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2022
Exports $119MWorld Rnk 47 / 226
Flag Rnk 261 / 1198
2022
Destination $6.16M Singapore
2021 - 2022
FASTEST GROWING MARKET $6.16MUnited Kingdom
2022
PRODUCT COMPLEXITY IN Knit T-shirts-1.34Rnk 921 / 1025
2022
Imports $514MWorld Rnk 22 / 223
Flag Rnk 103 / 1203
2022
Origin $161MN/A
2021 - 2022
FASTEST GROWING ORIGIN $161MSingapore
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $119M in Knit T-shirts, making it the 47th largest exporter of Knit T-shirts in the world. At the same year, Knit T-shirts was the 261st most exported product in Malaysia. The main destination of Knit T-shirts exports from Malaysia are: Singapore ($27.3M), United States ($17.3M), United Arab Emirates ($11.6M), Japan ($10.1M), and United Kingdom ($6.96M).

The fastest growing export markets for Knit T-shirts of Malaysia between 2021 and 2022 were United Kingdom ($6.16M), United Arab Emirates ($4.82M), and Singapore ($3.8M).

Imports In 2022, Malaysia imported $514M in Knit T-shirts, becoming the 22nd largest importer of Knit T-shirts in the world. At the same year, Knit T-shirts was the 103rd most imported product in Malaysia. Malaysia imports Knit T-shirts primarily from: N/A.

The fastest growing import markets in Knit T-shirts for Malaysia between 2021 and 2022 were Singapore ($161M), China ($47.1M), and Hong Kong ($18.6M).

COMPANIES In 2023, leading companies such as H&M Clothing (2) and Kontoor Brands (2) were at the forefront of shipping Knit T-shirts from Malaysia to the United States.

Latest Trends

September 2024

About

Overview In September 2024 Malaysia's Knit T-shirts exports accounted up to MYR35.3M and imports accounted up to MYR194M, resulting in a negative trade balance of MYR159M. Between September 2023 and September 2024 the exports of Malaysia's   Knit T-shirts have increased by MYR6.04M (20.7%) from MYR29.2M to MYR35.3M, while imports increased by MYR33.8M (21.1%) from MYR160M to MYR194M.

Destinations In September 2024, Knit T-shirts were exported mostly to Singapore (MYR18.8M), United States (MYR1.86M), Japan (MYR1.83M), India (MYR1.48M), and Indonesia (MYR1.47M), and were imported mostly from Singapore (MYR116M), China (MYR28.5M), Vietnam (MYR13.9M), Bangladesh (MYR10.2M), and India (MYR3M).

Growth In September 2024, the increase in Knit T-shirts's year-by-year exports was explained primarily by an increase in exports to Japan (MYR4.04M or 56.6%), Hong Kong (MYR1.39M or 86.2%), and United Kingdom (MYR1.21M or 324%). In September 2024, the increase in Knit T-shirts's year-by-year imports was explained primarily by an increase in imports from Singapore (MYR62.4M or 514%), China (MYR25.5M or 103%), and Burma (MYR2.13M or 1.03k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)MYR6.04M(20.7%)
IMPORT GROWTH (September 2023 - September 2024)MYR33.8M(21.1%)
MAIN DESTINATION (September 2024)SingaporeMYR18.8M

This section shows Knit T-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 T-shirts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$119M
IMPORTS (2022)$514M
NET TRADE (2022)-$395M

In 2022, Malaysia exported $119M in Knit T-shirts. The main destinations of Malaysia exports on Knit T-shirts were Singapore ($27.3M), United States ($17.3M), United Arab Emirates ($11.6M), Japan ($10.1M), and United Kingdom ($6.96M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit T-shirts EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
United Kingdom$6.16M (771%)
United Arab Emirates$4.82M (71.5%)
Singapore$3.8M (16.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit T-shirts BY Malaysia WERE (2021 - 2022):
Japan-$6.86M (-40.4%)
United States-$6.5M (-27.3%)
Germany-$546k (-17.1%)
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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 T-shirts were:
China $9.12B
Bangladesh $9.06B
Turkey $2.8B
In 2022, Malaysia's main importing competitors in Knit T-shirts were:
United States $11.5B
Germany $5.63B
France $2.7B

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Trade Value of Knit T-shirts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $11.7M
TOP IMPORT POTENTIALBangladesh+ $44.7M

Knit T-shirts’s highest export potential is United States. With an export gap of $11.7M.   Knit T-shirts’s highest import potential is Bangladesh with an import gap of $44.7M.

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