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2022
Exports $1.22MWorld Rnk 40 / 151
Flag Rnk 930 / 1198
2022
Destination $469k Germany
2021 - 2022
FASTEST GROWING MARKET $469kUnited States
2022
PRODUCT COMPLEXITY IN Furskin Apparel-0.18Rnk 610 / 1025
2022
Imports $1.8MWorld Rnk 48 / 187
Flag Rnk 1040 / 1203
2022
Origin $134k China
2021 - 2022
FASTEST GROWING ORIGIN $134kAustralia
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $1.22M in Furskin Apparel, making it the 40th largest exporter of Furskin Apparel in the world. At the same year, Furskin Apparel was the 930th most exported product in Malaysia. The main destination of Furskin Apparel exports from Malaysia are: Germany ($558k), United States ($509k), Singapore ($52.2k), Thailand ($36.4k), and United Arab Emirates ($17.4k).

The fastest growing export markets for Furskin Apparel of Malaysia between 2021 and 2022 were United States ($469k), Germany ($269k), and Thailand ($34.4k).

Imports In 2022, Malaysia imported $1.8M in Furskin Apparel, becoming the 48th largest importer of Furskin Apparel in the world. At the same year, Furskin Apparel was the 1040th most imported product in Malaysia. Malaysia imports Furskin Apparel primarily from: China ($632k), Italy ($355k), Australia ($162k), Germany ($158k), and United States ($152k).

The fastest growing import markets in Furskin Apparel for Malaysia between 2021 and 2022 were Australia ($134k), China ($113k), and Germany ($102k).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Furskin Apparel exports accounted up to MYR402k and imports accounted up to MYR333k, resulting in a positive trade balance of MYR68.8k. Between June 2023 and June 2024 the exports of Malaysia's   Furskin Apparel have decreased by MYR-1.07M (-72.6%) from MYR1.47M to MYR402k, while imports decreased by MYR-99.5k (-23%) from MYR432k to MYR333k.

Destinations In June 2024, Furskin Apparel were exported mostly to Germany (MYR194k), Hong Kong (MYR143k), Brunei (MYR37.1k), Italy (MYR15.6k), and Australia (MYR9.17k), and were imported mostly from China (MYR136k), Hong Kong (MYR60.6k), Italy (MYR59.3k), Thailand (MYR34.3k), and Singapore (MYR18.8k).

Growth In June 2024, the decrease in Furskin Apparel's year-by-year exports was explained primarily by a decrease in exports to United States (MYR-158k or -99.1%) and Singapore (MYR-7.37k or -98%). In June 2024, the decrease in Furskin Apparel's year-by-year imports was explained primarily by a decrease in imports from China (MYR-68.1k or -99%), Hong Kong (MYR-12.8k or -97.7%), and Italy (MYR-7.98k or -5.59%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR-1.07M(-72.6%)
IMPORT GROWTH (June 2023 - June 2024)MYR-99.5k(-23%)
MAIN DESTINATION (June 2024)GermanyMYR194k

This section shows Furskin Apparel'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 Furskin Apparel over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.22M
IMPORTS (2022)$1.8M
NET TRADE (2022)-$579k

In 2022, Malaysia exported $1.22M in Furskin Apparel. The main destinations of Malaysia exports on Furskin Apparel were Germany ($558k), United States ($509k), Singapore ($52.2k), Thailand ($36.4k), and United Arab Emirates ($17.4k).

In 2022, Malaysia imported $1.8M in Furskin Apparel, mainly from China ($632k), Italy ($355k), Australia ($162k), Germany ($158k), and United States ($152k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Furskin Apparel EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
United States$469k (1.18k%)
Germany$269k (92.7%)
Thailand$34.4k (1.73k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Furskin Apparel BY Malaysia WERE (2021 - 2022):
Singapore-$94.6k (-64.4%)
Canada-$86.7k (-99.8%)
China-$75.3k (-97.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Furskin Apparel were:
China $1.24B
Italy $298M
Turkey $108M
In 2022, Malaysia's main importing competitors in Furskin Apparel were:
Russia $802M
South Korea $214M
United States $165M

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Trade Value of Furskin Apparel by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $97.5k
TOP IMPORT POTENTIALChina+ $504k

Furskin Apparel’s highest export potential is United States. With an export gap of $97.5k.   Furskin Apparel’s highest import potential is China with an import gap of $504k.

See methodology.

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