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2022
Exports $25.4MWorld Rnk 30 / 183
Flag Rnk 479 / 1198
2022
Destination $1.06M Singapore
2021 - 2022
FASTEST GROWING MARKET $1.06MIndia
2022
PRODUCT COMPLEXITY IN Abrasive Powder1.09Rnk 137 / 1025
2022
Imports $54.3MWorld Rnk 25 / 224
Flag Rnk 498 / 1203
2022
Origin $2.48M Japan
2021 - 2022
FASTEST GROWING ORIGIN $2.48MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $25.4M in Abrasive Powder, making it the 30th largest exporter of Abrasive Powder in the world. At the same year, Abrasive Powder was the 479th most exported product in Malaysia. The main destination of Abrasive Powder exports from Malaysia are: Singapore ($5.03M), India ($4.16M), Thailand ($2.26M), China ($2.07M), and Philippines ($1.8M).

The fastest growing export markets for Abrasive Powder of Malaysia between 2021 and 2022 were India ($1.06M), Thailand ($392k), and New Zealand ($193k).

Imports In 2022, Malaysia imported $54.3M in Abrasive Powder, becoming the 25th largest importer of Abrasive Powder in the world. At the same year, Abrasive Powder was the 498th most imported product in Malaysia. Malaysia imports Abrasive Powder primarily from: Japan ($17.9M), China ($11.9M), Singapore ($7.32M), Mexico ($5.19M), and South Korea ($3.53M).

The fastest growing import markets in Abrasive Powder for Malaysia between 2021 and 2022 were China ($2.48M), United States ($974k), and Mexico ($936k).

COMPANIES In 2023, leading companies such as H&M Clothing (1) were at the forefront of shipping Abrasive Powder from Malaysia to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Abrasive Powder exports accounted up to MYR9.58M and imports accounted up to MYR14.2M, resulting in a negative trade balance of MYR4.66M. Between June 2023 and June 2024 the exports of Malaysia's   Abrasive Powder have increased by MYR4.05M (73.1%) from MYR5.54M to MYR9.58M, while imports increased by MYR3.17M (28.6%) from MYR11.1M to MYR14.2M.

Destinations In June 2024, Abrasive Powder were exported mostly to Singapore (MYR2.52M), China (MYR1.47M), India (MYR1.24M), United Kingdom (MYR1.19M), and Philippines (MYR790k), and were imported mostly from Singapore (MYR3.87M), Japan (MYR3.36M), China (MYR3.07M), South Korea (MYR1.58M), and Thailand (MYR1.15M).

Growth In June 2024, the increase in Abrasive Powder's year-by-year exports was explained primarily by an increase in exports to India (MYR1.19M or 154%), United States (MYR151k or 984%), and Indonesia (MYR31.6k or 9.15%). In June 2024, the increase in Abrasive Powder's year-by-year imports was explained primarily by an increase in imports from Mexico (MYR436k or 131%), United States (MYR265k or 49.6%), and South Korea (MYR242k or 20%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR4.05M(73.1%)
IMPORT GROWTH (June 2023 - June 2024)MYR3.17M(28.6%)
MAIN DESTINATION (June 2024)SingaporeMYR2.52M

This section shows Abrasive Powder'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 Abrasive Powder over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$25.4M
IMPORTS (2022)$54.3M
NET TRADE (2022)-$28.9M

In 2022, Malaysia exported $25.4M in Abrasive Powder. The main destinations of Malaysia exports on Abrasive Powder were Singapore ($5.03M), India ($4.16M), Thailand ($2.26M), China ($2.07M), and Philippines ($1.8M).

In 2022, Malaysia imported $54.3M in Abrasive Powder, mainly from Japan ($17.9M), China ($11.9M), Singapore ($7.32M), Mexico ($5.19M), and South Korea ($3.53M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Abrasive Powder EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
India$1.06M (34.4%)
Thailand$392k (21%)
New Zealand$193k (38.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Abrasive Powder BY Malaysia WERE (2021 - 2022):
Singapore-$865k (-14.7%)
China-$766k (-27.1%)
Hong Kong-$737k (-34.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Abrasive Powder were:
Germany $883M
China $707M
United States $605M
In 2022, Malaysia's main importing competitors in Abrasive Powder were:
United States $604M
Germany $585M
Poland $340M

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Trade Value of Abrasive Powder by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $933k
TOP IMPORT POTENTIALChina+ $3.34M

Abrasive Powder’s highest export potential is China. With an export gap of $933k.   Abrasive Powder’s highest import potential is China with an import gap of $3.34M.

See methodology.

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