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2022
Exports $106MWorld Rnk 18 / 186
Flag Rnk 271 / 1198
2022
Destination $9.99M Singapore
2021 - 2022
FASTEST GROWING MARKET $9.99MSingapore
2022
PRODUCT COMPLEXITY IN Wood Crates0.3Rnk 451 / 1025
2022
Imports $16.4MWorld Rnk 42 / 216
Flag Rnk 752 / 1203
2022
Origin $6.4M China
2021 - 2022
FASTEST GROWING ORIGIN $6.4MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $106M in Wood Crates, making it the 18th largest exporter of Wood Crates in the world. At the same year, Wood Crates was the 271st most exported product in Malaysia. The main destination of Wood Crates exports from Malaysia are: Singapore ($97.6M), Vietnam ($3.52M), Thailand ($1.46M), China ($1.05M), and Japan ($584k).

The fastest growing export markets for Wood Crates of Malaysia between 2021 and 2022 were Singapore ($9.99M), Vietnam ($1.41M), and Thailand ($734k).

Imports In 2022, Malaysia imported $16.4M in Wood Crates, becoming the 42nd largest importer of Wood Crates in the world. At the same year, Wood Crates was the 752nd most imported product in Malaysia. Malaysia imports Wood Crates primarily from: China ($8.01M), Singapore ($4.21M), Thailand ($691k), Vietnam ($378k), and Latvia ($361k).

The fastest growing import markets in Wood Crates for Malaysia between 2021 and 2022 were China ($6.4M), Singapore ($637k), and Vietnam ($275k).

COMPANIES In 2023, leading companies such as At Home Procurement (2), Yaheetech (1), and Lollicup (1) were at the forefront of shipping Wood Crates from Malaysia to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Wood Crates exports accounted up to MYR27.9M and imports accounted up to MYR2.86M, resulting in a positive trade balance of MYR25.1M. Between June 2023 and June 2024 the exports of Malaysia's   Wood Crates have decreased by MYR-5.15M (-15.6%) from MYR33.1M to MYR27.9M, while imports decreased by MYR-725k (-20.2%) from MYR3.59M to MYR2.86M.

Destinations In June 2024, Wood Crates were exported mostly to Singapore (MYR26.2M), Thailand (MYR870k), Vietnam (MYR281k), Japan (MYR158k), and China (MYR111k), and were imported mostly from Singapore (MYR1.22M), China (MYR610k), Netherlands (MYR342k), Thailand (MYR158k), and South Korea (MYR116k).

Growth In June 2024, the decrease in Wood Crates's year-by-year exports was explained primarily by a decrease in exports to Singapore (MYR-6.77M or -17.7%), China (MYR-681k or -83.4%), and Thailand (MYR-136k or -15.5%). In June 2024, the decrease in Wood Crates's year-by-year imports was explained primarily by a decrease in imports from Poland (MYR-3.82M or -100%), Singapore (MYR-1.01M or -50%), and Thailand (MYR-241k or -56.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR-5.15M(-15.6%)
IMPORT GROWTH (June 2023 - June 2024)MYR-725k(-20.2%)
MAIN DESTINATION (June 2024)SingaporeMYR26.2M

This section shows Wood Crates'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 Wood Crates over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$106M
IMPORTS (2022)$16.4M
NET TRADE (2022)$89.4M

In 2022, Malaysia exported $106M in Wood Crates. The main destinations of Malaysia exports on Wood Crates were Singapore ($97.6M), Vietnam ($3.52M), Thailand ($1.46M), China ($1.05M), and Japan ($584k).

In 2022, Malaysia imported $16.4M in Wood Crates, mainly from China ($8.01M), Singapore ($4.21M), Thailand ($691k), Vietnam ($378k), and Latvia ($361k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Crates EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Singapore$9.99M (11.4%)
Vietnam$1.41M (66.5%)
Thailand$734k (101%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Crates BY Malaysia WERE (2021 - 2022):
United States-$6.31M (-95.4%)
China-$745k (-41.5%)
Japan-$168k (-22.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Wood Crates were:
Poland $1.24B
Germany $637M
Czechia $394M
In 2022, Malaysia's main importing competitors in Wood Crates were:
Germany $1.5B
France $514M
Netherlands $481M

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Trade Value of Wood Crates by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALThailand+ $609k
TOP IMPORT POTENTIALChina+ $581k

Wood Crates’s highest export potential is Thailand. With an export gap of $609k.   Wood Crates’s highest import potential is China with an import gap of $581k.

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