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2023
Exports $39.1MWorld Rnk 23 / 178
Flag Rnk 393 / 1208
2023
Destination $2.35M United Arab Emirates
2022 - 2023
FASTEST GROWING MARKET $2.35MVietnam
2023
PRODUCT COMPLEXITY IN Other Mineral-1.39Rnk 923 / 1025
2023
Imports $39MWorld Rnk 15 / 202
Flag Rnk 535 / 1211
2023
Origin $731k China
2022 - 2023
FASTEST GROWING ORIGIN $731kVietnam
2023
ECONOMIC COMPLEXITY of Malaysia1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $39.1M in Other Mineral, making it the 23rd largest exporter of Other Mineral in the world. At the same year, Other Mineral was the 393rd most exported product in Malaysia. The main destination of Other Mineral exports from Malaysia are: United Arab Emirates ($10.4M), Indonesia ($5.25M), China ($5.21M), Turkey ($4.22M), and Vietnam ($3.87M).

The fastest growing export markets for Other Mineral of Malaysia between 2022 and 2023 were Vietnam ($2.35M), Nigeria ($653k), and Ghana ($320k).

Imports In 2023, Malaysia imported $39M in Other Mineral, becoming the 15th largest importer of Other Mineral in the world. At the same year, Other Mineral was the 535th most imported product in Malaysia. Malaysia imports Other Mineral primarily from: China ($23.3M), Germany ($10.5M), Indonesia ($1.6M), Vietnam ($731k), and Chinese Taipei ($696k).

The fastest growing import markets in Other Mineral for Malaysia between 2022 and 2023 were Vietnam ($731k), Italy ($177k), and Chinese Taipei ($149k).

Latest Trends

November 2024

About

Overview In November 2024 Malaysia's Other Mineral exports accounted up to MYR8.41M and imports accounted up to MYR28.1M, resulting in a negative trade balance of MYR19.6M. Between November 2023 and November 2024 the exports of Malaysia's   Other Mineral have decreased by MYR-11.1M (-56.8%) from MYR19.5M to MYR8.41M, while imports increased by MYR12.6M (81.1%) from MYR15.5M to MYR28.1M.

Destinations In November 2024, Other Mineral were exported mostly to Pakistan (MYR1.95M), Mexico (MYR1.4M), Vietnam (MYR1.24M), Indonesia (MYR902k), and India (MYR793k), and were imported mostly from China (MYR19.6M), Germany (MYR5.47M), Singapore (MYR1.44M), Indonesia (MYR876k), and New Zealand (MYR81.7k).

Growth In November 2024, the decrease in Other Mineral's year-by-year exports was explained primarily by a decrease in exports to Vietnam (MYR-1.73M or -87.1%) and Mexico (MYR-44.6k or -7.95%). In November 2024, the increase in Other Mineral's year-by-year imports was explained primarily by an increase in imports from Indonesia (MYR758k or 66.3%), Chinese Taipei (MYR253k or 2.61k%), and Italy (MYR130k or 114%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)MYR-11.1M(-56.8%)
IMPORT GROWTH (November 2023 - November 2024)MYR12.6M(81.1%)
MAIN DESTINATION (November 2024)PakistanMYR1.95M

This section shows Other Mineral'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 Mineral over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$39.1M
IMPORTS (2023)$39M
NET TRADE (2023)$107k

In 2023, Malaysia exported $39.1M in Other Mineral. The main destinations of Malaysia exports on Other Mineral were United Arab Emirates ($10.4M), Indonesia ($5.25M), China ($5.21M), Turkey ($4.22M), and Vietnam ($3.87M).

In 2023, Malaysia imported $39M in Other Mineral, mainly from China ($23.3M), Germany ($10.5M), Indonesia ($1.6M), Vietnam ($731k), and Chinese Taipei ($696k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Mineral EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
Vietnam$2.35M (155%)
Nigeria$653k (1%)
Ghana$320k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Mineral BY Malaysia WERE (2022 - 2023):
Turkey-$3.6M (-46.1%)
China-$3.1M (-37.3%)
Brazil-$1.96M (-84.3%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Other Mineral were:
Australia $12.1B
Zimbabwe $808M
Brazil $576M
In 2023, Malaysia's main importing competitors in Other Mineral were:
China $13.9B
Mozambique $201M
Japan $187M

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Trade Value of Other Mineral by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $5.1M
TOP IMPORT POTENTIALIndonesia+ $960k

Other Mineral’s highest export potential is China. With an export gap of $5.1M.   Other Mineral’s highest import potential is Indonesia with an import gap of $960k.

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