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2022
Exports $5.65MWorld Rnk 32 / 158
Flag Rnk 716 / 1198
2022
Destination $674k Singapore
2021 - 2022
FASTEST GROWING MARKET $674kUnited Kingdom
2022
PRODUCT COMPLEXITY IN Other Floating Structures-0.48Rnk 693 / 1025
2022
Imports $14.2MWorld Rnk 27 / 215
Flag Rnk 777 / 1203
2022
Origin $2.97M China
2021 - 2022
FASTEST GROWING ORIGIN $2.97MCanada
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $5.65M in Other Floating Structures, making it the 32nd largest exporter of Other Floating Structures in the world. At the same year, Other Floating Structures was the 716th most exported product in Malaysia. The main destination of Other Floating Structures exports from Malaysia are: Singapore ($1.23M), United Kingdom ($704k), Thailand ($557k), Japan ($550k), and Australia ($362k).

The fastest growing export markets for Other Floating Structures of Malaysia between 2021 and 2022 were United Kingdom ($674k), Japan ($454k), and United Arab Emirates ($306k).

Imports In 2022, Malaysia imported $14.2M in Other Floating Structures, becoming the 27th largest importer of Other Floating Structures in the world. At the same year, Other Floating Structures was the 777th most imported product in Malaysia. Malaysia imports Other Floating Structures primarily from: China ($3.79M), Canada ($2.99M), Italy ($1.51M), Australia ($1.46M), and Singapore ($1.38M).

The fastest growing import markets in Other Floating Structures for Malaysia between 2021 and 2022 were Canada ($2.97M), United Kingdom ($631k), and Spain ($92.7k).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Other Floating Structures exports accounted up to MYR2.22M and imports accounted up to MYR4.46M, resulting in a negative trade balance of MYR2.24M. Between June 2023 and June 2024 the exports of Malaysia's   Other Floating Structures have decreased by MYR-741k (-25%) from MYR2.96M to MYR2.22M, while imports decreased by MYR-1.8M (-28.7%) from MYR6.27M to MYR4.46M.

Destinations In June 2024, Other Floating Structures were exported mostly to United States (MYR1.01M), Singapore (MYR729k), Uruguay (MYR240k), Japan (MYR140k), and Australia (MYR91.4k), and were imported mostly from France (MYR1.6M), Australia (MYR675k), China (MYR615k), Italy (MYR602k), and Thailand (MYR542k).

Growth In June 2024, the decrease in Other Floating Structures's year-by-year exports was explained primarily by a decrease in exports to Japan (MYR-85.8k or -34.4%). In June 2024, the decrease in Other Floating Structures's year-by-year imports was explained primarily by a decrease in imports from Singapore (MYR-402k or -58.3%), Italy (MYR-334k or -97.9%), and United Kingdom (MYR-201k or -59.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR-741k(-25%)
IMPORT GROWTH (June 2023 - June 2024)MYR-1.8M(-28.7%)
MAIN DESTINATION (June 2024)United StatesMYR1.01M

This section shows Other Floating Structures'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 Other Floating Structures over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.65M
IMPORTS (2022)$14.2M
NET TRADE (2022)-$8.53M

In 2022, Malaysia exported $5.65M in Other Floating Structures. The main destinations of Malaysia exports on Other Floating Structures were Singapore ($1.23M), United Kingdom ($704k), Thailand ($557k), Japan ($550k), and Australia ($362k).

In 2022, Malaysia imported $14.2M in Other Floating Structures, mainly from China ($3.79M), Canada ($2.99M), Italy ($1.51M), Australia ($1.46M), and Singapore ($1.38M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Floating Structures EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
United Kingdom$674k (2.27k%)
Japan$454k (474%)
United Arab Emirates$306k (140k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Floating Structures BY Malaysia WERE (2021 - 2022):
India-$3.39M (-90.4%)
Singapore-$813k (-39.8%)
Australia-$351k (-49.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Other Floating Structures were:
China $242M
United Kingdom $154M
United States $153M
In 2022, Malaysia's main importing competitors in Other Floating Structures were:
United States $127M
Brazil $68.2M
South Korea $63.3M

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Trade Value of Other Floating Structures by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSingapore+ $299k
TOP IMPORT POTENTIALChina+ $590k

Other Floating Structures’s highest export potential is Singapore. With an export gap of $299k.   Other Floating Structures’s highest import potential is China with an import gap of $590k.

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