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2023
Exports $101MWorld Rnk 10 / 180
Flag Rnk 266 / 1208
2023
Destination $14.5M Singapore
2022 - 2023
FASTEST GROWING MARKET $14.5MSingapore
2023
PRODUCT COMPLEXITY IN Gravel and Crushed Stone-0.26Rnk 636 / 1025
2023
Imports $4.71MWorld Rnk 57 / 212
Flag Rnk 912 / 1211
2023
Origin $965k China
2022 - 2023
FASTEST GROWING ORIGIN $965kChina
2023
ECONOMIC COMPLEXITY of Malaysia1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $101M in Gravel and Crushed Stone, making it the 10th largest exporter of Gravel and Crushed Stone in the world. At the same year, Gravel and Crushed Stone was the 266th most exported product in Malaysia. The main destination of Gravel and Crushed Stone exports from Malaysia are: Singapore ($85.7M), Indonesia ($5.57M), Brunei ($4.47M), China ($2.61M), and Bangladesh ($1.68M).

The fastest growing export markets for Gravel and Crushed Stone of Malaysia between 2022 and 2023 were Singapore ($14.5M), Indonesia ($3.76M), and China ($2.55M).

Imports In 2023, Malaysia imported $4.71M in Gravel and Crushed Stone, becoming the 57th largest importer of Gravel and Crushed Stone in the world. At the same year, Gravel and Crushed Stone was the 912th most imported product in Malaysia. Malaysia imports Gravel and Crushed Stone primarily from: China ($1.52M), Vietnam ($1.36M), Brazil ($612k), Philippines ($204k), and Turkey ($174k).

The fastest growing import markets in Gravel and Crushed Stone for Malaysia between 2022 and 2023 were China ($965k), Brazil ($612k), and Oman ($163k).

Latest Trends

November 2024

About

Overview In November 2024 Malaysia's Gravel and Crushed Stone exports accounted up to MYR18.1M and imports accounted up to MYR1.21M, resulting in a positive trade balance of MYR16.9M. Between November 2023 and November 2024 the exports of Malaysia's   Gravel and Crushed Stone have decreased by MYR-568k (-3.04%) from MYR18.7M to MYR18.1M, while imports decreased by MYR-175k (-12.6%) from MYR1.39M to MYR1.21M.

Destinations In November 2024, Gravel and Crushed Stone were exported mostly to Singapore (MYR15.1M), Indonesia (MYR1.95M), Brunei (MYR971k), Christmas Island (MYR97.5k), and Thailand (MYR11.6k), and were imported mostly from Vietnam (MYR572k), China (MYR388k), United Kingdom (MYR89.1k), Indonesia (MYR69.1k), and Denmark (MYR53.1k).

Growth In November 2024, the decrease in Gravel and Crushed Stone's year-by-year exports was explained primarily by a decrease in exports to Brunei (MYR-391k or -29.8%) and Singapore (MYR-269k or -2.76%). In November 2024, the decrease in Gravel and Crushed Stone's year-by-year imports was explained primarily by a decrease in imports from China (MYR-366k or -37.6%), Philippines (MYR-151k or -66.1%), and Turkey (MYR-101k or -82.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)MYR-568k(-3.04%)
IMPORT GROWTH (November 2023 - November 2024)MYR-175k(-12.6%)
MAIN DESTINATION (November 2024)SingaporeMYR15.1M

This section shows Gravel and Crushed Stone'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 Gravel and Crushed Stone over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$101M
IMPORTS (2023)$4.71M
NET TRADE (2023)$96.1M

In 2023, Malaysia exported $101M in Gravel and Crushed Stone. The main destinations of Malaysia exports on Gravel and Crushed Stone were Singapore ($85.7M), Indonesia ($5.57M), Brunei ($4.47M), China ($2.61M), and Bangladesh ($1.68M).

In 2023, Malaysia imported $4.71M in Gravel and Crushed Stone, mainly from China ($1.52M), Vietnam ($1.36M), Brazil ($612k), Philippines ($204k), and Turkey ($174k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Gravel and Crushed Stone EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
Singapore$14.5M (20.4%)
Indonesia$3.76M (209%)
China$2.55M (4.42k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gravel and Crushed Stone BY Malaysia WERE (2022 - 2023):
Bangladesh-$2.04M (-54.8%)
Brunei-$553k (-11%)
United Kingdom-$108k (-90.3%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Gravel and Crushed Stone were:
Norway $443M
China $339M
United Arab Emirates $333M
In 2023, Malaysia's main importing competitors in Gravel and Crushed Stone were:
United States $309M
Netherlands $288M
Singapore $265M

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Trade Value of Gravel and Crushed Stone by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBangladesh+ $1.03M
TOP IMPORT POTENTIALChina+ $393k

Gravel and Crushed Stone’s highest export potential is Bangladesh. With an export gap of $1.03M.   Gravel and Crushed Stone’s highest import potential is China with an import gap of $393k.

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