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2022
Exports $2.28MWorld Rnk 30 / 140
Flag Rnk 859 / 1198
2022
Destination $195k Vietnam
2021 - 2022
FASTEST GROWING MARKET $195kVietnam
2022
PRODUCT COMPLEXITY IN Ornamental Trimmings-0.27Rnk 635 / 1025
2022
Imports $7.01MWorld Rnk 22 / 201
Flag Rnk 891 / 1203
2022
Origin $404k China
2021 - 2022
FASTEST GROWING ORIGIN $404kChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $2.28M in Ornamental Trimmings, making it the 30th largest exporter of Ornamental Trimmings in the world. At the same year, Ornamental Trimmings was the 859th most exported product in Malaysia. The main destination of Ornamental Trimmings exports from Malaysia are: Vietnam ($917k), Germany ($521k), Finland ($156k), Singapore ($127k), and New Zealand ($103k).

The fastest growing export markets for Ornamental Trimmings of Malaysia between 2021 and 2022 were Vietnam ($195k), Singapore ($67.4k), and Burma ($50.3k).

Imports In 2022, Malaysia imported $7.01M in Ornamental Trimmings, becoming the 22nd largest importer of Ornamental Trimmings in the world. At the same year, Ornamental Trimmings was the 891st most imported product in Malaysia. Malaysia imports Ornamental Trimmings primarily from: China ($6.41M), Chinese Taipei ($219k), United States ($143k), India ($46.3k), and South Korea ($31.3k).

The fastest growing import markets in Ornamental Trimmings for Malaysia between 2021 and 2022 were China ($404k), United States ($101k), and India ($22.8k).

Latest Trends

October 2024

About

Overview In October 2024 Malaysia's Ornamental Trimmings exports accounted up to MYR536k and imports accounted up to MYR213k, resulting in a positive trade balance of MYR323k. Between October 2023 and October 2024 the exports of Malaysia's   Ornamental Trimmings have increased by MYR183k (51.8%) from MYR353k to MYR536k, while imports decreased by MYR-58.8k (-21.6%) from MYR272k to MYR213k.

Destinations In October 2024, Ornamental Trimmings were exported mostly to Vietnam (MYR442k), Germany (MYR63.9k), Singapore (MYR13.2k), Jordan (MYR10.1k), and Philippines (MYR3k), and were imported mostly from China (MYR119k), United Kingdom (MYR27k), Slovakia (MYR26.8k), United States (MYR14.9k), and Sri Lanka (MYR9.03k).

Growth In October 2024, the increase in Ornamental Trimmings's year-by-year exports was explained primarily by an increase in exports to Germany (MYR2.92k or 6.2%). In October 2024, the decrease in Ornamental Trimmings's year-by-year imports was explained primarily by a decrease in imports from China (MYR-55.3k or -24.6%) and United States (MYR-4.59k or -34.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)MYR183k(51.8%)
IMPORT GROWTH (October 2023 - October 2024)MYR-58.8k(-21.6%)
MAIN DESTINATION (October 2024)VietnamMYR442k

This section shows Ornamental Trimmings'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 Ornamental Trimmings over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.28M
IMPORTS (2022)$7.01M
NET TRADE (2022)-$4.73M

In 2022, Malaysia exported $2.28M in Ornamental Trimmings. The main destinations of Malaysia exports on Ornamental Trimmings were Vietnam ($917k), Germany ($521k), Finland ($156k), Singapore ($127k), and New Zealand ($103k).

In 2022, Malaysia imported $7.01M in Ornamental Trimmings, mainly from China ($6.41M), Chinese Taipei ($219k), United States ($143k), India ($46.3k), and South Korea ($31.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ornamental Trimmings EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Vietnam$195k (26.9%)
Singapore$67.4k (112%)
Burma$50.3k (157%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ornamental Trimmings BY Malaysia WERE (2021 - 2022):
Germany-$653k (-55.6%)
United States-$116k (-100%)
Finland-$30.8k (-16.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Malaysia's main exporting competitors in Ornamental Trimmings were:
China $181M
Germany $45.2M
Chinese Taipei $36.9M
In 2022, Malaysia's main importing competitors in Ornamental Trimmings were:
United States $57.8M
Vietnam $53.5M
Germany $21.1M

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Trade Value of Ornamental Trimmings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSingapore+ $73.4k
TOP IMPORT POTENTIALIndia+ $73.5k

Ornamental Trimmings’s highest export potential is Singapore. With an export gap of $73.4k.   Ornamental Trimmings’s highest import potential is India with an import gap of $73.5k.

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