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2022
Exports $10.1MWorld Rnk 50 / 184
Flag Rnk 639 / 1198
2022
Destination $1.82M Iran
2021 - 2022
FASTEST GROWING MARKET $1.82MChina
2022
PRODUCT COMPLEXITY IN Building Stone-1.09Rnk 852 / 1025
2022
Imports $122MWorld Rnk 25 / 220
Flag Rnk 325 / 1203
2022
Origin $24.3M China
2021 - 2022
FASTEST GROWING ORIGIN $24.3MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $10.1M in Building Stone, making it the 50th largest exporter of Building Stone in the world. At the same year, Building Stone was the 639th most exported product in Malaysia. The main destination of Building Stone exports from Malaysia are: Iran ($3.23M), China ($1.9M), United States ($1.38M), Indonesia ($551k), and Brunei ($528k).

The fastest growing export markets for Building Stone of Malaysia between 2021 and 2022 were China ($1.82M), United Arab Emirates ($312k), and Chinese Taipei ($288k).

Imports In 2022, Malaysia imported $122M in Building Stone, becoming the 25th largest importer of Building Stone in the world. At the same year, Building Stone was the 325th most imported product in Malaysia. Malaysia imports Building Stone primarily from: China ($109M), Vietnam ($3.26M), India ($2.48M), Indonesia ($1.1M), and Turkey ($1.05M).

The fastest growing import markets in Building Stone for Malaysia between 2021 and 2022 were China ($24.3M), Thailand ($798k), and Indonesia ($736k).

COMPANIES In 2023, leading companies such as Emser Tile (25) were at the forefront of shipping Building Stone from Malaysia to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Malaysia's Building Stone exports accounted up to MYR3.23M and imports accounted up to MYR21.2M, resulting in a negative trade balance of MYR18M. Between August 2023 and August 2024 the exports of Malaysia's   Building Stone have increased by MYR1.69M (110%) from MYR1.54M to MYR3.23M, while imports increased by MYR2.24M (11.8%) from MYR19M to MYR21.2M.

Destinations In August 2024, Building Stone were exported mostly to Singapore (MYR1.16M), Australia (MYR1.12M), Chinese Taipei (MYR438k), Indonesia (MYR255k), and China (MYR77k), and were imported mostly from China (MYR18.7M), Singapore (MYR698k), Iran (MYR692k), India (MYR317k), and Vietnam (MYR303k).

Growth In August 2024, the increase in Building Stone's year-by-year exports was explained primarily by an increase in exports to Singapore (MYR39.7k or 27.3%) and United Arab Emirates (MYR188 or 0.25%). In August 2024, the increase in Building Stone's year-by-year imports was explained primarily by an increase in imports from Turkey (MYR385k or 220%) and Indonesia (MYR121k or 205%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)MYR1.69M(110%)
IMPORT GROWTH (August 2023 - August 2024)MYR2.24M(11.8%)
MAIN DESTINATION (August 2024)SingaporeMYR1.16M

This section shows Building Stone'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 Building Stone over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$10.1M
IMPORTS (2022)$122M
NET TRADE (2022)-$112M

In 2022, Malaysia exported $10.1M in Building Stone. The main destinations of Malaysia exports on Building Stone were Iran ($3.23M), China ($1.9M), United States ($1.38M), Indonesia ($551k), and Brunei ($528k).

In 2022, Malaysia imported $122M in Building Stone, mainly from China ($109M), Vietnam ($3.26M), India ($2.48M), Indonesia ($1.1M), and Turkey ($1.05M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Building Stone EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
China$1.82M (2.27k%)
United Arab Emirates$312k (176%)
Chinese Taipei$288k (452%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Building Stone BY Malaysia WERE (2021 - 2022):
Iran-$1.53M (-32.2%)
Turkey-$1.51M (-100%)
Australia-$1.48M (-87.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Building Stone were:
China $3.87B
Italy $1.71B
India $1.51B
In 2022, Malaysia's main importing competitors in Building Stone were:
United States $3.12B
South Korea $713M
Vietnam $530M

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Trade Value of Building Stone by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.78M
TOP IMPORT POTENTIALIndia+ $4.09M

Building Stone’s highest export potential is United States. With an export gap of $1.78M.   Building Stone’s highest import potential is India with an import gap of $4.09M.

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