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2018
Exports $99.6kWorld Rnk 59 / 132
Flag Rnk 1098 / 1198
2018
Destination $13.2k Brunei
2021 - 2022
FASTEST GROWING MARKET $13.2kSingapore
2022
PRODUCT COMPLEXITY IN Cooking Hand Tools0.5Rnk 368 / 1025
2018
Imports $15.5MWorld Rnk 8 / 209
Flag Rnk 760 / 1203
2018
Origin $1.72M China
2021 - 2022
FASTEST GROWING ORIGIN $1.72MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2018, Malaysia exported $99.6k in Cooking Hand Tools, making it the 59th largest exporter of Cooking Hand Tools in the world. At the same year, Cooking Hand Tools was the 1098th most exported product in Malaysia. The main destination of Cooking Hand Tools exports from Malaysia are: Brunei ($30.4k), Singapore ($26.1k), Chinese Taipei ($9.58k), Indonesia ($8.65k), and China ($5.19k).

The fastest growing export markets for Cooking Hand Tools of Malaysia between 2021 and 2022 were Singapore ($13.2k), Indonesia ($8.21k), and Chinese Taipei ($3.55k).

Imports In 2022, Malaysia imported $15.5M in Cooking Hand Tools, becoming the 8th largest importer of Cooking Hand Tools in the world. At the same year, Cooking Hand Tools was the 760th most imported product in Malaysia. Malaysia imports Cooking Hand Tools primarily from: China ($14.9M), South Korea ($241k), Germany ($146k), France ($45.6k), and United States ($45.3k).

The fastest growing import markets in Cooking Hand Tools for Malaysia between 2021 and 2022 were China ($1.72M), South Korea ($237k), and France ($34.7k).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Cooking Hand Tools exports accounted up to MYR121k and imports accounted up to MYR385k, resulting in a negative trade balance of MYR264k. Between June 2023 and June 2024 the exports of Malaysia's   Cooking Hand Tools have increased by MYR28.5k (30.9%) from MYR92.3k to MYR121k, while imports decreased by MYR-67.1k (-14.8%) from MYR452k to MYR385k.

Destinations In June 2024, Cooking Hand Tools were exported mostly to Brunei (MYR39.1k), Russia (MYR33.2k), Philippines (MYR25.1k), Singapore (MYR10.4k), and Australia (MYR5.68k), and were imported mostly from China (MYR360k), Germany (MYR17.3k), United States (MYR3.18k), Japan (MYR2.34k), and Singapore (MYR1.67k).

Growth In June 2024, the increase in Cooking Hand Tools's year-by-year exports was explained primarily by an increase in exports to India (MYR266k or 19.2k%). In June 2024, the decrease in Cooking Hand Tools's year-by-year imports was explained primarily by a decrease in imports from Hong Kong (MYR-20.2k or -81.1%) and Singapore (MYR-12k or -95.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR28.5k(30.9%)
IMPORT GROWTH (June 2023 - June 2024)MYR-67.1k(-14.8%)
MAIN DESTINATION (June 2024)BruneiMYR39.1k

This section shows Cooking Hand Tools'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 Cooking Hand Tools over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$99.6k
IMPORTS (2022)$15.5M
NET TRADE (2022)-$15.4M

In 2022, Malaysia exported $99.6k in Cooking Hand Tools. The main destinations of Malaysia exports on Cooking Hand Tools were Brunei ($30.4k), Singapore ($26.1k), Chinese Taipei ($9.58k), Indonesia ($8.65k), and China ($5.19k).

In 2022, Malaysia imported $15.5M in Cooking Hand Tools, mainly from China ($14.9M), South Korea ($241k), Germany ($146k), France ($45.6k), and United States ($45.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cooking Hand Tools EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Singapore$13.2k (102%)
Indonesia$8.21k (1.88k%)
Chinese Taipei$3.55k (58.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cooking Hand Tools BY Malaysia WERE (2021 - 2022):
United States-$2.61k (-100%)
United Kingdom-$2.56k (-100%)
Netherlands-$1.79k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Cooking Hand Tools were:
China $357M
Germany $40.9M
France $33.7M
In 2022, Malaysia's main importing competitors in Cooking Hand Tools were:
United States $105M
Germany $48.9M
Canada $22M

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Trade Value of Cooking Hand Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $6.23k
TOP IMPORT POTENTIALGermany+ $102k

Cooking Hand Tools’s highest export potential is China. With an export gap of $6.23k.   Cooking Hand Tools’s highest import potential is Germany with an import gap of $102k.

See methodology.

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