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2022
Exports $47.4MWorld Rnk 42 / 203
Flag Rnk 380 / 1198
2022
Destination $3.14M Singapore
2021 - 2022
FASTEST GROWING MARKET $3.14MUnited States
2022
PRODUCT COMPLEXITY IN Hair Products0.18Rnk 493 / 1025
2022
Imports $142MWorld Rnk 32 / 224
Flag Rnk 286 / 1203
2022
Origin $19.4M Thailand
2021 - 2022
FASTEST GROWING ORIGIN $19.4MThailand
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $47.4M in Hair Products, making it the 42nd largest exporter of Hair Products in the world. At the same year, Hair Products was the 380th most exported product in Malaysia. The main destination of Hair Products exports from Malaysia are: Singapore ($11.3M), United States ($9.01M), Philippines ($3.71M), Brunei ($3.55M), and Thailand ($3.49M).

The fastest growing export markets for Hair Products of Malaysia between 2021 and 2022 were United States ($3.14M), Thailand ($1.77M), and United Arab Emirates ($946k).

Imports In 2022, Malaysia imported $142M in Hair Products, becoming the 32nd largest importer of Hair Products in the world. At the same year, Hair Products was the 286th most imported product in Malaysia. Malaysia imports Hair Products primarily from: Thailand ($60.9M), South Korea ($15.3M), Japan ($12.8M), Indonesia ($10.1M), and China ($9.57M).

The fastest growing import markets in Hair Products for Malaysia between 2021 and 2022 were Thailand ($19.4M), Japan ($4.15M), and United States ($2.23M).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Hair Products exports accounted up to MYR19.4M and imports accounted up to MYR43.2M, resulting in a negative trade balance of MYR23.8M. Between June 2023 and June 2024 the exports of Malaysia's   Hair Products have increased by MYR1.31M (7.25%) from MYR18.1M to MYR19.4M, while imports decreased by MYR-15.1M (-26%) from MYR58.3M to MYR43.2M.

Destinations In June 2024, Hair Products were exported mostly to Singapore (MYR5.06M), Indonesia (MYR4.03M), United States (MYR2.54M), Thailand (MYR1.45M), and Brunei (MYR1.1M), and were imported mostly from Thailand (MYR15.3M), Singapore (MYR5.35M), Indonesia (MYR4.58M), Japan (MYR4.18M), and South Korea (MYR2.88M).

Growth In June 2024, the increase in Hair Products's year-by-year exports was explained primarily by an increase in exports to Singapore (MYR3.15M or 86.6%), Thailand (MYR917k or 385%), and United Arab Emirates (MYR497k or 219%). In June 2024, the decrease in Hair Products's year-by-year imports was explained primarily by a decrease in imports from Vietnam (MYR-1.12M or -89.5%), India (MYR-363k or -28.8%), and Spain (MYR-223k or -27.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR1.31M(7.25%)
IMPORT GROWTH (June 2023 - June 2024)MYR-15.1M(-26%)
MAIN DESTINATION (June 2024)SingaporeMYR5.06M

This section shows Hair 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 Hair Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$47.4M
IMPORTS (2022)$142M
NET TRADE (2022)-$94.2M

In 2022, Malaysia exported $47.4M in Hair Products. The main destinations of Malaysia exports on Hair Products were Singapore ($11.3M), United States ($9.01M), Philippines ($3.71M), Brunei ($3.55M), and Thailand ($3.49M).

In 2022, Malaysia imported $142M in Hair Products, mainly from Thailand ($60.9M), South Korea ($15.3M), Japan ($12.8M), Indonesia ($10.1M), and China ($9.57M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hair Products EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
United States$3.14M (53.4%)
Thailand$1.77M (102%)
United Arab Emirates$946k (206%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hair Products BY Malaysia WERE (2021 - 2022):
Singapore-$3.1M (-21.5%)
Hong Kong-$1.04M (-36.9%)
Netherlands-$419k (-92.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Hair Products were:
United States $1.63B
Germany $1.51B
Italy $1.36B
In 2022, Malaysia's main importing competitors in Hair Products were:
United States $1.73B
Germany $916M
United Kingdom $794M

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Trade Value of Hair Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.61M
TOP IMPORT POTENTIALChina+ $5.06M

Hair Products’s highest export potential is United States. With an export gap of $3.61M.   Hair Products’s highest import potential is China with an import gap of $5.06M.

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