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2022
Exports $5.63MWorld Rnk 15 / 136
Flag Rnk 717 / 1198
2022
Destination $329k Singapore
2021 - 2022
FASTEST GROWING MARKET $329kSingapore
2022
Imports $3.38MWorld Rnk 26 / 205
Flag Rnk 990 / 1203
2022
Origin $429k China
2021 - 2022
FASTEST GROWING ORIGIN $429kChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $5.63M in Hard Rubber, making it the 15th largest exporter of Hard Rubber in the world. At the same year, Hard Rubber was the 717th most exported product in Malaysia. The main destination of Hard Rubber exports from Malaysia are: Singapore ($3.78M), China ($489k), Morocco ($216k), Australia ($194k), and Thailand ($177k).

The fastest growing export markets for Hard Rubber of Malaysia between 2021 and 2022 were Singapore ($329k), Japan ($125k), and Thailand ($102k).

Imports In 2018, Malaysia imported $3.38M in Hard Rubber, becoming the 26th largest importer of Hard Rubber in the world. At the same year, Hard Rubber was the 990th most imported product in Malaysia. Malaysia imports Hard Rubber primarily from: China ($1.89M), Thailand ($576k), Chinese Taipei ($468k), Singapore ($164k), and Japan ($80.3k).

The fastest growing import markets in Hard Rubber for Malaysia between 2021 and 2022 were China ($429k), Thailand ($266k), and United Arab Emirates ($9.4k).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Hard Rubber exports accounted up to MYR2.38M and imports accounted up to MYR945k, resulting in a positive trade balance of MYR1.44M. Between June 2023 and June 2024 the exports of Malaysia's   Hard Rubber have increased by MYR186k (8.46%) from MYR2.2M to MYR2.38M, while imports increased by MYR186k (24.5%) from MYR759k to MYR945k.

Destinations In June 2024, Hard Rubber were exported mostly to Singapore (MYR1.34M), Australia (MYR302k), China (MYR226k), Hong Kong (MYR208k), and Thailand (MYR95.3k), and were imported mostly from China (MYR630k), Singapore (MYR191k), Japan (MYR36.9k), United Kingdom (MYR28.7k), and Sweden (MYR26.8k).

Growth In June 2024, the increase in Hard Rubber's year-by-year exports was explained primarily by an increase in exports to Japan (MYR173k or 2.35k%), Thailand (MYR167k or 1.06k%), and Hong Kong (MYR103k or 714%). In June 2024, the increase in Hard Rubber's year-by-year imports was explained primarily by an increase in imports from Chinese Taipei (MYR79.5k or 178%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR186k(8.46%)
IMPORT GROWTH (June 2023 - June 2024)MYR186k(24.5%)
MAIN DESTINATION (June 2024)SingaporeMYR1.34M

This section shows Hard Rubber'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 Hard Rubber over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.63M
IMPORTS (2022)$3.38M
NET TRADE (2022)$2.25M

In 2022, Malaysia exported $5.63M in Hard Rubber. The main destinations of Malaysia exports on Hard Rubber were Singapore ($3.78M), China ($489k), Morocco ($216k), Australia ($194k), and Thailand ($177k).

In 2022, Malaysia imported $3.38M in Hard Rubber, mainly from China ($1.89M), Thailand ($576k), Chinese Taipei ($468k), Singapore ($164k), and Japan ($80.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hard Rubber EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Singapore$329k (9.54%)
Japan$125k (391%)
Thailand$102k (137%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hard Rubber BY Malaysia WERE (2021 - 2022):
China-$185k (-27.5%)
Hungary-$68.8k (-60.1%)
Australia-$58.7k (-23.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Hard Rubber were:
China $67.4M
Chinese Taipei $47.2M
Thailand $20.4M
In 2022, Malaysia's main importing competitors in Hard Rubber were:
United States $33.1M
Japan $30.6M
China $17.7M

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Trade Value of Hard Rubber by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $117k
TOP IMPORT POTENTIALThailand+ $109k

Hard Rubber’s highest export potential is China. With an export gap of $117k.   Hard Rubber’s highest import potential is Thailand with an import gap of $109k.

See methodology.

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