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2022
Exports $50.2MWorld Rnk 7 / 130
Flag Rnk 370 / 1198
2022
Destination $4.64M Chinese Taipei
2021 - 2022
FASTEST GROWING MARKET $4.64MChinese Taipei
2022
PRODUCT COMPLEXITY IN Asbestos Cement Articles-0.19Rnk 614 / 1025
2022
Imports $20.5MWorld Rnk 20 / 215
Flag Rnk 706 / 1203
2022
Origin $4.24M China
2021 - 2022
FASTEST GROWING ORIGIN $4.24MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $50.2M in Asbestos Cement Articles, making it the 7th largest exporter of Asbestos Cement Articles in the world. At the same year, Asbestos Cement Articles was the 370th most exported product in Malaysia. The main destination of Asbestos Cement Articles exports from Malaysia are: Chinese Taipei ($25.5M), Australia ($8.03M), South Korea ($3.43M), United Kingdom ($2.77M), and Vietnam ($2.66M).

The fastest growing export markets for Asbestos Cement Articles of Malaysia between 2021 and 2022 were Chinese Taipei ($4.64M), Australia ($3.77M), and Vietnam ($918k).

Imports In 2022, Malaysia imported $20.5M in Asbestos Cement Articles, becoming the 20th largest importer of Asbestos Cement Articles in the world. At the same year, Asbestos Cement Articles was the 706th most imported product in Malaysia. Malaysia imports Asbestos Cement Articles primarily from: China ($10.8M), Thailand ($6.44M), Indonesia ($1.76M), Singapore ($1.15M), and Japan ($126k).

The fastest growing import markets in Asbestos Cement Articles for Malaysia between 2021 and 2022 were China ($4.24M), Thailand ($816k), and Vietnam ($51.4k).

Latest Trends

August 2024

About

Overview In August 2024 Malaysia's Asbestos Cement Articles exports accounted up to MYR15M and imports accounted up to MYR5.89M, resulting in a positive trade balance of MYR9.09M. Between August 2023 and August 2024 the exports of Malaysia's   Asbestos Cement Articles have decreased by MYR-4.39M (-22.7%) from MYR19.4M to MYR15M, while imports decreased by MYR-2.77M (-32%) from MYR8.66M to MYR5.89M.

Destinations In August 2024, Asbestos Cement Articles were exported mostly to Chinese Taipei (MYR11M), Australia (MYR1.39M), South Korea (MYR797k), Singapore (MYR507k), and United Kingdom (MYR487k), and were imported mostly from Thailand (MYR2.79M), China (MYR1.04M), Indonesia (MYR985k), Japan (MYR628k), and Singapore (MYR298k).

Growth In August 2024, the decrease in Asbestos Cement Articles's year-by-year exports was explained primarily by a decrease in exports to Chinese Taipei (MYR-3.26M or -34.9%), Australia (MYR-2.15M or -71.5%), and United Kingdom (MYR-1.42M or -87.6%). In August 2024, the decrease in Asbestos Cement Articles's year-by-year imports was explained primarily by a decrease in imports from Thailand (MYR-1.13M or -46.4%) and Indonesia (MYR-540k or -33.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)MYR-4.39M(-22.7%)
IMPORT GROWTH (August 2023 - August 2024)MYR-2.77M(-32%)
MAIN DESTINATION (August 2024)Chinese TaipeiMYR11M

This section shows Asbestos Cement Articles'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 Asbestos Cement Articles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$50.2M
IMPORTS (2022)$20.5M
NET TRADE (2022)$29.7M

In 2022, Malaysia exported $50.2M in Asbestos Cement Articles. The main destinations of Malaysia exports on Asbestos Cement Articles were Chinese Taipei ($25.5M), Australia ($8.03M), South Korea ($3.43M), United Kingdom ($2.77M), and Vietnam ($2.66M).

In 2022, Malaysia imported $20.5M in Asbestos Cement Articles, mainly from China ($10.8M), Thailand ($6.44M), Indonesia ($1.76M), Singapore ($1.15M), and Japan ($126k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Asbestos Cement Articles EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Chinese Taipei$4.64M (22.2%)
Australia$3.77M (88.4%)
Vietnam$918k (52.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Asbestos Cement Articles BY Malaysia WERE (2021 - 2022):
United Kingdom-$865k (-23.8%)
Brunei-$508k (-39.2%)
Sweden-$223k (-35.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Asbestos Cement Articles were:
Thailand $220M
China $205M
United States $195M
In 2022, Malaysia's main importing competitors in Asbestos Cement Articles were:
Canada $168M
United States $165M
United Kingdom $133M

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Trade Value of Asbestos Cement Articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPhilippines+ $365k
TOP IMPORT POTENTIALThailand+ $1.29M

Asbestos Cement Articles’s highest export potential is Philippines. With an export gap of $365k.   Asbestos Cement Articles’s highest import potential is Thailand with an import gap of $1.29M.

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