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2022
Exports $8.91MWorld Rnk 62 / 200
Flag Rnk 654 / 1198
2022
Destination $1.94M Singapore
2021 - 2022
FASTEST GROWING MARKET $1.94MSingapore
2022
PRODUCT COMPLEXITY IN Knit Men's Shirts-1.58Rnk 957 / 1025
2022
Imports $67.9MWorld Rnk 23 / 222
Flag Rnk 447 / 1203
2022
Origin $21.5M China
2021 - 2022
FASTEST GROWING ORIGIN $21.5MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $8.91M in Knit Men's Shirts, making it the 62nd largest exporter of Knit Men's Shirts in the world. At the same year, Knit Men's Shirts was the 654th most exported product in Malaysia. The main destination of Knit Men's Shirts exports from Malaysia are: Singapore ($3.94M), United States ($1.7M), Japan ($900k), Brunei ($412k), and Hong Kong ($320k).

The fastest growing export markets for Knit Men's Shirts of Malaysia between 2021 and 2022 were Singapore ($1.94M), United States ($1.3M), and Brunei ($297k).

Imports In 2022, Malaysia imported $67.9M in Knit Men's Shirts, becoming the 23rd largest importer of Knit Men's Shirts in the world. At the same year, Knit Men's Shirts was the 447th most imported product in Malaysia. Malaysia imports Knit Men's Shirts primarily from: China ($39.5M), Bangladesh ($8.45M), Singapore ($3.89M), India ($3.64M), and Vietnam ($2.31M).

The fastest growing import markets in Knit Men's Shirts for Malaysia between 2021 and 2022 were China ($21.5M), Singapore ($2.64M), and India ($2.51M).

Latest Trends

August 2024

About

Overview In August 2024 Malaysia's Knit Men's Shirts exports accounted up to MYR4.87M and imports accounted up to MYR24M, resulting in a negative trade balance of MYR19.1M. Between August 2023 and August 2024 the exports of Malaysia's   Knit Men's Shirts have increased by MYR2.31M (90%) from MYR2.57M to MYR4.87M, while imports increased by MYR4.07M (20.4%) from MYR19.9M to MYR24M.

Destinations In August 2024, Knit Men's Shirts were exported mostly to Singapore (MYR2.44M), United States (MYR601k), Hong Kong (MYR523k), Philippines (MYR247k), and Cambodia (MYR211k), and were imported mostly from China (MYR10.8M), Bangladesh (MYR2.66M), Vietnam (MYR2.48M), Singapore (MYR1.48M), and India (MYR1.34M).

Growth In August 2024, the increase in Knit Men's Shirts's year-by-year exports was explained primarily by an increase in exports to United States (MYR1.03M or 81.7%), Vietnam (MYR65k or 224%), and China (MYR20.3k or 135%). In August 2024, the increase in Knit Men's Shirts's year-by-year imports was explained primarily by an increase in imports from India (MYR950k or 92.5%), France (MYR435k or 412%), and Peru (MYR203k or 634%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)MYR2.31M(90%)
IMPORT GROWTH (August 2023 - August 2024)MYR4.07M(20.4%)
MAIN DESTINATION (August 2024)SingaporeMYR2.44M

This section shows Knit Men's Shirts'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 Men's Shirts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$8.91M
IMPORTS (2022)$67.9M
NET TRADE (2022)-$59M

In 2022, Malaysia exported $8.91M in Knit Men's Shirts. The main destinations of Malaysia exports on Knit Men's Shirts were Singapore ($3.94M), United States ($1.7M), Japan ($900k), Brunei ($412k), and Hong Kong ($320k).

In 2022, Malaysia imported $67.9M in Knit Men's Shirts, mainly from China ($39.5M), Bangladesh ($8.45M), Singapore ($3.89M), India ($3.64M), and Vietnam ($2.31M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Men's Shirts EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Singapore$1.94M (96.6%)
United States$1.3M (325%)
Brunei$297k (258%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Men's Shirts BY Malaysia WERE (2021 - 2022):
Spain-$386k (-92.4%)
Germany-$232k (-75.7%)
Hong Kong-$210k (-39.7%)
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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 Men's Shirts were:
Bangladesh $1.44B
China $1.42B
Vietnam $920M
In 2022, Malaysia's main importing competitors in Knit Men's Shirts were:
United States $2.7B
Germany $804M
United Kingdom $512M

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Trade Value of Knit Men's Shirts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.51M
TOP IMPORT POTENTIALBangladesh+ $6.48M

Knit Men's Shirts’s highest export potential is United States. With an export gap of $1.51M.   Knit Men's Shirts’s highest import potential is Bangladesh with an import gap of $6.48M.

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