaysia are: Togo ($10.6M), Indonesia ($1.98M), Singapore ($723k), China ($266k), and United States ($216k).

The fastest growing export markets for Synthetic Monofilament of Malaysia between 2021 and 2022 were Togo ($6.91M), Singapore ($398k), and China ($95.5k).

Imports In 2022, Malaysia imported $25.9M in Synthetic Monofilament, becoming the 18th largest importer of Synthetic Monofilament in the world. At the same year, Synthetic Monofilament was the 652nd most imported product in Malaysia. Malaysia imports Synthetic Monofilament primarily from: China ($9.43M), United States ($6.27M), Germany ($4.95M), Portugal ($1.52M), and United Arab Emirates ($1.11M).

The fastest growing import markets in Synthetic Monofilament for Malaysia between 2021 and 2022 were Germany ($2.42M), United States ($469k), and United Arab Emirates ($410k).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Synthetic Monofilament exports accounted up to MYR101k and imports accounted up to MYR6.09M, resulting in a negative trade balance of MYR5.99M. Between June 2023 and June 2024 the exports of Malaysia's   Synthetic Monofilament have decreased by MYR-2.62M (-96.3%) from MYR2.72M to MYR101k, while imports decreased by MYR-1.95M (-24.3%) from MYR8.04M to MYR6.09M.

Destinations In June 2024, Synthetic Monofilament were exported mostly to Singapore (MYR73.8k), Saudi Arabia (MYR25.8k), Mauritius (MYR1.53k), Hong Kong (MYR168), and Indonesia (MYR93), and were imported mostly from China (MYR2.58M), United States (MYR1.38M), India (MYR1.35M), Germany (MYR294k), and Vietnam (MYR150k).

Growth In June 2024, the decrease in Synthetic Monofilament's year-by-year exports was explained primarily by a decrease in exports to Singapore (MYR-271k or -72.2%) and Australia (MYR-20.7k or -89.5%). In June 2024, the decrease in Synthetic Monofilament's year-by-year imports was explained primarily by a decrease in imports from China (MYR-2.19M or -67.1%), Thailand (MYR-9.55k or -26.4%), and Indonesia (MYR-9.3k or -12%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR-2.62M(-96.3%)
IMPORT GROWTH (June 2023 - June 2024)MYR-1.95M(-24.3%)
MAIN DESTINATION (June 2024)SingaporeMYR73.8k

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 (2022)$14.5M
IMPORTS (2022)$25.9M
NET TRADE (2022)-$11.5M

In 2022, Malaysia exported $14.5M in Synthetic Monofilament. The main destinations of Malaysia exports on Synthetic Monofilament were Togo ($10.6M), Indonesia ($1.98M), Singapore ($723k), China ($266k), and United States ($216k).

In 2022, Malaysia imported $25.9M in Synthetic Monofilament, mainly from China ($9.43M), United States ($6.27M), Germany ($4.95M), Portugal ($1.52M), and United Arab Emirates ($1.11M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Synthetic Monofilament EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Togo$6.91M (188%)
Singapore$398k (123%)
China$95.5k (55.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Monofilament BY Malaysia WERE (2021 - 2022):
Indonesia-$483k (-19.6%)
Netherlands-$349k (-87.9%)
Australia-$97.2k (-38.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Synthetic Monofilament were:
Germany $352M
China $307M
United States $185M
In 2022, Malaysia's main importing competitors in Synthetic Monofilament were:
United States $293M
China $143M
Mexico $102M

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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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