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2023
Exports $3.72MWorld Rnk 49 / 201
Flag Rnk 781 / 1208
2023
Destination $711k Singapore
2022 - 2023
FASTEST GROWING MARKET $711kNetherlands
2023
PRODUCT COMPLEXITY IN Party Decorations-1.05Rnk 843 / 1025
2023
Imports $31.8MWorld Rnk 34 / 222
Flag Rnk 571 / 1211
2023
Origin $214k China
2022 - 2023
FASTEST GROWING ORIGIN $214kSingapore
2023
ECONOMIC COMPLEXITY of Malaysia1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $3.72M in Party Decorations, making it the 49th largest exporter of Party Decorations in the world. At the same year, Party Decorations was the 781st most exported product in Malaysia. The main destination of Party Decorations exports from Malaysia are: Singapore ($908k), Netherlands ($718k), Argentina ($360k), Hong Kong ($339k), and United Arab Emirates ($232k).

The fastest growing export markets for Party Decorations of Malaysia between 2022 and 2023 were Netherlands ($711k), Singapore ($453k), and Hong Kong ($207k).

Imports In 2023, Malaysia imported $31.8M in Party Decorations, becoming the 34th largest importer of Party Decorations in the world. At the same year, Party Decorations was the 571st most imported product in Malaysia. Malaysia imports Party Decorations primarily from: China ($29.3M), India ($671k), Australia ($347k), Singapore ($276k), and Vietnam ($249k).

The fastest growing import markets in Party Decorations for Malaysia between 2022 and 2023 were Singapore ($214k), Thailand ($183k), and Australia ($90.3k).

Latest Trends

November 2024

About

Overview In November 2024 Malaysia's Party Decorations exports accounted up to MYR4.22M and imports accounted up to MYR15.1M, resulting in a negative trade balance of MYR10.9M. Between November 2023 and November 2024 the exports of Malaysia's   Party Decorations have increased by MYR2.14M (103%) from MYR2.08M to MYR4.22M, while imports increased by MYR3.57M (31%) from MYR11.5M to MYR15.1M.

Destinations In November 2024, Party Decorations were exported mostly to United Kingdom (MYR1.99M), India (MYR889k), Singapore (MYR599k), Australia (MYR242k), and Vietnam (MYR222k), and were imported mostly from China (MYR14.5M), India (MYR151k), Japan (MYR63.5k), Singapore (MYR59.9k), and France (MYR46.6k).

Growth In November 2024, the increase in Party Decorations's year-by-year exports was explained primarily by an increase in exports to Australia (MYR147k or 1.01k%) and Hong Kong (MYR56.4k or 139%). In November 2024, the increase in Party Decorations's year-by-year imports was explained primarily by an increase in imports from Thailand (MYR892k or 13.8k%), Singapore (MYR295k or 1.89k%), and Hong Kong (MYR6.13k or 83.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)MYR2.14M(103%)
IMPORT GROWTH (November 2023 - November 2024)MYR3.57M(31%)
MAIN DESTINATION (November 2024)United KingdomMYR1.99M

This section shows Party Decorations'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 Party Decorations over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$3.72M
IMPORTS (2023)$31.8M
NET TRADE (2023)-$28.1M

In 2023, Malaysia exported $3.72M in Party Decorations. The main destinations of Malaysia exports on Party Decorations were Singapore ($908k), Netherlands ($718k), Argentina ($360k), Hong Kong ($339k), and United Arab Emirates ($232k).

In 2023, Malaysia imported $31.8M in Party Decorations, mainly from China ($29.3M), India ($671k), Australia ($347k), Singapore ($276k), and Vietnam ($249k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Party Decorations EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
Netherlands$711k (9.75k%)
Singapore$453k (99.6%)
Hong Kong$207k (157%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Party Decorations BY Malaysia WERE (2022 - 2023):
United Arab Emirates-$714k (-75.5%)
United Kingdom-$135k (-94.2%)
Pakistan-$92.3k (-99.9%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Party Decorations were:
China $8.24B
Netherlands $198M
Saudi Arabia $172M
In 2023, Malaysia's main importing competitors in Party Decorations were:
United States $5.35B
United Kingdom $405M
Canada $392M

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Trade Value of Party Decorations by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $315k
TOP IMPORT POTENTIALChina+ $10M

Party Decorations’s highest export potential is United States. With an export gap of $315k.   Party Decorations’s highest import potential is China with an import gap of $10M.

See methodology.

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