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2023
Exports $5.25BWorld Rnk 19 / 215
Flag Rnk 10 / 96
2023
Destination $158M China
2022 - 2023
FASTEST GROWING MARKET $158MChina
2023
PRODUCT COMPLEXITY IN Organic chemicals1.84Rnk 10 / 1025
2023
Imports $4.35BWorld Rnk 27 / 225
Flag Rnk 13 / 96
2023
Origin $75.7M China
2022 - 2023
FASTEST GROWING ORIGIN $75.7MKuwait
2023
ECONOMIC COMPLEXITY of Malaysia1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $5.25B in Organic chemicals, making it the 19th largest exporter of Organic chemicals in the world. At the same year, Organic chemicals was the 10th most exported product in Malaysia. The main destination of Organic chemicals exports from Malaysia are: China ($1.3B), Indonesia ($591M), India ($526M), Thailand ($375M), and Singapore ($371M).

The fastest growing export markets for Organic chemicals of Malaysia between 2022 and 2023 were China ($158M), Turkey ($72.1M), and Oman ($14.8M).

Imports In 2023, Malaysia imported $4.35B in Organic chemicals, becoming the 27th largest importer of Organic chemicals in the world. At the same year, Organic chemicals was the 13th most imported product in Malaysia. Malaysia imports Organic chemicals primarily from: China ($1.2B), Singapore ($655M), India ($357M), Thailand ($335M), and Chinese Taipei ($254M).

The fastest growing import markets in Organic chemicals for Malaysia between 2022 and 2023 were Kuwait ($75.7M), Brunei ($61.5M), and Thailand ($47.2M).

COMPANIES In 2023, leading companies such as Coaster Fine Furniture (27), Givaudan Fragrances (27), and Motorola (20) were at the forefront of shipping Organic chemicals from Malaysia to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Malaysia's Organic chemicals exports accounted up to MYR2.2B and imports accounted up to MYR1.54B, resulting in a positive trade balance of MYR666M. Between November 2023 and November 2024 the exports of Malaysia's   Organic chemicals have increased by MYR418M (23.4%) from MYR1.78B to MYR2.2B, while imports decreased by MYR-300M (-16.4%) from MYR1.84B to MYR1.54B.

Destinations In November 2024, Organic chemicals were exported mostly to China (MYR597M), Japan (MYR351M), India (MYR199M), Indonesia (MYR196M), and United States (MYR110M), and were imported mostly from China (MYR391M), Singapore (MYR228M), Saudi Arabia (MYR148M), India (MYR126M), and Indonesia (MYR125M).

Growth In November 2024, the increase in Organic chemicals's year-by-year exports was explained primarily by an increase in exports to China (MYR115M or 31%), Thailand (MYR74.2M or 81.1%), and Philippines (MYR10.8M or 47%). In November 2024, the decrease in Organic chemicals's year-by-year imports was explained primarily by a decrease in imports from Japan (MYR-90.5M or -66%), Singapore (MYR-68.4M or -29.7%), and Chinese Taipei (MYR-51.6M or -63.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)MYR418M(23.4%)
IMPORT GROWTH (November 2023 - November 2024)MYR-300M(-16.4%)
MAIN DESTINATION (November 2024)ChinaMYR597M

This section shows Organic chemicals'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 Organic chemicals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$5.25B
IMPORTS (2023)$4.35B
NET TRADE (2023)$901M

In 2023, Malaysia exported $5.25B in Organic chemicals. The main destinations of Malaysia exports on Organic chemicals were China ($1.3B), Indonesia ($591M), India ($526M), Thailand ($375M), and Singapore ($371M).

In 2023, Malaysia imported $4.35B in Organic chemicals, mainly from China ($1.2B), Singapore ($655M), India ($357M), Thailand ($335M), and Chinese Taipei ($254M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Organic chemicals EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
China$158M (13.9%)
Turkey$72.1M (164%)
Oman$14.8M (18.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Organic chemicals BY Malaysia WERE (2022 - 2023):
India-$227M (-30.1%)
Indonesia-$146M (-19.8%)
Japan-$115M (-34.5%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Organic chemicals were:
China $95.6B
United States $49.5B
Ireland $40.2B
In 2023, Malaysia's main importing competitors in Organic chemicals were:
United States $61.7B
China $45.8B
Germany $42.6B

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Trade Value of Organic chemicals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $387M
TOP IMPORT POTENTIALChina+ $221M

Organic chemicals’s highest export potential is China. With an export gap of $387M.   Organic chemicals’s highest import potential is China with an import gap of $221M.

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