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2023
Exports $24.7MWorld Rnk 14 / 131
Flag Rnk 468 / 1208
2023
Destination $4.31M Japan
2022 - 2023
FASTEST GROWING MARKET $4.31MNew Zealand
2023
PRODUCT COMPLEXITY IN Asphalt Mixtures-1.43Rnk 935 / 1025
2023
Imports $117MWorld Rnk 3 / 208
Flag Rnk 295 / 1211
2023
Origin $16.7M Togo
2022 - 2023
FASTEST GROWING ORIGIN $16.7MTogo
2023
ECONOMIC COMPLEXITY of Malaysia1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $24.7M in Asphalt Mixtures, making it the 14th largest exporter of Asphalt Mixtures in the world. At the same year, Asphalt Mixtures was the 468th most exported product in Malaysia. The main destination of Asphalt Mixtures exports from Malaysia are: Japan ($14.2M), New Zealand ($4.36M), Vietnam ($1.25M), Indonesia ($1.17M), and Singapore ($635k).

The fastest growing export markets for Asphalt Mixtures of Malaysia between 2022 and 2023 were New Zealand ($4.31M), Singapore ($386k), and Germany ($163k).

Imports In 2023, Malaysia imported $117M in Asphalt Mixtures, becoming the 3rd largest importer of Asphalt Mixtures in the world. At the same year, Asphalt Mixtures was the 295th most imported product in Malaysia. Malaysia imports Asphalt Mixtures primarily from: Togo ($105M), Japan ($8.57M), United States ($1.93M), Chinese Taipei ($525k), and South Korea ($520k).

The fastest growing import markets in Asphalt Mixtures for Malaysia between 2022 and 2023 were Togo ($16.7M), United States ($827k), and Chinese Taipei ($103k).

Latest Trends

November 2024

About

Overview In November 2024 Malaysia's Asphalt Mixtures exports accounted up to MYR2.19M and imports accounted up to MYR418k, resulting in a positive trade balance of MYR1.77M. Between November 2023 and November 2024 the exports of Malaysia's   Asphalt Mixtures have increased by MYR279k (14.6%) from MYR1.91M to MYR2.19M, while imports decreased by MYR-688k (-62.2%) from MYR1.11M to MYR418k.

Destinations In November 2024, Asphalt Mixtures were exported mostly to Singapore (MYR1.18M), Thailand (MYR477k), Hong Kong (MYR158k), Indonesia (MYR129k), and Philippines (MYR104k), and were imported mostly from Chinese Taipei (MYR228k), South Korea (MYR145k), Thailand (MYR38.8k), Singapore (MYR5k), and China (MYR592).

Growth In November 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 November 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 (November 2023 - November 2024)MYR279k(14.6%)
IMPORT GROWTH (November 2023 - November 2024)MYR-688k(-62.2%)
MAIN DESTINATION (November 2024)SingaporeMYR1.18M

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 (2023)$24.7M
IMPORTS (2023)$117M
NET TRADE (2023)-$92.4M

In 2023, Malaysia exported $24.7M in Asphalt Mixtures. The main destinations of Malaysia exports on Asphalt Mixtures were Japan ($14.2M), New Zealand ($4.36M), Vietnam ($1.25M), Indonesia ($1.17M), and Singapore ($635k).

In 2023, Malaysia imported $117M in Asphalt Mixtures, mainly from Togo ($105M), Japan ($8.57M), United States ($1.93M), Chinese Taipei ($525k), and South Korea ($520k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Asphalt Mixtures EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
New Zealand$4.31M (9.53k%)
Singapore$386k (155%)
Germany$163k (398%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Asphalt Mixtures BY Malaysia WERE (2022 - 2023):
China-$95.6M (-99.5%)
Japan-$5.87M (-29.3%)
Vietnam-$935k (-42.9%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Asphalt Mixtures were:
Japan $438M
United States $187M
Canada $122M
In 2023, Malaysia's main importing competitors in Asphalt Mixtures were:
United Kingdom $279M
United States $188M

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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.

See methodology.

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