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2022
Exports $4.79MWorld Rnk 47 / 174
Flag Rnk 750 / 1198
2022
Destination $532k United Kingdom
2021 - 2022
FASTEST GROWING MARKET $532kUnited Kingdom
2022
PRODUCT COMPLEXITY IN Other Leather Articles-0.11Rnk 585 / 1025
2022
Imports $20.7MWorld Rnk 31 / 210
Flag Rnk 702 / 1203
2022
Origin $6.07M China
2021 - 2022
FASTEST GROWING ORIGIN $6.07MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $4.79M in Other Leather Articles, making it the 47th largest exporter of Other Leather Articles in the world. At the same year, Other Leather Articles was the 750th most exported product in Malaysia. The main destination of Other Leather Articles exports from Malaysia are: United Kingdom ($1.13M), Netherlands ($964k), Australia ($611k), Singapore ($530k), and United States ($261k).

The fastest growing export markets for Other Leather Articles of Malaysia between 2021 and 2022 were United Kingdom ($532k), Netherlands ($310k), and Australia ($239k).

Imports In 2022, Malaysia imported $20.7M in Other Leather Articles, becoming the 31st largest importer of Other Leather Articles in the world. At the same year, Other Leather Articles was the 702nd most imported product in Malaysia. Malaysia imports Other Leather Articles primarily from: China ($10.8M), Thailand ($4.56M), Singapore ($3.1M), India ($753k), and France ($344k).

The fastest growing import markets in Other Leather Articles for Malaysia between 2021 and 2022 were China ($6.07M), Thailand ($806k), and India ($386k).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Other Leather Articles exports accounted up to MYR1.19M and imports accounted up to MYR2.99M, resulting in a negative trade balance of MYR1.81M. Between June 2023 and June 2024 the exports of Malaysia's   Other Leather Articles have decreased by MYR-439k (-27%) from MYR1.62M to MYR1.19M, while imports decreased by MYR-1.43M (-32.3%) from MYR4.42M to MYR2.99M.

Destinations In June 2024, Other Leather Articles were exported mostly to United Kingdom (MYR316k), Australia (MYR284k), Netherlands (MYR197k), Ireland (MYR109k), and Thailand (MYR48k), and were imported mostly from Japan (MYR1.08M), Thailand (MYR734k), Singapore (MYR491k), China (MYR284k), and France (MYR120k).

Growth In June 2024, the decrease in Other Leather Articles's year-by-year exports was explained primarily by a decrease in exports to Netherlands (MYR-113k or -42.1%), Australia (MYR-88.8k or -30.8%), and Denmark (MYR-62.7k or -76.7%). In June 2024, the decrease in Other Leather Articles's year-by-year imports was explained primarily by a decrease in imports from Chinese Taipei (MYR-25.7k or -98.6%), Japan (MYR-25.5k or -5.01%), and Hong Kong (MYR-25.3k or -60.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR-439k(-27%)
IMPORT GROWTH (June 2023 - June 2024)MYR-1.43M(-32.3%)
MAIN DESTINATION (June 2024)United KingdomMYR316k

This section shows Other Leather Articles'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 Leather Articles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.79M
IMPORTS (2022)$20.7M
NET TRADE (2022)-$15.9M

In 2022, Malaysia exported $4.79M in Other Leather Articles. The main destinations of Malaysia exports on Other Leather Articles were United Kingdom ($1.13M), Netherlands ($964k), Australia ($611k), Singapore ($530k), and United States ($261k).

In 2022, Malaysia imported $20.7M in Other Leather Articles, mainly from China ($10.8M), Thailand ($4.56M), Singapore ($3.1M), India ($753k), and France ($344k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Leather Articles EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
United Kingdom$532k (89.6%)
Netherlands$310k (47.5%)
Australia$239k (64.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Leather Articles BY Malaysia WERE (2021 - 2022):
Singapore-$515k (-49.3%)
Philippines-$105k (-78.7%)
United Arab Emirates-$37.7k (-92.3%)
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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 Leather Articles were:
China $570M
Hungary $191M
Italy $173M
In 2022, Malaysia's main importing competitors in Other Leather Articles were:
United States $425M
Romania $234M
Italy $133M

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Trade Value of Other Leather Articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $318k
TOP IMPORT POTENTIALChina+ $1.3M

Other Leather Articles’s highest export potential is United States. With an export gap of $318k.   Other Leather Articles’s highest import potential is China with an import gap of $1.3M.

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