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2023
Exports $62.5kWorld Rnk 62 / 124
Flag Rnk 1120 / 1208
2023
Destination $25.8k Singapore
2022 - 2023
FASTEST GROWING MARKET $25.8kSingapore
2023
PRODUCT COMPLEXITY IN Carded Wool or Animal Hair Fabric0.59Rnk 332 / 1025
2023
Imports $370kWorld Rnk 89 / 162
Flag Rnk 1117 / 1211
2023
Origin $43.7k United Kingdom
2022 - 2023
FASTEST GROWING ORIGIN $43.7kUnited Kingdom
2023
ECONOMIC COMPLEXITY of Malaysia1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $62.5k in Carded Wool or Animal Hair Fabric, making it the 62nd largest exporter of Carded Wool or Animal Hair Fabric in the world. At the same year, Carded Wool or Animal Hair Fabric was the 1120th most exported product in Malaysia. The main destination of Carded Wool or Animal Hair Fabric exports from Malaysia are: Singapore ($27.9k), Brunei ($27.2k), Philippines ($4.96k), Australia ($1.01k), and Maldives ($1.01k).

The fastest growing export markets for Carded Wool or Animal Hair Fabric of Malaysia between 2022 and 2023 were Singapore ($25.8k), Brunei ($20.1k), and Philippines ($4.96k).

Imports In 2023, Malaysia imported $370k in Carded Wool or Animal Hair Fabric, becoming the 89th largest importer of Carded Wool or Animal Hair Fabric in the world. At the same year, Carded Wool or Animal Hair Fabric was the 1117th most imported product in Malaysia. Malaysia imports Carded Wool or Animal Hair Fabric primarily from: United Kingdom ($215k), Singapore ($55.8k), China ($23.9k), Denmark ($16.8k), and Indonesia ($9.51k).

The fastest growing import markets in Carded Wool or Animal Hair Fabric for Malaysia between 2022 and 2023 were United Kingdom ($43.7k), Indonesia ($9.51k), and China ($8.82k).

Latest Trends

October 2024

About

Overview In October 2024 Malaysia's Carded Wool or Animal Hair Fabric exports accounted up to MYR1.26k and imports accounted up to MYR36.3k, resulting in a negative trade balance of MYR35.1k. Between November 2021 and October 2024 the exports of Malaysia's   Carded Wool or Animal Hair Fabric have decreased by MYR-4.9k (-79.5%) from MYR6.17k to MYR1.26k, while imports decreased by MYR-43.3k (-54.4%) from MYR79.6k to MYR36.3k.

Destinations In October 2024, Carded Wool or Animal Hair Fabric were exported mostly to , and were imported mostly from India (MYR17.2k), United States (MYR10k), Italy (MYR5.13k), Singapore (MYR2.34k), and Spain (MYR1.3k).

Growth In October 2024, the decrease in Carded Wool or Animal Hair Fabric's year-by-year exports was explained primarily by a decrease in exports to . In December 2024, the decrease in Carded Wool or Animal Hair Fabric's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2021 - October 2024)MYR-4.9k(-79.5%)
IMPORT GROWTH (December 2023 - December 2024)MYR-43.3k(-54.4%)
MAIN DESTINATION (October 2024)

This section shows Carded Wool or Animal Hair Fabric'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 Carded Wool or Animal Hair Fabric over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$62.5k
IMPORTS (2023)$370k
NET TRADE (2023)-$307k

In 2023, Malaysia exported $62.5k in Carded Wool or Animal Hair Fabric. The main destinations of Malaysia exports on Carded Wool or Animal Hair Fabric were Singapore ($27.9k), Brunei ($27.2k), Philippines ($4.96k), Australia ($1.01k), and Maldives ($1.01k).

In 2023, Malaysia imported $370k in Carded Wool or Animal Hair Fabric, mainly from United Kingdom ($215k), Singapore ($55.8k), China ($23.9k), Denmark ($16.8k), and Indonesia ($9.51k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Carded Wool or Animal Hair Fabric EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
Singapore$25.8k (1.22k%)
Brunei$20.1k (281%)
Philippines$4.96k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carded Wool or Animal Hair Fabric BY Malaysia WERE (2022 - 2023):
Australia-$3.25k (-76.3%)
Burma-$2.39k (-100%)
Netherlands-$1.82k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Carded Wool or Animal Hair Fabric were:
Italy $482M
China $119M
United Kingdom $79.5M
In 2023, Malaysia's main importing competitors in Carded Wool or Animal Hair Fabric were:
France $80.9M
China $72.8M
Spain $62.1M

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Trade Value of Carded Wool or Animal Hair Fabric by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSingapore+ $1.5k
TOP IMPORT POTENTIALChina+ $29.9k

Carded Wool or Animal Hair Fabric’s highest export potential is Singapore. With an export gap of $1.5k.   Carded Wool or Animal Hair Fabric’s highest import potential is China with an import gap of $29.9k.

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