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2022
Exports $5.84BWorld Rnk 19 / 214
Flag Rnk 10 / 96
2022
Destination $71M China
2021 - 2022
FASTEST GROWING MARKET $71MUnited States
2022
PRODUCT COMPLEXITY IN Organic chemicals1.95Rnk 8 / 1025
2022
Imports $4.85BWorld Rnk 28 / 225
Flag Rnk 12 / 96
2022
Origin $409M China
2021 - 2022
FASTEST GROWING ORIGIN $409MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $5.84B 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 ($1.15B), India ($703M), Indonesia ($666M), Singapore ($402M), and Thailand ($390M).

The fastest growing export markets for Organic chemicals of Malaysia between 2021 and 2022 were United States ($71M), Japan ($68.4M), and Netherlands ($62.4M).

Imports In 2022, Malaysia imported $4.85B in Organic chemicals, becoming the 28th largest importer of Organic chemicals in the world. At the same year, Organic chemicals was the 12th most imported product in Malaysia. Malaysia imports Organic chemicals primarily from: China ($1.3B), Singapore ($741M), India ($588M), Thailand ($263M), and Chinese Taipei ($262M).

The fastest growing import markets in Organic chemicals for Malaysia between 2021 and 2022 were China ($409M), India ($104M), and Oman ($100M).

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

June 2024

About

Overview In June 2024 Malaysia's Organic chemicals exports accounted up to MYR1.89B and imports accounted up to MYR1.79B, resulting in a positive trade balance of MYR102M. Between June 2023 and June 2024 the exports of Malaysia's   Organic chemicals have increased by MYR170M (9.84%) from MYR1.72B to MYR1.89B, while imports increased by MYR285M (18.9%) from MYR1.51B to MYR1.79B.

Destinations In June 2024, Organic chemicals were exported mostly to China (MYR447M), Indonesia (MYR293M), India (MYR223M), Thailand (MYR126M), and Chinese Taipei (MYR92.6M), and were imported mostly from China (MYR570M), Singapore (MYR339M), Saudi Arabia (MYR128M), Thailand (MYR115M), and Indonesia (MYR103M).

Growth In June 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 June 2024, the increase in Organic chemicals's year-by-year imports was explained primarily by an increase in imports from India (MYR61.3M or 40.5%), Oman (MYR42.8M or 174%), and Belgium (MYR26.4M or 60.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR170M(9.84%)
IMPORT GROWTH (June 2023 - June 2024)MYR285M(18.9%)
MAIN DESTINATION (June 2024)ChinaMYR447M

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 (2022)$5.84B
IMPORTS (2022)$4.85B
NET TRADE (2022)$988M

In 2022, Malaysia exported $5.84B in Organic chemicals. The main destinations of Malaysia exports on Organic chemicals were China ($1.15B), India ($703M), Indonesia ($666M), Singapore ($402M), and Thailand ($390M).

In 2022, Malaysia imported $4.85B in Organic chemicals, mainly from China ($1.3B), Singapore ($741M), India ($588M), Thailand ($263M), and Chinese Taipei ($262M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Organic chemicals EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
United States$71M (28.3%)
Japan$68.4M (22.8%)
Netherlands$62.4M (53.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Organic chemicals BY Malaysia WERE (2021 - 2022):
India-$90.7M (-11.4%)
Indonesia-$52M (-7.25%)
Pakistan-$37.3M (-35.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Organic chemicals were:
China $110B
United States $51.7B
Ireland $45.7B
In 2022, Malaysia's main importing competitors in Organic chemicals were:
United States $68.6B
China $51.6B
Germany $47.2B

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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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