2023
Exports
$10MWorld Rnk 57 / 208
Flag Rnk 620 / 1208
2023
PRODUCT COMPLEXITY IN Knit Men's Shirts
-1.58Rnk 956 / 1025
2023
Imports
$54.2MWorld Rnk 29 / 222
Flag Rnk 459 / 1211
2023
ECONOMIC COMPLEXITY of Malaysia
1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $10M in Knit Men's Shirts, making it the 57th largest exporter of Knit Men's Shirts in the world. At the same year, Knit Men's Shirts was the 620th most exported product in Malaysia. The main destination of Knit Men's Shirts exports from Malaysia are: Singapore ($3.78M), United States ($2.12M), Japan ($1.03M), Brunei ($914k), and Hong Kong ($460k).

The fastest growing export markets for Knit Men's Shirts of Malaysia between 2022 and 2023 were United States ($501k), Japan ($338k), and Vietnam ($169k).

Imports In 2023, Malaysia imported $54.2M in Knit Men's Shirts, becoming the 29th largest importer of Knit Men's Shirts in the world. At the same year, Knit Men's Shirts was the 459th most imported product in Malaysia. Malaysia imports Knit Men's Shirts primarily from: China ($21.8M), Bangladesh ($6.43M), Vietnam ($5.67M), India ($4.63M), and Singapore ($3.46M).

The fastest growing import markets in Knit Men's Shirts for Malaysia between 2022 and 2023 were Singapore ($3.18M), Vietnam ($1.67M), and India ($1.27M).

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)MYR5.73M(106%)
IMPORT GROWTH (November 2023 - November 2024)MYR-4.75M(-17.2%)
MAIN DESTINATION (November 2024)SingaporeMYR4.59M

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 (2023)$10M
IMPORTS (2023)$54.2M
NET TRADE (2023)-$44.2M

In 2023, Malaysia exported $10M in Knit Men's Shirts. The main destinations of Malaysia exports on Knit Men's Shirts were Singapore ($3.78M), United States ($2.12M), Japan ($1.03M), Brunei ($914k), and Hong Kong ($460k).

In 2023, Malaysia imported $54.2M in Knit Men's Shirts, mainly from China ($21.8M), Bangladesh ($6.43M), Vietnam ($5.67M), India ($4.63M), and Singapore ($3.46M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Knit Men's Shirts EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
United States$501k (31%)
Japan$338k (49.1%)
Vietnam$169k (224%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Men's Shirts BY Malaysia WERE (2022 - 2023):
Singapore-$526k (-12.2%)
Cambodia-$228k (-96.4%)
Hong Kong-$53.5k (-10.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Knit Men's Shirts were:
In 2023, Malaysia's main importing competitors in Knit Men's Shirts were:

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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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