2023
Exports
$1.1MWorld Rnk 34 / 123
Flag Rnk 942 / 1208
2023
PRODUCT COMPLEXITY IN Textile Fiber Machinery
1.55Rnk 36 / 1025
2023
Imports
$16.2MWorld Rnk 28 / 183
Flag Rnk 722 / 1211
2023
ECONOMIC COMPLEXITY of Malaysia
1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $1.1M in Textile Fiber Machinery, making it the 34th largest exporter of Textile Fiber Machinery in the world. At the same year, Textile Fiber Machinery was the 942nd most exported product in Malaysia. The main destination of Textile Fiber Machinery exports from Malaysia are: Thailand ($756k), Indonesia ($78.3k), France ($68.1k), United Arab Emirates ($56.9k), and Bangladesh ($54.4k).

The fastest growing export markets for Textile Fiber Machinery of Malaysia between 2022 and 2023 were Thailand ($699k), France ($68.1k), and South Korea ($8.99k).

Imports In 2023, Malaysia imported $16.2M in Textile Fiber Machinery, becoming the 28th largest importer of Textile Fiber Machinery in the world. At the same year, Textile Fiber Machinery was the 722nd most imported product in Malaysia. Malaysia imports Textile Fiber Machinery primarily from: China ($9.03M), Germany ($1.64M), Czechia ($1.36M), Switzerland ($1.29M), and Vietnam ($915k).

The fastest growing import markets in Textile Fiber Machinery for Malaysia between 2022 and 2023 were Germany ($1.64M), Czechia ($936k), and Vietnam ($910k).

Latest Trends

October 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - October 2024)MYR-86.4k(-11.2%)
IMPORT GROWTH (November 2023 - November 2024)MYR5.38M(1.57k%)
MAIN DESTINATION (October 2024)

This section shows Textile Fiber Machinery'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 Textile Fiber Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.1M
IMPORTS (2023)$16.2M
NET TRADE (2023)-$15.1M

In 2023, Malaysia exported $1.1M in Textile Fiber Machinery. The main destinations of Malaysia exports on Textile Fiber Machinery were Thailand ($756k), Indonesia ($78.3k), France ($68.1k), United Arab Emirates ($56.9k), and Bangladesh ($54.4k).

In 2023, Malaysia imported $16.2M in Textile Fiber Machinery, mainly from China ($9.03M), Germany ($1.64M), Czechia ($1.36M), Switzerland ($1.29M), and Vietnam ($915k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Textile Fiber Machinery EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
Thailand$699k (1.23k%)
France$68.1k (1%)
South Korea$8.99k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Textile Fiber Machinery BY Malaysia WERE (2022 - 2023):
China-$2.62M (-100%)
Pakistan-$2.58M (-100%)
India-$575k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Textile Fiber Machinery were:
In 2023, Malaysia's main importing competitors in Textile Fiber Machinery were:
China $627M
India $514M

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Trade Value of Textile Fiber Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.48M
TOP IMPORT POTENTIALChina+ $1.21M

Textile Fiber Machinery’s highest export potential is China. With an export gap of $1.48M.   Textile Fiber Machinery’s highest import potential is China with an import gap of $1.21M.

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