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2022
Exports $1.38MWorld Rnk 40 / 137
Flag Rnk 915 / 1198
2022
Destination $304k Indonesia
2021 - 2022
FASTEST GROWING MARKET $304kThailand
2022
Imports $13.5MWorld Rnk 12 / 175
Flag Rnk 785 / 1203
2022
Origin $1.81M China
2021 - 2022
FASTEST GROWING ORIGIN $1.81MUnited States
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $1.38M in Glass Scraps, making it the 40th largest exporter of Glass Scraps in the world. At the same year, Glass Scraps was the 915th most exported product in Malaysia. The main destination of Glass Scraps exports from Malaysia are: Indonesia ($830k), Thailand ($307k), China ($178k), Bangladesh ($22.3k), and South Korea ($15.5k).

The fastest growing export markets for Glass Scraps of Malaysia between 2021 and 2022 were Thailand ($304k), China ($66.7k), and Bangladesh ($22.3k).

Imports In 2022, Malaysia imported $13.5M in Glass Scraps, becoming the 12th largest importer of Glass Scraps in the world. At the same year, Glass Scraps was the 785th most imported product in Malaysia. Malaysia imports Glass Scraps primarily from: China ($6.62M), United States ($2.04M), Thailand ($1.45M), Vietnam ($775k), and Japan ($648k).

The fastest growing import markets in Glass Scraps for Malaysia between 2021 and 2022 were United States ($1.81M), Thailand ($670k), and Japan ($631k).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Glass Scraps exports accounted up to MYR922k and imports accounted up to MYR3.61M, resulting in a negative trade balance of MYR2.68M. Between June 2023 and June 2024 the exports of Malaysia's   Glass Scraps have increased by MYR426k (85.8%) from MYR496k to MYR922k, while imports increased by MYR895k (33%) from MYR2.71M to MYR3.61M.

Destinations In June 2024, Glass Scraps were exported mostly to Indonesia (MYR741k) and United States (MYR181k), and were imported mostly from China (MYR2.02M), Japan (MYR994k), Singapore (MYR255k), Chinese Taipei (MYR226k), and Philippines (MYR70.1k).

Growth In June 2024, the increase in Glass Scraps's year-by-year exports was explained primarily by an increase in exports to Indonesia (MYR525k or 300%). In June 2024, the increase in Glass Scraps's year-by-year imports was explained primarily by an increase in imports from China (MYR953k or 219%), Singapore (MYR232k or 728%), and Thailand (MYR85.5k or 26.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR426k(85.8%)
IMPORT GROWTH (June 2023 - June 2024)MYR895k(33%)
MAIN DESTINATION (June 2024)IndonesiaMYR741k

This section shows Glass Scraps'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 Glass Scraps over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.38M
IMPORTS (2022)$13.5M
NET TRADE (2022)-$12.1M

In 2022, Malaysia exported $1.38M in Glass Scraps. The main destinations of Malaysia exports on Glass Scraps were Indonesia ($830k), Thailand ($307k), China ($178k), Bangladesh ($22.3k), and South Korea ($15.5k).

In 2022, Malaysia imported $13.5M in Glass Scraps, mainly from China ($6.62M), United States ($2.04M), Thailand ($1.45M), Vietnam ($775k), and Japan ($648k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Glass Scraps EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Thailand$304k (9.21k%)
China$66.7k (59.6%)
Bangladesh$22.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glass Scraps BY Malaysia WERE (2021 - 2022):
Indonesia-$122k (-12.8%)
Chinese Taipei-$27.8k (-100%)
Japan-$23.2k (-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 Glass Scraps were:
United States $103M
China $72.5M
Belgium $58.7M
In 2022, Malaysia's main importing competitors in Glass Scraps were:
China $62M
Netherlands $51.7M
United States $49.7M

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Trade Value of Glass Scraps by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $163k
TOP IMPORT POTENTIALJapan+ $136k

Glass Scraps’s highest export potential is China. With an export gap of $163k.   Glass Scraps’s highest import potential is Japan with an import gap of $136k.

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