2022
Exports
$17.4BWorld Rnk 24 / 226
Flag Rnk 6 / 21
2022
PRODUCT COMPLEXITY IN Chemical Products
2.43Rnk 1 / 1025
2022
Imports
$20.6BWorld Rnk 28 / 226
Flag Rnk 4 / 21
2022
ECONOMIC COMPLEXITY of Malaysia
1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $17.4B in Chemical Products, making it the 24th largest exporter of Chemical Products in the world. At the same year, Chemical Products was the 6th most exported product in Malaysia. The main destination of Chemical Products exports from Malaysia are: China ($2.89B), Thailand ($1.64B), India ($1.43B), Singapore ($1.23B), and Indonesia ($1.18B).

The fastest growing export markets for Chemical Products of Malaysia between 2021 and 2022 were Thailand ($300M), India ($225M), and Japan ($224M).

Imports In 2022, Malaysia imported $20.6B in Chemical Products, becoming the 28th largest importer of Chemical Products in the world. At the same year, Chemical Products was the 4th most imported product in Malaysia. Malaysia imports Chemical Products primarily from: China ($5.78B), Singapore ($1.79B), Indonesia ($1.17B), United States ($1.11B), and South Korea ($1.04B).

The fastest growing import markets in Chemical Products for Malaysia between 2021 and 2022 were China ($1.27B), Indonesia ($434M), and Australia ($296M).

COMPANIES In 2023, leading companies such as Coaster Fine Furniture (59), Motorola (36), and Givaudan Fragrances (27) were at the forefront of shipping Chemical Products from Malaysia to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR327M(5.51%)
IMPORT GROWTH (June 2023 - June 2024)MYR263M(3.6%)
MAIN DESTINATION (June 2024)ChinaMYR1.05B

This section shows Chemical Products'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 over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$17.4B
IMPORTS (2022)$20.6B
NET TRADE (2022)-$3.2B

In 2022, Malaysia exported $17.4B in Chemical Products. The main destinations of Malaysia exports on Chemical Products were China ($2.89B), Thailand ($1.64B), India ($1.43B), Singapore ($1.23B), and Indonesia ($1.18B).

In 2022, Malaysia imported $20.6B in Chemical Products, mainly from China ($5.78B), Singapore ($1.79B), Indonesia ($1.17B), United States ($1.11B), and South Korea ($1.04B).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Chemical Products EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Thailand$300M (22.3%)
India$225M (18.8%)
Japan$224M (31.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chemical Products BY Malaysia WERE (2021 - 2022):
Spain-$58.1M (-24.8%)
Pakistan-$39.1M (-25.2%)
New Zealand-$35.9M (-22.1%)

Change in Exports by Market (undefined - undefined)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Chemical Products were:
In 2022, Malaysia's main importing competitors in Chemical Products were:

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Trade Value of Chemical Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $649M
TOP IMPORT POTENTIALChina+ $341M

Chemical Products’s highest export potential is China. With an export gap of $649M.   Chemical Products’s highest import potential is China with an import gap of $341M.

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