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2022
Exports $46.6MWorld Rnk 23 / 110
Flag Rnk 384 / 1198
2022
Destination $7.7M Mexico
2021 - 2022
FASTEST GROWING MARKET $7.7MMexico
2022
PRODUCT COMPLEXITY IN Hormones0.61Rnk 317 / 1025
2022
Imports $15.9MWorld Rnk 41 / 188
Flag Rnk 756 / 1203
2022
Origin $493k China
2021 - 2022
FASTEST GROWING ORIGIN $493kMexico
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $46.6M in Hormones, making it the 23rd largest exporter of Hormones in the world. At the same year, Hormones was the 384th most exported product in Malaysia. The main destination of Hormones exports from Malaysia are: Mexico ($14M), India ($3.76M), Morocco ($3.68M), United States ($3.04M), and Bangladesh ($2.93M).

The fastest growing export markets for Hormones of Malaysia between 2021 and 2022 were Mexico ($7.7M), Bangladesh ($1.18M), and India ($973k).

Imports In 2022, Malaysia imported $15.9M in Hormones, becoming the 41st largest importer of Hormones in the world. At the same year, Hormones was the 756th most imported product in Malaysia. Malaysia imports Hormones primarily from: China ($10.3M), India ($1.19M), Italy ($898k), Singapore ($727k), and Mexico ($713k).

The fastest growing import markets in Hormones for Malaysia between 2021 and 2022 were Mexico ($493k), United States ($322k), and India ($259k).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Hormones exports accounted up to MYR24.7M and imports accounted up to MYR1.94M, resulting in a positive trade balance of MYR22.7M. Between June 2023 and June 2024 the exports of Malaysia's   Hormones have increased by MYR17M (223%) from MYR7.64M to MYR24.7M, while imports increased by MYR261k (15.5%) from MYR1.68M to MYR1.94M.

Destinations In June 2024, Hormones were exported mostly to Morocco (MYR8.66M), Pakistan (MYR5.77M), Egypt (MYR2.87M), Spain (MYR2.48M), and South Korea (MYR872k), and were imported mostly from Italy (MYR541k), Mexico (MYR532k), Spain (MYR336k), Singapore (MYR139k), and Australia (MYR112k).

Growth In June 2024, the increase in Hormones's year-by-year exports was explained primarily by an increase in exports to Turkey (MYR983k or 78.3%), Brazil (MYR672k or 1.08k%), and Spain (MYR496k or 1.33k%). In June 2024, the increase in Hormones's year-by-year imports was explained primarily by an increase in imports from India (MYR935k or 744%), China (MYR499k or 197%), and Spain (MYR127k or 251%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR17M(223%)
IMPORT GROWTH (June 2023 - June 2024)MYR261k(15.5%)
MAIN DESTINATION (June 2024)MoroccoMYR8.66M

This section shows Hormones'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 Hormones over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$46.6M
IMPORTS (2022)$15.9M
NET TRADE (2022)$30.7M

In 2022, Malaysia exported $46.6M in Hormones. The main destinations of Malaysia exports on Hormones were Mexico ($14M), India ($3.76M), Morocco ($3.68M), United States ($3.04M), and Bangladesh ($2.93M).

In 2022, Malaysia imported $15.9M in Hormones, mainly from China ($10.3M), India ($1.19M), Italy ($898k), Singapore ($727k), and Mexico ($713k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hormones EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Mexico$7.7M (122%)
Bangladesh$1.18M (67.6%)
India$973k (34.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hormones BY Malaysia WERE (2021 - 2022):
Singapore-$8.53M (-89.8%)
Pakistan-$1.05M (-39.2%)
South Korea-$1.03M (-39.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Hormones were:
Ireland $7.02B
Switzerland $2.8B
United States $2.79B
In 2022, Malaysia's main importing competitors in Hormones were:
United States $6.4B
Austria $2.81B
Italy $2.73B

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Trade Value of Hormones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.65M
TOP IMPORT POTENTIALChina+ $1.32M

Hormones’s highest export potential is United States. With an export gap of $4.65M.   Hormones’s highest import potential is China with an import gap of $1.32M.

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