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2023
Exports $13.4MWorld Rnk 56 / 212
Flag Rnk 579 / 1208
2023
Destination $1.56M Singapore
2022 - 2023
FASTEST GROWING MARKET $1.56MSingapore
2023
PRODUCT COMPLEXITY IN Non-Knit Men's Shirts-1.21Rnk 879 / 1025
2023
Imports $73.5MWorld Rnk 33 / 221
Flag Rnk 400 / 1211
2023
Origin $3.98M China
2022 - 2023
FASTEST GROWING ORIGIN $3.98MIndia
2023
ECONOMIC COMPLEXITY of Malaysia1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $13.4M in Non-Knit Men's Shirts, making it the 56th largest exporter of Non-Knit Men's Shirts in the world. At the same year, Non-Knit Men's Shirts was the 579th most exported product in Malaysia. The main destination of Non-Knit Men's Shirts exports from Malaysia are: Singapore ($5.56M), Philippines ($1.72M), Hong Kong ($1.25M), New Zealand ($699k), and Australia ($404k).

The fastest growing export markets for Non-Knit Men's Shirts of Malaysia between 2022 and 2023 were Singapore ($1.56M), Lebanon ($401k), and New Zealand ($290k).

Imports In 2023, Malaysia imported $73.5M in Non-Knit Men's Shirts, becoming the 33rd largest importer of Non-Knit Men's Shirts in the world. At the same year, Non-Knit Men's Shirts was the 400th most imported product in Malaysia. Malaysia imports Non-Knit Men's Shirts primarily from: China ($31.8M), India ($8.71M), Bangladesh ($7.27M), Singapore ($5.18M), and Hong Kong ($4.54M).

The fastest growing import markets in Non-Knit Men's Shirts for Malaysia between 2022 and 2023 were India ($3.98M), United Arab Emirates ($409k), and Sri Lanka ($390k).

Latest Trends

November 2024

About

Overview In November 2024 Malaysia's Non-Knit Men's Shirts exports accounted up to MYR6.84M and imports accounted up to MYR27.4M, resulting in a negative trade balance of MYR20.5M. Between November 2023 and November 2024 the exports of Malaysia's   Non-Knit Men's Shirts have decreased by MYR-1.26M (-15.6%) from MYR8.1M to MYR6.84M, while imports increased by MYR5.67M (26.1%) from MYR21.7M to MYR27.4M.

Destinations In November 2024, Non-Knit Men's Shirts were exported mostly to Singapore (MYR3.4M), Hong Kong (MYR956k), Philippines (MYR887k), United Arab Emirates (MYR299k), and Vietnam (MYR251k), and were imported mostly from China (MYR8.59M), Bangladesh (MYR4.49M), Vietnam (MYR3.01M), Cambodia (MYR1.67M), and Singapore (MYR1.43M).

Growth In November 2024, the decrease in Non-Knit Men's Shirts's year-by-year exports was explained primarily by a decrease in exports to Philippines (MYR-217k or -20.1%), Indonesia (MYR-120k or -65.1%), and Chinese Taipei (MYR-117k or -58.9%). In November 2024, the increase in Non-Knit Men's Shirts's year-by-year imports was explained primarily by an increase in imports from Bangladesh (MYR4.71M or 1.48k%), India (MYR933k or 117%), and Cambodia (MYR620k or 415%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)MYR-1.26M(-15.6%)
IMPORT GROWTH (November 2023 - November 2024)MYR5.67M(26.1%)
MAIN DESTINATION (November 2024)SingaporeMYR3.4M

This section shows Non-Knit Men's 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 Non-Knit Men's Shirts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$13.4M
IMPORTS (2023)$73.5M
NET TRADE (2023)-$60.1M

In 2023, Malaysia exported $13.4M in Non-Knit Men's Shirts. The main destinations of Malaysia exports on Non-Knit Men's Shirts were Singapore ($5.56M), Philippines ($1.72M), Hong Kong ($1.25M), New Zealand ($699k), and Australia ($404k).

In 2023, Malaysia imported $73.5M in Non-Knit Men's Shirts, mainly from China ($31.8M), India ($8.71M), Bangladesh ($7.27M), Singapore ($5.18M), and Hong Kong ($4.54M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Non-Knit Men's Shirts EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
Singapore$1.56M (38.9%)
Lebanon$401k (87.7k%)
New Zealand$290k (71%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Knit Men's Shirts BY Malaysia WERE (2022 - 2023):
Philippines-$1.13M (-39.7%)
Brunei-$398k (-55.6%)
India-$309k (-63.5%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Non-Knit Men's Shirts were:
Bangladesh $2.54B
China $2.28B
India $1.12B
In 2023, Malaysia's main importing competitors in Non-Knit Men's Shirts were:
United States $3.19B
Germany $1B
Japan $663M

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Trade Value of Non-Knit Men's Shirts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $671k
TOP IMPORT POTENTIALBangladesh+ $7.95M

Non-Knit Men's Shirts’s highest export potential is United States. With an export gap of $671k.   Non-Knit Men's Shirts’s highest import potential is Bangladesh with an import gap of $7.95M.

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