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2022
Exports $3.48MWorld Rnk 60 / 197
Flag Rnk 802 / 1198
2022
Destination $411k Singapore
2021 - 2022
FASTEST GROWING MARKET $411kIndonesia
2022
PRODUCT COMPLEXITY IN Knit Babies' Garments-1.54Rnk 952 / 1025
2022
Imports $41.9MWorld Rnk 37 / 216
Flag Rnk 552 / 1203
2022
Origin $7.77M China
2021 - 2022
FASTEST GROWING ORIGIN $7.77MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $3.48M in Knit Babies' Garments, making it the 60th largest exporter of Knit Babies' Garments in the world. At the same year, Knit Babies' Garments was the 802nd most exported product in Malaysia. The main destination of Knit Babies' Garments exports from Malaysia are: Singapore ($1.05M), United States ($705k), Indonesia ($546k), United Arab Emirates ($202k), and Brunei ($150k).

The fastest growing export markets for Knit Babies' Garments of Malaysia between 2021 and 2022 were Indonesia ($411k), Singapore ($176k), and United Arab Emirates ($129k).

Imports In 2022, Malaysia imported $41.9M in Knit Babies' Garments, becoming the 37th largest importer of Knit Babies' Garments in the world. At the same year, Knit Babies' Garments was the 552nd most imported product in Malaysia. Malaysia imports Knit Babies' Garments primarily from: China ($23.5M), India ($4.14M), Bangladesh ($3.41M), Vietnam ($2.09M), and Indonesia ($1.86M).

The fastest growing import markets in Knit Babies' Garments for Malaysia between 2021 and 2022 were China ($7.77M), Bangladesh ($2.59M), and India ($2.52M).

COMPANIES In 2023, leading companies such as H&M Clothing (4) were at the forefront of shipping Knit Babies' Garments from Malaysia to the United States.

Latest Trends

October 2024

About

Overview In October 2024 Malaysia's Knit Babies' Garments exports accounted up to MYR1.57M and imports accounted up to MYR7.22M, resulting in a negative trade balance of MYR5.66M. Between October 2023 and October 2024 the exports of Malaysia's   Knit Babies' Garments have increased by MYR694k (79.7%) from MYR872k to MYR1.57M, while imports increased by MYR2.86M (65.6%) from MYR4.36M to MYR7.22M.

Destinations In October 2024, Knit Babies' Garments were exported mostly to Indonesia (MYR1.02M), Singapore (MYR257k), Ghana (MYR175k), Brunei (MYR68.9k), and Australia (MYR13.6k), and were imported mostly from China (MYR3.79M), India (MYR1.39M), Bangladesh (MYR872k), Hong Kong (MYR238k), and Vietnam (MYR223k).

Growth In October 2024, the increase in Knit Babies' Garments's year-by-year exports was explained primarily by an increase in exports to Singapore (MYR179k or 85.1%) and Indonesia (MYR75.9k or 4.73k%). In October 2024, the increase in Knit Babies' Garments's year-by-year imports was explained primarily by an increase in imports from China (MYR2.37M or 148%), Bangladesh (MYR1.95M or 164%), and India (MYR722k or 61.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)MYR694k(79.7%)
IMPORT GROWTH (October 2023 - October 2024)MYR2.86M(65.6%)
MAIN DESTINATION (October 2024)IndonesiaMYR1.02M

This section shows Knit Babies' Garments'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 Knit Babies' Garments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.48M
IMPORTS (2022)$41.9M
NET TRADE (2022)-$38.4M

In 2022, Malaysia exported $3.48M in Knit Babies' Garments. The main destinations of Malaysia exports on Knit Babies' Garments were Singapore ($1.05M), United States ($705k), Indonesia ($546k), United Arab Emirates ($202k), and Brunei ($150k).

In 2022, Malaysia imported $41.9M in Knit Babies' Garments, mainly from China ($23.5M), India ($4.14M), Bangladesh ($3.41M), Vietnam ($2.09M), and Indonesia ($1.86M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Babies' Garments EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Indonesia$411k (304%)
Singapore$176k (20.2%)
United Arab Emirates$129k (178%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Babies' Garments BY Malaysia WERE (2021 - 2022):
United States-$1.33M (-65.4%)
Panama-$91.3k (-62.4%)
Saudi Arabia-$59.8k (-98%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Knit Babies' Garments were:
China $2.45B
Bangladesh $1.29B
India $1.08B
In 2022, Malaysia's main importing competitors in Knit Babies' Garments were:
United States $2.31B
Germany $759M
United Kingdom $629M

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Trade Value of Knit Babies' Garments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $751k
TOP IMPORT POTENTIALChina+ $4.55M

Knit Babies' Garments’s highest export potential is United States. With an export gap of $751k.   Knit Babies' Garments’s highest import potential is China with an import gap of $4.55M.

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