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2023
Exports $122MWorld Rnk 31 / 175
Flag Rnk 245 / 1208
2023
Destination $552k Singapore
2022 - 2023
FASTEST GROWING MARKET $552kChinese Taipei
2023
PRODUCT COMPLEXITY IN Cement-1.48Rnk 943 / 1025
2023
Imports $138MWorld Rnk 24 / 224
Flag Rnk 268 / 1211
2023
Origin $59.6M Vietnam
2022 - 2023
FASTEST GROWING ORIGIN $59.6MVietnam
2023
ECONOMIC COMPLEXITY of Malaysia1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $122M in Cement, making it the 31st largest exporter of Cement in the world. At the same year, Cement was the 245th most exported product in Malaysia. The main destination of Cement exports from Malaysia are: Singapore ($74.9M), Australia ($19M), Philippines ($6.6M), France ($5.91M), and Vietnam ($5.14M).

The fastest growing export markets for Cement of Malaysia between 2022 and 2023 were Chinese Taipei ($552k), China ($394k), and Macau ($295k).

Imports In 2023, Malaysia imported $138M in Cement, becoming the 24th largest importer of Cement in the world. At the same year, Cement was the 268th most imported product in Malaysia. Malaysia imports Cement primarily from: Vietnam ($127M), Thailand ($3.21M), China ($2.69M), Indonesia ($2.35M), and Croatia ($938k).

The fastest growing import markets in Cement for Malaysia between 2022 and 2023 were Vietnam ($59.6M), China ($906k), and Croatia ($437k).

Latest Trends

November 2024

About

Overview In November 2024 Malaysia's Cement exports accounted up to MYR41.7M and imports accounted up to MYR52.9M, resulting in a negative trade balance of MYR11.2M. Between November 2023 and November 2024 the exports of Malaysia's   Cement have increased by MYR5.82M (16.2%) from MYR35.9M to MYR41.7M, while imports decreased by MYR-13.3M (-20.1%) from MYR66.2M to MYR52.9M.

Destinations In November 2024, Cement were exported mostly to Singapore (MYR27M), Vietnam (MYR4.37M), Australia (MYR3.55M), Reunion (MYR2.44M), and Philippines (MYR1.07M), and were imported mostly from Vietnam (MYR43M), Indonesia (MYR7.17M), Thailand (MYR1.35M), China (MYR721k), and Croatia (MYR363k).

Growth In November 2024, the increase in Cement's year-by-year exports was explained primarily by an increase in exports to Australia (MYR3.8M or 125%), Philippines (MYR1.43M or 87.3%), and Vietnam (MYR827k or 152%). In November 2024, the decrease in Cement's year-by-year imports was explained primarily by a decrease in imports from Thailand (MYR-70.8k or -98.6%) and China (MYR-21.1k or -7.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)MYR5.82M(16.2%)
IMPORT GROWTH (November 2023 - November 2024)MYR-13.3M(-20.1%)
MAIN DESTINATION (November 2024)SingaporeMYR27M

This section shows Cement'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 Cement over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$122M
IMPORTS (2023)$138M
NET TRADE (2023)-$16.4M

In 2023, Malaysia exported $122M in Cement. The main destinations of Malaysia exports on Cement were Singapore ($74.9M), Australia ($19M), Philippines ($6.6M), France ($5.91M), and Vietnam ($5.14M).

In 2023, Malaysia imported $138M in Cement, mainly from Vietnam ($127M), Thailand ($3.21M), China ($2.69M), Indonesia ($2.35M), and Croatia ($938k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cement EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
Chinese Taipei$552k (106%)
China$394k (67.3%)
Macau$295k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cement BY Malaysia WERE (2022 - 2023):
Singapore-$44M (-37%)
Australia-$13.5M (-41.5%)
France-$5.94M (-50.1%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Cement were:
Turkey $1.65B
Vietnam $1.58B
Egypt $841M
In 2023, Malaysia's main importing competitors in Cement were:
United States $2.55B
France $620M
Philippines $551M

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Trade Value of Cement by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPhilippines+ $2.89M
TOP IMPORT POTENTIALIndonesia+ $4.75M

Cement’s highest export potential is Philippines. With an export gap of $2.89M.   Cement’s highest import potential is Indonesia with an import gap of $4.75M.

See methodology.

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