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2022
Exports $4MWorld Rnk 67 / 195
Flag Rnk 783 / 1198
2022
Destination $277k Hong Kong
2021 - 2022
FASTEST GROWING MARKET $277kHong Kong
2022
PRODUCT COMPLEXITY IN Iron Stovetops0.23Rnk 479 / 1025
2022
Imports $134MWorld Rnk 21 / 221
Flag Rnk 309 / 1203
2022
Origin $31.8M China
2021 - 2022
FASTEST GROWING ORIGIN $31.8MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $4M in Iron Stovetops, making it the 67th largest exporter of Iron Stovetops in the world. At the same year, Iron Stovetops was the 783rd most exported product in Malaysia. The main destination of Iron Stovetops exports from Malaysia are: Hong Kong ($921k), Australia ($807k), United States ($375k), Vietnam ($354k), and Netherlands ($267k).

The fastest growing export markets for Iron Stovetops of Malaysia between 2021 and 2022 were Hong Kong ($277k), Netherlands ($203k), and United States ($142k).

Imports In 2022, Malaysia imported $134M in Iron Stovetops, becoming the 21st largest importer of Iron Stovetops in the world. At the same year, Iron Stovetops was the 309th most imported product in Malaysia. Malaysia imports Iron Stovetops primarily from: China ($127M), Indonesia ($2.49M), Vietnam ($1.44M), Chinese Taipei ($1.03M), and Thailand ($376k).

The fastest growing import markets in Iron Stovetops for Malaysia between 2021 and 2022 were China ($31.8M), Indonesia ($481k), and Vietnam ($173k).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Iron Stovetops exports accounted up to MYR3.67M and imports accounted up to MYR19M, resulting in a negative trade balance of MYR15.4M. Between June 2023 and June 2024 the exports of Malaysia's   Iron Stovetops have increased by MYR2.41M (191%) from MYR1.26M to MYR3.67M, while imports increased by MYR4.73M (33%) from MYR14.3M to MYR19M.

Destinations In June 2024, Iron Stovetops were exported mostly to United States (MYR3.13M), Hong Kong (MYR194k), Singapore (MYR148k), Sri Lanka (MYR74.6k), and Mauritius (MYR39.2k), and were imported mostly from China (MYR17.9M), Singapore (MYR764k), Spain (MYR94.1k), United States (MYR90.2k), and Indonesia (MYR60.5k).

Growth In June 2024, the increase in Iron Stovetops's year-by-year exports was explained primarily by an increase in exports to Thailand (MYR1.87k or 32.6%). In June 2024, the increase in Iron Stovetops's year-by-year imports was explained primarily by an increase in imports from Indonesia (MYR142k or 25%) and United States (MYR109k or 2.15k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR2.41M(191%)
IMPORT GROWTH (June 2023 - June 2024)MYR4.73M(33%)
MAIN DESTINATION (June 2024)United StatesMYR3.13M

This section shows Iron Stovetops'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 Iron Stovetops over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4M
IMPORTS (2022)$134M
NET TRADE (2022)-$130M

In 2022, Malaysia exported $4M in Iron Stovetops. The main destinations of Malaysia exports on Iron Stovetops were Hong Kong ($921k), Australia ($807k), United States ($375k), Vietnam ($354k), and Netherlands ($267k).

In 2022, Malaysia imported $134M in Iron Stovetops, mainly from China ($127M), Indonesia ($2.49M), Vietnam ($1.44M), Chinese Taipei ($1.03M), and Thailand ($376k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Stovetops EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Hong Kong$277k (43%)
Netherlands$203k (323%)
United States$142k (61%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Stovetops BY Malaysia WERE (2021 - 2022):
Vietnam-$634k (-64.2%)
Sri Lanka-$173k (-64.8%)
Singapore-$77.6k (-31.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Iron Stovetops were:
China $6.52B
Italy $1.15B
Mexico $702M
In 2022, Malaysia's main importing competitors in Iron Stovetops were:
United States $3.78B
Germany $1.15B
France $918M

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Trade Value of Iron Stovetops by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $730k
N/AN/AN/A

Iron Stovetops’s highest export potential is United States. With an export gap of $730k.   Iron Stovetops’s highest import potential is N/A with an import gap of N/A.

See methodology.

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