Used Rubber Tires in Malaysia | The Observatory of Economic Complexity

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Exports In 2022, Malaysia exported $37.3M in Used Rubber Tires, making it the 20th largest exporter of Used Rubber Tires in the world. At the same year, Used Rubber Tires was the 418th most exported product in Malaysia. The main destination of Used Rubber Tires exports from Malaysia are: Japan ($7.77M), Australia ($5.5M), Indonesia ($5.14M), New Zealand ($3.25M), and Singapore ($3.12M).

The fastest growing export markets for Used Rubber Tires of Malaysia between 2021 and 2022 were Japan ($3.02M), Netherlands ($537k), and Hong Kong ($425k).

Imports In 2022, Malaysia imported $28.8M in Used Rubber Tires, becoming the 22nd largest importer of Used Rubber Tires in the world. At the same year, Used Rubber Tires was the 630th most imported product in Malaysia. Malaysia imports Used Rubber Tires primarily from: Japan ($10.1M), Thailand ($7.11M), China ($4.98M), Vietnam ($1.7M), and South Korea ($1.31M).

The fastest growing import markets in Used Rubber Tires for Malaysia between 2021 and 2022 were China ($1.98M), Thailand ($1.34M), and South Korea ($452k).

COMPANIES In 2019, leading companies such as were at the forefront of shipping Used Rubber Tires from Malaysia to the United States.

Latest Trends

September 2020

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Overview In September 2020 Malaysia's Used Rubber Tires exports accounted up to MYR12.2M and imports accounted up to MYR7.21M, resulting in a positive trade balance of MYR4.95M. Between September 2019 and September 2020 the exports of Malaysia's Used Rubber Tires have decreased by MYR-7.86M (-39.3%) from MYR20M to MYR12.2M, while imports decreased by MYR-1.07M (-13%) from MYR8.28M to MYR7.21M.

Destinations In September 2020, Used Rubber Tires were exported mostly to Indonesia (MYR3.47M), Singapore (MYR1.7M), Australia (MYR1.53M), Japan (MYR1.23M), and Thailand (MYR936k), and were imported mostly from Japan (MYR1.84M), Thailand (MYR1.73M), United States (MYR719k), Vietnam (MYR652k), and China (MYR581k).

Growth In September 2020, the decrease in Used Rubber Tires's year-by-year exports was explained primarily by a decrease in exports to Indonesia (MYR-1.31M or -44.9%), Singapore (MYR-418k or -39.8%), and Philippines (MYR-151k or -12.7%). In September 2020, the decrease in Used Rubber Tires's year-by-year imports was explained primarily by a decrease in imports from Sri Lanka (MYR-185k or -51.6%) and United Arab Emirates (MYR-21.6k or -90.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2019 - September 2020)MYR-7.86M(-39.3%)

IMPORT GROWTH (September 2019 - September 2020)MYR-1.07M(-13%)

MAIN DESTINATION (September 2020)IndonesiaMYR3.47M

This section shows Used Rubber Tires'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 Used Rubber Tires over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$37.3M

IMPORTS (2022)$28.8M

NET TRADE (2022)$8.5M

In 2022, Malaysia exported $37.3M in Used Rubber Tires. The main destinations of Malaysia exports on Used Rubber Tires were Japan ($7.77M), Australia ($5.5M), Indonesia ($5.14M), New Zealand ($3.25M), and Singapore ($3.12M).

In 2022, Malaysia imported $28.8M in Used Rubber Tires, mainly from Japan ($10.1M), Thailand ($7.11M), China ($4.98M), Vietnam ($1.7M), and South Korea ($1.31M).

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