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2022
Exports $3.46BWorld Rnk 17 / 222
Flag Rnk 12 / 96
falsefalse Netherlands
2022
PRODUCT COMPLEXITY IN Chemical products n.e.s.1.97Rnk 6 / 1025
2022
Imports $4.43BWorld Rnk 19 / 226
Flag Rnk 14 / 96
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $3.46B in Chemical products n.e.s., making it the 17th largest exporter of Chemical products n.e.s. in the world. At the same year, Chemical products n.e.s. was the 12th most exported product in Malaysia. The main destination of Chemical products n.e.s. exports from Malaysia are: Netherlands ($519M), Thailand ($399M), China ($369M), Indonesia ($207M), and Singapore ($192M).

Imports In 2022, Malaysia imported $4.43B in Chemical products n.e.s., becoming the 19th largest importer of Chemical products n.e.s. in the world. At the same year, Chemical products n.e.s. was the 14th most imported product in Malaysia. Malaysia imports Chemical products n.e.s. primarily from: China ($2.38B), Vietnam ($310M), United States ($264M), Singapore ($248M), and Chinese Taipei ($229M).

The fastest growing import markets in Chemical products n.e.s. for Malaysia between 2021 and 2022 were China ($1.05B), Vietnam ($151M), and Chinese Taipei ($99M).

COMPANIES In 2023, leading companies such as Panasonic (5), YAMAHA CORPORATION OF AMERICA (2), and Cloud Network Technology (2) were at the forefront of shipping Chemical products n.e.s. from Malaysia to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Chemical products n.e.s. exports accounted up to MYR2.2B and imports accounted up to MYR1.82B, resulting in a positive trade balance of MYR378M. Between June 2023 and June 2024 the exports of Malaysia's   Chemical products n.e.s. have increased by MYR242M (12.3%) from MYR1.96B to MYR2.2B, while imports decreased by MYR-183M (-9.13%) from MYR2.01B to MYR1.82B.

Destinations In June 2024, Chemical products n.e.s. were exported mostly to Netherlands (MYR375M), China (MYR258M), Thailand (MYR206M), Singapore (MYR196M), and Spain (MYR175M), and were imported mostly from Indonesia (MYR563M), China (MYR451M), Singapore (MYR145M), Vietnam (MYR128M), and United States (MYR119M).

Growth In June 2024, the increase in Chemical products n.e.s.'s year-by-year exports was explained primarily by an increase in exports to Spain (MYR71.4M or 149%), Thailand (MYR38.6M or 30.5%), and Australia (MYR37.8M or 78.3%). In June 2024, the decrease in Chemical products n.e.s.'s year-by-year imports was explained primarily by a decrease in imports from China (MYR-127M or -13.2%), Thailand (MYR-37.8M or -62.9%), and Chinese Taipei (MYR-19.1M or -18.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR242M(12.3%)
IMPORT GROWTH (June 2023 - June 2024)MYR-183M(-9.13%)
MAIN DESTINATION (June 2024)NetherlandsMYR375M

This section shows Chemical products n.e.s.'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 Chemical products n.e.s. over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.46B
IMPORTS (2022)$4.43B
NET TRADE (2022)-$967M

In 2022, Malaysia exported $3.46B in Chemical products n.e.s.. The main destinations of Malaysia exports on Chemical products n.e.s. were Netherlands ($519M), Thailand ($399M), China ($369M), Indonesia ($207M), and Singapore ($192M).

In 2022, Malaysia imported $4.43B in Chemical products n.e.s., mainly from China ($2.38B), Vietnam ($310M), United States ($264M), Singapore ($248M), and Chinese Taipei ($229M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Malaysia's main exporting competitors in Chemical products n.e.s. were:
China $42.1B
United States $30.3B
Germany $26.5B
In 2022, Malaysia's main importing competitors in Chemical products n.e.s. were:
United States $17.8B
Germany $17.8B
Netherlands $16.9B

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Trade Value of Chemical products n.e.s. by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $166M
TOP IMPORT POTENTIALSingapore+ $65.4M

Chemical products n.e.s.’s highest export potential is China. With an export gap of $166M.   Chemical products n.e.s.’s highest import potential is Singapore with an import gap of $65.4M.

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