Knit T-shirts in Malaysia | The Observatory of Economic Complexity

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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: Singapore ($182M), China ($153M), Bangladesh ($58.7M), Hong Kong ($24.7M), and Vietnam ($22.7M).

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 2019, leading companies such as were at the forefront of shipping Knit T-shirts from Malaysia to the United States.

Latest Trends

September 2020

About

Overview In September 2020 Malaysia's Knit T-shirts exports accounted up to MYR30M and imports accounted up to MYR67.7M, resulting in a negative trade balance of MYR37.6M. Between September 2019 and September 2020 the exports of Malaysia's Knit T-shirts have increased by MYR6.44M (27.3%) from MYR23.6M to MYR30M, while imports increased by MYR10.8M (19%) from MYR56.8M to MYR67.7M.

Destinations In September 2020, Knit T-shirts were exported mostly to Singapore (MYR11.5M), United Arab Emirates (MYR6.98M), United States (MYR2.92M), Belgium (MYR1.73M), and Philippines (MYR1.21M), and were imported mostly from China (MYR21.6M), Bangladesh (MYR20.3M), Vietnam (MYR6.43M), Hong Kong (MYR2.42M), and India (MYR2.3M).

Growth In September 2020, the increase in Knit T-shirts's year-by-year exports was explained primarily by an increase in exports to Japan (MYR14.8M or 295%), United States (MYR8.25M or 113%), and Australia (MYR7.65M or 1.95k%). In September 2020, the increase in Knit T-shirts's year-by-year imports was explained primarily by an increase in imports from Vietnam (MYR2.73M or 43.8%), Turkey (MYR1.25M or 276%), and Spain (MYR979k or 126%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2019 - September 2020)MYR6.44M(27.3%)

IMPORT GROWTH (September 2019 - September 2020)MYR10.8M(19%)

MAIN DESTINATION (September 2020)SingaporeMYR11.5M

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

Trade Value

Growth

Growth (%)

Year

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).

In 2022, Malaysia imported $514M in Knit T-shirts, mainly from Singapore ($182M), China ($153M), Bangladesh ($58.7M), Hong Kong ($24.7M), and Vietnam ($22.7M).

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