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2022
Exports $4.81MWorld Rnk 34 / 153
Flag Rnk 749 / 1198
2022
Destination $1.76M Brunei
2021 - 2022
FASTEST GROWING MARKET $1.76MBrunei
2022
PRODUCT COMPLEXITY IN Laboratory Reagents1.53Rnk 45 / 1025
2022
Imports $3.93MWorld Rnk 54 / 180
Flag Rnk 974 / 1203
2022
Origin $1.15M Chinese Taipei
2021 - 2022
FASTEST GROWING ORIGIN $1.15MChinese Taipei
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $4.81M in Laboratory Reagents, making it the 34th largest exporter of Laboratory Reagents in the world. At the same year, Laboratory Reagents was the 749th most exported product in Malaysia. The main destination of Laboratory Reagents exports from Malaysia are: Brunei ($4.38M), Philippines ($183k), Chinese Taipei ($71.2k), Sao Tome and Principe ($51k), and Cote d'Ivoire ($45.4k).

The fastest growing export markets for Laboratory Reagents of Malaysia between 2021 and 2022 were Brunei ($1.76M), Cote d'Ivoire ($34.9k), and Mozambique ($4.86k).

Imports In 2022, Malaysia imported $3.93M in Laboratory Reagents, becoming the 54th largest importer of Laboratory Reagents in the world. At the same year, Laboratory Reagents was the 974th most imported product in Malaysia. Malaysia imports Laboratory Reagents primarily from: Chinese Taipei ($3.75M) and Brunei ($177k).

The fastest growing import markets in Laboratory Reagents for Malaysia between 2021 and 2022 were Chinese Taipei ($1.15M) and Brunei ($142k).

Latest Trends

September 2024

About

Overview In September 2024 Malaysia's Laboratory Reagents exports accounted up to MYR6.79M and imports accounted up to MYR82M, resulting in a negative trade balance of MYR75.2M. Between September 2023 and September 2024 the exports of Malaysia's   Laboratory Reagents have increased by MYR2.56M (60.5%) from MYR4.23M to MYR6.79M, while imports increased by MYR6.07M (7.99%) from MYR75.9M to MYR82M.

Destinations In September 2024, Laboratory Reagents were exported mostly to United States (MYR1.69M), Brunei (MYR934k), Democratic Republic of the Congo (MYR634k), Vietnam (MYR534k), and Singapore (MYR394k), and were imported mostly from United States (MYR22.3M), Singapore (MYR20.5M), Germany (MYR7.6M), China (MYR6.35M), and South Korea (MYR6.12M).

Growth In September 2024, the increase in Laboratory Reagents's year-by-year exports was explained primarily by an increase in exports to United States (MYR936k or 122%), Singapore (MYR438k or 111%), and Brunei (MYR323k or 197%). In September 2024, the increase in Laboratory Reagents's year-by-year imports was explained primarily by an increase in imports from Germany (MYR2.91M or 39.7%), Ireland (MYR2.77M or 611%), and Switzerland (MYR861k or 230%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)MYR2.56M(60.5%)
IMPORT GROWTH (September 2023 - September 2024)MYR6.07M(7.99%)
MAIN DESTINATION (September 2024)United StatesMYR1.69M

This section shows Laboratory Reagents'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 Laboratory Reagents over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.81M
IMPORTS (2022)$3.93M
NET TRADE (2022)$886k

In 2022, Malaysia exported $4.81M in Laboratory Reagents. The main destinations of Malaysia exports on Laboratory Reagents were Brunei ($4.38M), Philippines ($183k), Chinese Taipei ($71.2k), Sao Tome and Principe ($51k), and Cote d'Ivoire ($45.4k).

In 2022, Malaysia imported $3.93M in Laboratory Reagents, mainly from Chinese Taipei ($3.75M) and Brunei ($177k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Laboratory Reagents EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Brunei$1.76M (66.9%)
Cote d'Ivoire$34.9k (331%)
Mozambique$4.86k (30.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Laboratory Reagents BY Malaysia WERE (2021 - 2022):
France-$11M (-100%)
Thailand-$2.34M (-100%)
Indonesia-$2.32M (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Laboratory Reagents were:
United States $521M
Chinese Taipei $423M
Germany $163M
In 2022, Malaysia's main importing competitors in Laboratory Reagents were:
Chinese Taipei $427M
Philippines $176M
Argentina $174M

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Trade Value of Laboratory Reagents by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSingapore+ $2.01M
TOP IMPORT POTENTIALChina+ $34.4M

Laboratory Reagents’s highest export potential is Singapore. With an export gap of $2.01M.   Laboratory Reagents’s highest import potential is China with an import gap of $34.4M.

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