2022
Exports
$2.86BWorld Rnk 7 / 223
Flag Rnk 18 / 1198
2022
PRODUCT COMPLEXITY IN Other Furniture
0.34Rnk 424 / 1025
2022
Imports
$1.49BWorld Rnk 17 / 225
Flag Rnk 27 / 1203
2022
ECONOMIC COMPLEXITY of Malaysia
1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $2.86B in Other Furniture, making it the 7th largest exporter of Other Furniture in the world. At the same year, Other Furniture was the 18th most exported product in Malaysia. The main destination of Other Furniture exports from Malaysia are: United States ($1.65B), Singapore ($181M), Japan ($178M), United Kingdom ($104M), and Australia ($103M).

The fastest growing export markets for Other Furniture of Malaysia between 2021 and 2022 were Singapore ($38.4M), India ($28.6M), and Australia ($25.4M).

Imports In 2022, Malaysia imported $1.49B in Other Furniture, becoming the 17th largest importer of Other Furniture in the world. At the same year, Other Furniture was the 27th most imported product in Malaysia. Malaysia imports Other Furniture primarily from: China ($1.37B), Poland ($15.1M), Indonesia ($13.7M), Italy ($11.7M), and Vietnam ($11.4M).

The fastest growing import markets in Other Furniture for Malaysia between 2021 and 2022 were China ($131M), Poland ($3.62M), and Germany ($3.37M).

COMPANIES In 2023, leading companies such as Coaster Fine Furniture (728), Goplus (319), and The Brick (237) were at the forefront of shipping Other Furniture from Malaysia to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)MYR43.5M(4.6%)
IMPORT GROWTH (August 2023 - August 2024)MYR84.2M(39.1%)
MAIN DESTINATION (August 2024)United StatesMYR513M

This section shows Other Furniture'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 Furniture over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.86B
IMPORTS (2022)$1.49B
NET TRADE (2022)$1.37B

In 2022, Malaysia exported $2.86B in Other Furniture. The main destinations of Malaysia exports on Other Furniture were United States ($1.65B), Singapore ($181M), Japan ($178M), United Kingdom ($104M), and Australia ($103M).

In 2022, Malaysia imported $1.49B in Other Furniture, mainly from China ($1.37B), Poland ($15.1M), Indonesia ($13.7M), Italy ($11.7M), and Vietnam ($11.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Furniture EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Singapore$38.4M (27.1%)
India$28.6M (71.3%)
Australia$25.4M (32.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Furniture BY Malaysia WERE (2021 - 2022):
United States-$9.97M (-0.6%)
United Kingdom-$5.36M (-4.91%)
Belgium-$4.51M (-37.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Other Furniture were:
China $36.6B
Vietnam $9.13B
Germany $8.79B
In 2022, Malaysia's main importing competitors in Other Furniture were:

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Trade Value of Other Furniture by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSingapore+ $41.3M
TOP IMPORT POTENTIALVietnam+ $24.5M

Other Furniture’s highest export potential is Singapore. With an export gap of $41.3M.   Other Furniture’s highest import potential is Vietnam with an import gap of $24.5M.

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