Nitric acid, sulphonitric acids in Malaysia | The Observatory of Economic Complexity

About

Exports In 2022, Malaysia exported $4.27M in Nitric acid, sulphonitric acids, making it the 20th largest exporter of Nitric acid, sulphonitric acids in the world. At the same year, Nitric acid, sulphonitric acids was the 1697th most exported product in Malaysia. The main destination of Nitric acid, sulphonitric acids exports from Malaysia are: Indonesia ($1.84M), Singapore ($635k), Sri Lanka ($533k), Australia ($359k), and Vietnam ($312k).

The fastest growing export markets for Nitric acid, sulphonitric acids of Malaysia between 2021 and 2022 were Indonesia ($768k), Sri Lanka ($311k), and Vietnam ($253k).

Imports In 2022, Malaysia imported $33M in Nitric acid, sulphonitric acids, becoming the 6th largest importer of Nitric acid, sulphonitric acids in the world. At the same year, Nitric acid, sulphonitric acids was the 1007th most imported product in Malaysia. Malaysia imports Nitric acid, sulphonitric acids primarily from: South Korea ($30.3M), China ($1.15M), Singapore ($789k), Chinese Taipei ($365k), and Germany ($140k).

COMPANIES In 2023, leading companies such as Halyard Health (1.33k), Coaster Fine Furniture (890), and Motorola (838) were at the forefront of shipping Nitric acid, sulphonitric acids from Malaysia to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Nitric acid, sulphonitric acids exports accounted up to MYR1.49M and imports accounted up to MYR5.07M, resulting in a negative trade balance of MYR3.58M. Between June 2023 and June 2024 the exports of Malaysia's Nitric acid, sulphonitric acids have decreased by MYR-1.04M (-41.2%) from MYR2.53M to MYR1.49M, while imports decreased by MYR-1.12M (-18.1%) from MYR6.18M to MYR5.07M.

Destinations In June 2024, Nitric acid, sulphonitric acids were exported mostly to Indonesia (MYR631k), Australia (MYR176k), Sri Lanka (MYR132k), Singapore (MYR122k), and Algeria (MYR98k), and were imported mostly from South Korea (MYR4.23M), Singapore (MYR356k), Chinese Taipei (MYR208k), Japan (MYR172k), and United States (MYR101k).

Growth In June 2024, the decrease in Nitric acid, sulphonitric acids's year-by-year exports was explained primarily by a decrease in exports to Sri Lanka (MYR-395k or -87.1%) and Australia (MYR-55k or -17%). In June 2024, the decrease in Nitric acid, sulphonitric acids's year-by-year imports was explained primarily by a decrease in imports from South Korea (MYR-2.43M or -16.9%), Chinese Taipei (MYR-1.27M or -94.9%), and Germany (MYR-62.6k or -39.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)MYR-1.04M(-41.2%)

IMPORT GROWTH (June 2023 - June 2024)MYR-1.12M(-18.1%)

MAIN DESTINATION (June 2024)IndonesiaMYR631k

This section shows Nitric acid, sulphonitric acids'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 Nitric acid, sulphonitric acids over time.

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