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2022
Exports $121MWorld Rnk 4 / 131
Flag Rnk 258 / 1198
2022
Destination $54M China
2021 - 2022
FASTEST GROWING MARKET $54MChina
2022
PRODUCT COMPLEXITY IN Asphalt Mixtures-1.14Rnk 867 / 1025
2022
Imports $199MWorld Rnk 3 / 210
Flag Rnk 235 / 1203
2022
Origin $78.6M Togo
2021 - 2022
FASTEST GROWING ORIGIN $78.6MTogo
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $121M in Asphalt Mixtures, making it the 4th largest exporter of Asphalt Mixtures in the world. At the same year, Asphalt Mixtures was the 258th most exported product in Malaysia. The main destination of Asphalt Mixtures exports from Malaysia are: China ($96.1M), Japan ($18.2M), Vietnam ($2.29M), Indonesia ($1.15M), and Australia ($913k).

The fastest growing export markets for Asphalt Mixtures of Malaysia between 2021 and 2022 were China ($54M), Japan ($18.2M), and Australia ($794k).

Imports In 2022, Malaysia imported $199M in Asphalt Mixtures, becoming the 3rd largest importer of Asphalt Mixtures in the world. At the same year, Asphalt Mixtures was the 235th most imported product in Malaysia. Malaysia imports Asphalt Mixtures primarily from: Togo ($78.6M), Japan ($61.9M), China ($48M), Singapore ($7.64M), and South Korea ($550k).

The fastest growing import markets in Asphalt Mixtures for Malaysia between 2021 and 2022 were Togo ($78.6M), Japan ($61.9M), and China ($32.5M).

Latest Trends

August 2024

About

Overview In August 2024 Malaysia's Asphalt Mixtures exports accounted up to MYR2.58M and imports accounted up to MYR1.38M, resulting in a positive trade balance of MYR1.2M. Between August 2023 and August 2024 the exports of Malaysia's   Asphalt Mixtures have increased by MYR983k (61.5%) from MYR1.6M to MYR2.58M, while imports decreased by MYR-265M (-99.5%) from MYR266M to MYR1.38M.

Destinations In August 2024, Asphalt Mixtures were exported mostly to Singapore (MYR762k), Indonesia (MYR572k), Papua New Guinea (MYR270k), Hong Kong (MYR248k), and Mauritius (MYR221k), and were imported mostly from United Arab Emirates (MYR589k), South Korea (MYR482k), Chinese Taipei (MYR232k), Thailand (MYR46.8k), and China (MYR23.4k).

Growth In August 2024, the increase in Asphalt Mixtures's year-by-year exports was explained primarily by an increase in exports to Thailand (MYR251k or 272%), Indonesia (MYR127k or 34.2%), and Singapore (MYR113k or 115%). In August 2024, the decrease in Asphalt Mixtures's year-by-year imports was explained primarily by a decrease in imports from France (MYR-232k or -73.7%), South Korea (MYR-186k or -40.1%), and United States (MYR-129k or -18.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)MYR983k(61.5%)
IMPORT GROWTH (August 2023 - August 2024)MYR-265M(-99.5%)
MAIN DESTINATION (August 2024)SingaporeMYR762k

This section shows Asphalt Mixtures'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 Asphalt Mixtures over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$121M
IMPORTS (2022)$199M
NET TRADE (2022)-$77.4M

In 2022, Malaysia exported $121M in Asphalt Mixtures. The main destinations of Malaysia exports on Asphalt Mixtures were China ($96.1M), Japan ($18.2M), Vietnam ($2.29M), Indonesia ($1.15M), and Australia ($913k).

In 2022, Malaysia imported $199M in Asphalt Mixtures, mainly from Togo ($78.6M), Japan ($61.9M), China ($48M), Singapore ($7.64M), and South Korea ($550k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Asphalt Mixtures EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
China$54M (128%)
Japan$18.2M (2.12M%)
Australia$794k (669%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Asphalt Mixtures BY Malaysia WERE (2021 - 2022):
Hong Kong-$533k (-67.7%)
Papua New Guinea-$510k (-53.6%)
Algeria-$152k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Asphalt Mixtures were:
Japan $836M
Canada $150M
United States $136M
In 2022, Malaysia's main importing competitors in Asphalt Mixtures were:
United Kingdom $388M
China $206M

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Trade Value of Asphalt Mixtures by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $943k
TOP IMPORT POTENTIALUnited States+ $489k

Asphalt Mixtures’s highest export potential is Indonesia. With an export gap of $943k.   Asphalt Mixtures’s highest import potential is United States with an import gap of $489k.

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