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2022
Exports $1.39BWorld Rnk 15 / 182
Flag Rnk 41 / 1198
2022
Destination $32M China
2021 - 2022
FASTEST GROWING MARKET $32MUnited States
2022
PRODUCT COMPLEXITY IN Polyacetals0.78Rnk 255 / 1025
2022
Imports $1.07BWorld Rnk 22 / 217
Flag Rnk 42 / 1203
2022
Origin $29.1M China
2021 - 2022
FASTEST GROWING ORIGIN $29.1MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $1.39B in Polyacetals, making it the 15th largest exporter of Polyacetals in the world. At the same year, Polyacetals was the 41st most exported product in Malaysia. The main destination of Polyacetals exports from Malaysia are: China ($305M), Japan ($123M), United States ($121M), Vietnam ($111M), and Thailand ($80.8M).

The fastest growing export markets for Polyacetals of Malaysia between 2021 and 2022 were United States ($32M), Belgium ($25.5M), and India ($18.8M).

Imports In 2022, Malaysia imported $1.07B in Polyacetals, becoming the 22nd largest importer of Polyacetals in the world. At the same year, Polyacetals was the 42nd most imported product in Malaysia. Malaysia imports Polyacetals primarily from: China ($287M), Singapore ($192M), Thailand ($122M), Japan ($89.5M), and South Korea ($86.5M).

The fastest growing import markets in Polyacetals for Malaysia between 2021 and 2022 were China ($29.1M), Saudi Arabia ($18M), and Singapore ($8.8M).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Polyacetals exports accounted up to MYR432M and imports accounted up to MYR449M, resulting in a negative trade balance of MYR17M. Between June 2023 and June 2024 the exports of Malaysia's   Polyacetals have increased by MYR10.6M (2.51%) from MYR421M to MYR432M, while imports increased by MYR117M (35.3%) from MYR332M to MYR449M.

Destinations In June 2024, Polyacetals were exported mostly to China (MYR105M), Japan (MYR51M), Vietnam (MYR43.6M), United States (MYR32.7M), and Thailand (MYR26.5M), and were imported mostly from China (MYR151M), Singapore (MYR67.7M), Thailand (MYR44.3M), Japan (MYR44.2M), and South Korea (MYR26.8M).

Growth In June 2024, the increase in Polyacetals's year-by-year exports was explained primarily by an increase in exports to Brazil (MYR11.4M or 471%), Germany (MYR11.3M or 367%), and Pakistan (MYR6.47M or 3.12k%). In June 2024, the increase in Polyacetals's year-by-year imports was explained primarily by an increase in imports from Philippines (MYR3.16M or 497%), Canada (MYR2.22M or 942%), and Belgium (MYR1.9M or 80.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR10.6M(2.51%)
IMPORT GROWTH (June 2023 - June 2024)MYR117M(35.3%)
MAIN DESTINATION (June 2024)ChinaMYR105M

This section shows Polyacetals'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 Polyacetals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.39B
IMPORTS (2022)$1.07B
NET TRADE (2022)$327M

In 2022, Malaysia exported $1.39B in Polyacetals. The main destinations of Malaysia exports on Polyacetals were China ($305M), Japan ($123M), United States ($121M), Vietnam ($111M), and Thailand ($80.8M).

In 2022, Malaysia imported $1.07B in Polyacetals, mainly from China ($287M), Singapore ($192M), Thailand ($122M), Japan ($89.5M), and South Korea ($86.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Polyacetals EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
United States$32M (35.9%)
Belgium$25.5M (172%)
India$18.8M (31.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Polyacetals BY Malaysia WERE (2021 - 2022):
Turkey-$26.4M (-29.1%)
Japan-$21.2M (-14.7%)
Iran-$10.8M (-98.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Polyacetals were:
China $12.5B
Germany $7.27B
South Korea $6.91B
In 2022, Malaysia's main importing competitors in Polyacetals were:
China $8.92B
United States $6.13B
Germany $5.02B

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Trade Value of Polyacetals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $111M
TOP IMPORT POTENTIALChina+ $67.9M

Polyacetals’s highest export potential is China. With an export gap of $111M.   Polyacetals’s highest import potential is China with an import gap of $67.9M.

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