2022
Exports
$64.5MWorld Rnk 27 / 209
Flag Rnk 337 / 1198
2022
PRODUCT COMPLEXITY IN Padlocks
0.82Rnk 236 / 1025
2022
Imports
$141MWorld Rnk 26 / 223
Flag Rnk 291 / 1203
2022
ECONOMIC COMPLEXITY of Malaysia
1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $64.5M in Padlocks, making it the 27th largest exporter of Padlocks in the world. At the same year, Padlocks was the 337th most exported product in Malaysia. The main destination of Padlocks exports from Malaysia are: Finland ($25.6M), United Kingdom ($8.09M), Singapore ($6.13M), France ($3.92M), and United States ($2.47M).

The fastest growing export markets for Padlocks of Malaysia between 2021 and 2022 were Finland ($6.51M), France ($1.37M), and United States ($670k).

Imports In 2022, Malaysia imported $141M in Padlocks, becoming the 26th largest importer of Padlocks in the world. At the same year, Padlocks was the 291st most imported product in Malaysia. Malaysia imports Padlocks primarily from: China ($101M), Thailand ($14.6M), Japan ($4.76M), Germany ($2.8M), and Indonesia ($2.36M).

The fastest growing import markets in Padlocks for Malaysia between 2021 and 2022 were China ($34.2M), Thailand ($3.51M), and Japan ($1.52M).

COMPANIES In 2023, leading companies such as Coaster Fine Furniture (18) and At Home Procurement (6) were at the forefront of shipping Padlocks from Malaysia to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR-748k(-5.11%)
IMPORT GROWTH (June 2023 - June 2024)MYR3.83M(14.3%)
MAIN DESTINATION (June 2024)United KingdomMYR4.93M

This section shows Padlocks'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 Padlocks over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$64.5M
IMPORTS (2022)$141M
NET TRADE (2022)-$76.6M

In 2022, Malaysia exported $64.5M in Padlocks. The main destinations of Malaysia exports on Padlocks were Finland ($25.6M), United Kingdom ($8.09M), Singapore ($6.13M), France ($3.92M), and United States ($2.47M).

In 2022, Malaysia imported $141M in Padlocks, mainly from China ($101M), Thailand ($14.6M), Japan ($4.76M), Germany ($2.8M), and Indonesia ($2.36M).

Explore Visualizations

Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Padlocks EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Finland$6.51M (34%)
France$1.37M (53.6%)
United States$670k (37.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Padlocks BY Malaysia WERE (2021 - 2022):
Singapore-$5.39M (-46.8%)
New Zealand-$245k (-57.9%)
Poland-$192k (-42.8%)

Change in Exports by Market (undefined - undefined)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Padlocks were:
China $5.34B
Germany $1.37B
Mexico $1.27B
In 2022, Malaysia's main importing competitors in Padlocks were:

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Trade Value of Padlocks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.51M
N/AN/AN/A

Padlocks’s highest export potential is United States. With an export gap of $2.51M.   Padlocks’s highest import potential is N/A with an import gap of N/A.

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