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2022
Destination $3.68MN/A
2021 - 2022
FASTEST GROWING MARKET $3.68MUnited States
2022
PRODUCT COMPLEXITY IN Other Inorganic Acids0.33Rnk 431 / 1025
2022
ImportsfalseWorld Rnk 23 / 214
Flag Rnk 411 / 1203
2022
Origin $2.47M China
2021 - 2022
FASTEST GROWING ORIGIN $2.47MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

The fastest growing export markets for Other Inorganic Acids of Malaysia between 2021 and 2022 were United States ($3.68M), Japan ($1.51M), and Singapore ($908k).

Imports In 2022, Malaysia imported $82.2M in Other Inorganic Acids, becoming the 23rd largest importer of Other Inorganic Acids in the world. At the same year, Other Inorganic Acids was the 411th most imported product in Malaysia. Malaysia imports Other Inorganic Acids primarily from: China ($34.4M), Japan ($9.82M), Singapore ($8.6M), Thailand ($7.49M), and Chinese Taipei ($5.46M).

The fastest growing import markets in Other Inorganic Acids for Malaysia between 2021 and 2022 were China ($2.47M), Thailand ($2M), and Sri Lanka ($1.19M).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Other Inorganic Acids exports accounted up to MYR24.7M and imports accounted up to MYR23.2M, resulting in a positive trade balance of MYR1.57M. Between June 2023 and June 2024 the exports of Malaysia's   Other Inorganic Acids have decreased by MYR-1.51M (-5.76%) from MYR26.2M to MYR24.7M, while imports decreased by MYR-7.88M (-25.4%) from MYR31M to MYR23.2M.

Destinations In June 2024, Other Inorganic Acids were exported mostly to Singapore (MYR6.94M), China (MYR4.17M), United States (MYR4M), Thailand (MYR1.59M), and Australia (MYR1.22M), and were imported mostly from China (MYR7.98M), Singapore (MYR3.34M), Japan (MYR2.15M), Chinese Taipei (MYR2M), and Thailand (MYR2M).

Growth In June 2024, the decrease in Other Inorganic Acids's year-by-year exports was explained primarily by a decrease in exports to China (MYR-2.1M or -43.2%), Thailand (MYR-1.06M or -62.8%), and Japan (MYR-608k or -86.4%). In June 2024, the decrease in Other Inorganic Acids's year-by-year imports was explained primarily by a decrease in imports from China (MYR-7.59M or -44.4%), Japan (MYR-4.56M or -63.5%), and South Korea (MYR-1.72M or -86.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR-1.51M(-5.76%)
IMPORT GROWTH (June 2023 - June 2024)MYR-7.88M(-25.4%)
MAIN DESTINATION (June 2024)SingaporeMYR6.94M

This section shows Other Inorganic Acids'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 Inorganic Acids over time.

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Historical Data

Trade Balance

Color
IMPORTS (2022)$82.2M

In 2022, Malaysia imported $82.2M in Other Inorganic Acids, mainly from China ($34.4M), Japan ($9.82M), Singapore ($8.6M), Thailand ($7.49M), and Chinese Taipei ($5.46M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Inorganic Acids EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
United States$3.68M (330%)
Japan$1.51M (159%)
Singapore$908k (5.19%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Inorganic Acids BY Malaysia WERE (2021 - 2022):
Germany-$8.64M (-97.6%)
Canada-$3.64M (-100%)
Vietnam-$1.14M (-43.6%)
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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 Other Inorganic Acids were:
China $1.9B
Germany $790M
Japan $453M
In 2022, Malaysia's main importing competitors in Other Inorganic Acids were:
United States $760M
China $565M
South Korea $445M

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Trade Value of Other Inorganic Acids by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $4.68M
TOP IMPORT POTENTIALChina+ $4.81M

Other Inorganic Acids’s highest export potential is China. With an export gap of $4.68M.   Other Inorganic Acids’s highest import potential is China with an import gap of $4.81M.

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