2023
Exports
$647MWorld Rnk 30 / 225
Flag Rnk 81 / 1208
2023
PRODUCT COMPLEXITY IN Other Plastic Products
0.82Rnk 245 / 1025
2023
Imports
$1.34BWorld Rnk 27 / 226
Flag Rnk 27 / 1211
2023
ECONOMIC COMPLEXITY of Malaysia
1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $647M in Other Plastic Products, making it the 30th largest exporter of Other Plastic Products in the world. At the same year, Other Plastic Products was the 81st most exported product in Malaysia. The main destination of Other Plastic Products exports from Malaysia are: Singapore ($201M), United States ($51.4M), China ($44.5M), Japan ($42.4M), and Thailand ($33.6M).

The fastest growing export markets for Other Plastic Products of Malaysia between 2022 and 2023 were United Arab Emirates ($3.6M), Turkey ($1.17M), and Indonesia ($959k).

Imports In 2023, Malaysia imported $1.34B in Other Plastic Products, becoming the 27th largest importer of Other Plastic Products in the world. At the same year, Other Plastic Products was the 27th most imported product in Malaysia. Malaysia imports Other Plastic Products primarily from: China ($573M), Singapore ($255M), United States ($147M), Japan ($73.2M), and Germany ($71M).

The fastest growing import markets in Other Plastic Products for Malaysia between 2022 and 2023 were Singapore ($49M), Japan ($37.4M), and Germany ($21.9M).

COMPANIES In 2023, leading companies such as Motorola (32), Panasonic (19), and Haas Automation (6) were at the forefront of shipping Other Plastic Products from Malaysia to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)MYR2.2M(0.74%)
IMPORT GROWTH (November 2023 - November 2024)MYR-15.8M(-4.05%)
MAIN DESTINATION (November 2024)SingaporeMYR75.9M

This section shows Other Plastic Products'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 Plastic Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$647M
IMPORTS (2023)$1.34B
NET TRADE (2023)-$695M

In 2023, Malaysia exported $647M in Other Plastic Products. The main destinations of Malaysia exports on Other Plastic Products were Singapore ($201M), United States ($51.4M), China ($44.5M), Japan ($42.4M), and Thailand ($33.6M).

In 2023, Malaysia imported $1.34B in Other Plastic Products, mainly from China ($573M), Singapore ($255M), United States ($147M), Japan ($73.2M), and Germany ($71M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Plastic Products EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
Turkey$1.17M (50.6%)
Indonesia$959k (5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Plastic Products BY Malaysia WERE (2022 - 2023):
United States-$24M (-31.8%)
Singapore-$15.7M (-7.26%)
Philippines-$14.9M (-42.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Other Plastic Products were:
In 2023, Malaysia's main importing competitors in Other Plastic Products were:

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Trade Value of Other Plastic Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $59.2M
TOP IMPORT POTENTIALChina+ $92.3M

Other Plastic Products’s highest export potential is United States. With an export gap of $59.2M.   Other Plastic Products’s highest import potential is China with an import gap of $92.3M.

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