Labels in Malaysia | The Observatory of Economic Complexity

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Exports In 2022, Malaysia exported $2.06M in Labels, making it the 38th largest exporter of Labels in the world. At the same year, Labels was the 872nd most exported product in Malaysia. The main destination of Labels exports from Malaysia are: Hong Kong ($1.14M), Indonesia ($249k), Pakistan ($146k), Burma ($109k), and Singapore ($81.8k).

The fastest growing export markets for Labels of Malaysia between 2021 and 2022 were Pakistan ($118k), Jordan ($34.3k), and Bangladesh ($30.8k).

Imports In 2022, Malaysia imported $4.39M in Labels, becoming the 44th largest importer of Labels in the world. At the same year, Labels was the 957th most imported product in Malaysia. Malaysia imports Labels primarily from: China ($2.82M), Hong Kong ($650k), Pakistan ($229k), Vietnam ($173k), and United States ($132k).

The fastest growing import markets in Labels for Malaysia between 2021 and 2022 were China ($1.69M), India ($34.2k), and Turkey ($20.7k).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Labels exports accounted up to MYR1.13M and imports accounted up to MYR1.38M, resulting in a negative trade balance of MYR249k. Between June 2023 and June 2024 the exports of Malaysia's Labels have increased by MYR460k (69%) from MYR667k to MYR1.13M, while imports decreased by MYR-175k (-11.3%) from MYR1.55M to MYR1.38M.

Destinations In June 2024, Labels were exported mostly to Hong Kong (MYR698k), Indonesia (MYR329k), Singapore (MYR23.3k), Australia (MYR18.5k), and Philippines (MYR17k), and were imported mostly from China (MYR526k), Hong Kong (MYR488k), Singapore (MYR152k), Sri Lanka (MYR132k), and United States (MYR39.1k).

Growth In June 2024, the increase in Labels's year-by-year exports was explained primarily by an increase in exports to Indonesia (MYR49.7k or 81.2%) and Australia (MYR3.63k or 33.3%). In June 2024, the decrease in Labels's year-by-year imports was explained primarily by a decrease in imports from Chinese Taipei (MYR-155k or -96%), United States (MYR-64.5k or -75.7%), and Japan (MYR-26.8k or -89.2%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)MYR460k(69%)

IMPORT GROWTH (June 2023 - June 2024)MYR-175k(-11.3%)

MAIN DESTINATION (June 2024)Hong KongMYR698k

This section shows Labels'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 Labels over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$2.06M

IMPORTS (2022)$4.39M

NET TRADE (2022)-$2.33M

In 2022, Malaysia exported $2.06M in Labels. The main destinations of Malaysia exports on Labels were Hong Kong ($1.14M), Indonesia ($249k), Pakistan ($146k), Burma ($109k), and Singapore ($81.8k).

In 2022, Malaysia imported $4.39M in Labels, mainly from China ($2.82M), Hong Kong ($650k), Pakistan ($229k), Vietnam ($173k), and United States ($132k).

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