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2022
Exports $37.3MWorld Rnk 20 / 175
Flag Rnk 418 / 1198
2022
Destination $3.02M Japan
2021 - 2022
FASTEST GROWING MARKET $3.02MJapan
2022
PRODUCT COMPLEXITY IN Used Rubber Tires0.67Rnk 290 / 1025
2022
Imports $28.8MWorld Rnk 22 / 219
Flag Rnk 630 / 1203
2022
Origin $1.98M Japan
2021 - 2022
FASTEST GROWING ORIGIN $1.98MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

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 2023, leading companies such as BOEING (1) were at the forefront of shipping Used Rubber Tires from Malaysia to the United States.

Latest Trends

October 2024

About

Overview In October 2024 Malaysia's Used Rubber Tires exports accounted up to MYR14M and imports accounted up to MYR8.85M, resulting in a positive trade balance of MYR5.14M. Between October 2023 and October 2024 the exports of Malaysia's   Used Rubber Tires have increased by MYR2.57M (22.5%) from MYR11.4M to MYR14M, while imports increased by MYR1.7M (23.8%) from MYR7.15M to MYR8.85M.

Destinations In October 2024, Used Rubber Tires were exported mostly to Singapore (MYR3.16M), Japan (MYR2.09M), Indonesia (MYR1.9M), Australia (MYR1.5M), and New Zealand (MYR959k), and were imported mostly from Thailand (MYR3.76M), Japan (MYR1.88M), China (MYR1.61M), South Korea (MYR369k), and Australia (MYR345k).

Growth In October 2024, the increase in Used Rubber Tires's year-by-year exports was explained primarily by an increase in exports to Indonesia (MYR1.56M or 249%), Australia (MYR523k or 39%), and Hong Kong (MYR460k or 222%). In October 2024, the increase in Used Rubber Tires's year-by-year imports was explained primarily by an increase in imports from Thailand (MYR592k or 18.6%) and Australia (MYR109k or 212%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)MYR2.57M(22.5%)
IMPORT GROWTH (October 2023 - October 2024)MYR1.7M(23.8%)
MAIN DESTINATION (October 2024)SingaporeMYR3.16M

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
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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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Used Rubber Tires EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Japan$3.02M (63.7%)
Netherlands$537k (110k%)
Hong Kong$425k (40.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Used Rubber Tires BY Malaysia WERE (2021 - 2022):
Papua New Guinea-$866k (-65%)
Thailand-$665k (-29.6%)
Vietnam-$377k (-90.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Used Rubber Tires were:
Sri Lanka $455M
Germany $342M
China $196M
In 2022, Malaysia's main importing competitors in Used Rubber Tires were:
United States $459M
Germany $232M
France $190M

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Trade Value of Used Rubber Tires by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALThailand+ $777k
TOP IMPORT POTENTIALChina+ $1.23M

Used Rubber Tires’s highest export potential is Thailand. With an export gap of $777k.   Used Rubber Tires’s highest import potential is China with an import gap of $1.23M.

See methodology.

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