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2023
Exports $66.8MWorld Rnk 14 / 58
Flag Rnk 318 / 1208
2023
Destination $33.3M United States
2022 - 2023
FASTEST GROWING MARKET $33.3MUnited States
2023
PRODUCT COMPLEXITY IN Nickel Mattes-1.45Rnk 938 / 1025
2023
Imports $1.3MWorld Rnk 19 / 89
Flag Rnk 1059 / 1211
2023
Origin $635kN/A
2022 - 2023
FASTEST GROWING ORIGIN $635kHungary
2023
ECONOMIC COMPLEXITY of Malaysia1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $66.8M in Nickel Mattes, making it the 14th largest exporter of Nickel Mattes in the world. At the same year, Nickel Mattes was the 318th most exported product in Malaysia. The main destination of Nickel Mattes exports from Malaysia are: United States ($33.3M), China ($31.5M), Thailand ($1.35M), Australia ($448k), and Hong Kong ($240k).

The fastest growing export markets for Nickel Mattes of Malaysia between 2022 and 2023 were United States ($33.3M), China ($31.1M), and Australia ($448k).

Imports In 2023, Malaysia imported $1.3M in Nickel Mattes, becoming the 19th largest importer of Nickel Mattes in the world. At the same year, Nickel Mattes was the 1059th most imported product in Malaysia. Malaysia imports Nickel Mattes primarily from: N/A.

The fastest growing import markets in Nickel Mattes for Malaysia between 2022 and 2023 were Hungary ($635k), China ($115k), and Netherlands ($21.5k).

Latest Trends

August 2024

About

Overview In August 2024 Malaysia's Nickel Mattes exports accounted up to MYR6.42k and imports accounted up to MYR989k, resulting in a negative trade balance of MYR982k. Between October 2022 and August 2024 the exports of Malaysia's   Nickel Mattes have decreased by MYR-7.3M (-99.9%) from MYR7.31M to MYR6.42k, while imports increased by MYR591k (148%) from MYR398k to MYR989k.

Destinations In August 2024, Nickel Mattes were exported mostly to , and were imported mostly from China (MYR859k) and Japan (MYR130k).

Growth In August 2024, the decrease in Nickel Mattes's year-by-year exports was explained primarily by a decrease in exports to . In November 2024, the increase in Nickel Mattes's year-by-year imports was explained primarily by an increase in imports from China (MYR464k or 113%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2022 - August 2024)MYR-7.3M(-99.9%)
IMPORT GROWTH (November 2023 - November 2024)MYR591k(148%)
MAIN DESTINATION (August 2024)

This section shows Nickel Mattes'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 Nickel Mattes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$66.8M
IMPORTS (2023)$1.3M
NET TRADE (2023)$65.5M

In 2023, Malaysia exported $66.8M in Nickel Mattes. The main destinations of Malaysia exports on Nickel Mattes were United States ($33.3M), China ($31.5M), Thailand ($1.35M), Australia ($448k), and Hong Kong ($240k).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Nickel Mattes EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
United States$33.3M (1%)
China$31.1M (8.01k%)
Australia$448k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nickel Mattes BY Malaysia WERE (2022 - 2023):
India-$3.33M (-100%)
United Kingdom-$23.9k (-100%)
Singapore-$6.09k (-91.9%)
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Change in Exports by Market (undefined - undefined)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Nickel Mattes were:
Indonesia $7.58B
Canada $1.72B
Russia $1.27B
In 2023, Malaysia's main importing competitors in Nickel Mattes were:
China $7.49B
Norway $2.64B
Japan $2.47B

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Trade Value of Nickel Mattes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.04M
TOP IMPORT POTENTIALIndonesia+ $26.5M

Nickel Mattes’s highest export potential is China. With an export gap of $1.04M.   Nickel Mattes’s highest import potential is Indonesia with an import gap of $26.5M.

See methodology.

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