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2022
Exports $1.06MWorld Rnk 10 / 93
Flag Rnk 939 / 1198
2022
Destination $600k Indonesia
2021 - 2022
FASTEST GROWING MARKET $600kIndonesia
2022
Imports $76.1kWorld Rnk 63 / 163
Flag Rnk 1175 / 1203
2022
Origin $37.9k Bangladesh
2021 - 2022
FASTEST GROWING ORIGIN $37.9kBangladesh
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $1.06M in Jute and Other Textile Fibers, making it the 10th largest exporter of Jute and Other Textile Fibers in the world. At the same year, Jute and Other Textile Fibers was the 939th most exported product in Malaysia. The main destination of Jute and Other Textile Fibers exports from Malaysia are: Indonesia ($876k), Benin ($86.9k), Nigeria ($85.9k), Senegal ($8.96k), and South Korea ($2.08k).

The fastest growing export markets for Jute and Other Textile Fibers of Malaysia between 2021 and 2022 were Indonesia ($600k), Nigeria ($39.1k), and Senegal ($8.96k).

Imports In 2022, Malaysia imported $76.1k in Jute and Other Textile Fibers, becoming the 63rd largest importer of Jute and Other Textile Fibers in the world. At the same year, Jute and Other Textile Fibers was the 1175th most imported product in Malaysia. Malaysia imports Jute and Other Textile Fibers primarily from: Bangladesh ($74.7k), Singapore ($1.09k), and Canada ($314).

The fastest growing import markets in Jute and Other Textile Fibers for Malaysia between 2021 and 2022 were Bangladesh ($37.9k), Singapore ($1.08k), and Canada ($314).

Latest Trends

September 2024

About

Overview In September 2024 Malaysia's Jute and Other Textile Fibers exports accounted up to MYR183k and imports accounted up to MYR15.6k, resulting in a positive trade balance of MYR168k. Between September 2023 and September 2024 the exports of Malaysia's   Jute and Other Textile Fibers have decreased by MYR-227k (-55.4%) from MYR410k to MYR183k, while imports increased by MYR15.3k (6.91k%) from MYR222 to MYR15.6k.

Destinations In September 2024, Jute and Other Textile Fibers were exported mostly to Indonesia (MYR146k), Thailand (MYR36.8k), and United States (MYR8), and were imported mostly from India (MYR15.6k).

Growth In September 2024, the decrease in Jute and Other Textile Fibers's year-by-year exports was explained primarily by a decrease in exports to . In September 2024, the increase in Jute and Other Textile Fibers's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)MYR-227k(-55.4%)
IMPORT GROWTH (May 2023 - September 2024)MYR15.3k(6.91k%)
MAIN DESTINATION (September 2024)IndonesiaMYR146k

This section shows Jute and Other Textile Fibers'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 Jute and Other Textile Fibers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.06M
IMPORTS (2022)$76.1k
NET TRADE (2022)$984k

In 2022, Malaysia exported $1.06M in Jute and Other Textile Fibers. The main destinations of Malaysia exports on Jute and Other Textile Fibers were Indonesia ($876k), Benin ($86.9k), Nigeria ($85.9k), Senegal ($8.96k), and South Korea ($2.08k).

In 2022, Malaysia imported $76.1k in Jute and Other Textile Fibers, mainly from Bangladesh ($74.7k), Singapore ($1.09k), and Canada ($314).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Jute and Other Textile Fibers EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Indonesia$600k (218%)
Nigeria$39.1k (83.5%)
Senegal$8.96k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Jute and Other Textile Fibers BY Malaysia WERE (2021 - 2022):
Benin-$92.4k (-51.5%)
Germany-$4.77k (-100%)
Netherlands-$2.82k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Jute and Other Textile Fibers were:
Bangladesh $205M
India $29.1M
Tanzania $24.1M
In 2022, Malaysia's main importing competitors in Jute and Other Textile Fibers were:
India $97.2M
Pakistan $52M
Nepal $33.2M

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Trade Value of Jute and Other Textile Fibers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNigeria+ $4.45k
TOP IMPORT POTENTIALBangladesh+ $44.1k

Jute and Other Textile Fibers’s highest export potential is Nigeria. With an export gap of $4.45k.   Jute and Other Textile Fibers’s highest import potential is Bangladesh with an import gap of $44.1k.

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