Hats in Malaysia | The Observatory of Economic Complexity

About

Exports In 2022, Malaysia exported $277k in Hats, making it the 55th largest exporter of Hats in the world. At the same year, Hats was the 1050th most exported product in Malaysia. The main destination of Hats exports from Malaysia are: Singapore ($189k), Thailand ($43.8k), Indonesia ($18.8k), Brunei ($11k), and Papua New Guinea ($4.77k).

The fastest growing export markets for Hats of Malaysia between 2021 and 2022 were Singapore ($133k), Indonesia ($9.38k), and Thailand ($4.75k).

Imports In 2022, Malaysia imported $2.77M in Hats, becoming the 29th largest importer of Hats in the world. At the same year, Hats was the 1007th most imported product in Malaysia. Malaysia imports Hats primarily from: Indonesia ($1.38M), China ($1.15M), Singapore ($47.4k), Hong Kong ($37.1k), and Thailand ($21.1k).

The fastest growing import markets in Hats for Malaysia between 2021 and 2022 were Indonesia ($590k), Hong Kong ($34.6k), and Singapore ($17.8k).

Latest Trends

August 2024

About

Overview In August 2024 Malaysia's Hats exports accounted up to MYR58.9k and imports accounted up to MYR401k, resulting in a negative trade balance of MYR342k. Between August 2023 and August 2024 the exports of Malaysia's Hats have decreased by MYR-147k (-71.4%) from MYR206k to MYR58.9k, while imports decreased by MYR-81.7k (-16.9%) from MYR483k to MYR401k.

Destinations In August 2024, Hats were exported mostly to Singapore (MYR30.6k), Brunei (MYR8.68k), Thailand (MYR6.54k), Qatar (MYR5.63k), and United Arab Emirates (MYR3.08k), and were imported mostly from China (MYR277k), Italy (MYR25.8k), Vietnam (MYR11.6k), Bangladesh (MYR11.6k), and Thailand (MYR11.4k).

Growth In August 2024, the decrease in Hats's year-by-year exports was explained primarily by a decrease in exports to Singapore (MYR-53.6k or -46.2%). In August 2024, the decrease in Hats's year-by-year imports was explained primarily by a decrease in imports from China (MYR-349k or -64.3%), Thailand (MYR-26.1k or -79.9%), and Italy (MYR-10.2k or -52.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2023 - August 2024)MYR-147k(-71.4%)

IMPORT GROWTH (August 2023 - August 2024)MYR-81.7k(-16.9%)

MAIN DESTINATION (August 2024)SingaporeMYR30.6k

This section shows Hats'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 Hats over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$277k

IMPORTS (2022)$2.77M

NET TRADE (2022)-$2.49M

In 2022, Malaysia exported $277k in Hats. The main destinations of Malaysia exports on Hats were Singapore ($189k), Thailand ($43.8k), Indonesia ($18.8k), Brunei ($11k), and Papua New Guinea ($4.77k).

In 2022, Malaysia imported $2.77M in Hats, mainly from Indonesia ($1.38M), China ($1.15M), Singapore ($47.4k), Hong Kong ($37.1k), and Thailand ($21.1k).

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