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2022
Exports $105MWorld Rnk 12 / 200
Flag Rnk 273 / 1198
2022
Destination $7.11M United States
2021 - 2022
FASTEST GROWING MARKET $7.11MUnited States
2022
PRODUCT COMPLEXITY IN Pens0.7Rnk 277 / 1025
2022
Imports $84MWorld Rnk 24 / 222
Flag Rnk 404 / 1203
2022
Origin $18.9M China
2021 - 2022
FASTEST GROWING ORIGIN $18.9MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $105M in Pens, making it the 12th largest exporter of Pens in the world. At the same year, Pens was the 273rd most exported product in Malaysia. The main destination of Pens exports from Malaysia are: United States ($26.4M), Singapore ($7.35M), Australia ($6.62M), Indonesia ($5.97M), and Vietnam ($5.26M).

The fastest growing export markets for Pens of Malaysia between 2021 and 2022 were United States ($7.11M), Philippines ($2.58M), and Vietnam ($2.24M).

Imports In 2022, Malaysia imported $84M in Pens, becoming the 24th largest importer of Pens in the world. At the same year, Pens was the 404th most imported product in Malaysia. Malaysia imports Pens primarily from: China ($54.4M), Japan ($11.8M), United States ($4.42M), Singapore ($3.01M), and Vietnam ($2.47M).

The fastest growing import markets in Pens for Malaysia between 2021 and 2022 were China ($18.9M), United States ($2.84M), and Japan ($1.58M).

COMPANIES In 2023, leading companies such as Lollicup (1) were at the forefront of shipping Pens from Malaysia to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Pens exports accounted up to MYR36.6M and imports accounted up to MYR11.8M, resulting in a positive trade balance of MYR24.8M. Between June 2023 and June 2024 the exports of Malaysia's   Pens have increased by MYR7.31M (24.9%) from MYR29.3M to MYR36.6M, while imports decreased by MYR-1.67M (-12.4%) from MYR13.5M to MYR11.8M.

Destinations In June 2024, Pens were exported mostly to United States (MYR9.46M), Singapore (MYR4.36M), Australia (MYR4.34M), Indonesia (MYR1.86M), and Vietnam (MYR1.75M), and were imported mostly from China (MYR4.6M), Japan (MYR2.88M), Thailand (MYR2.05M), Germany (MYR820k), and Vietnam (MYR356k).

Growth In June 2024, the increase in Pens's year-by-year exports was explained primarily by an increase in exports to Philippines (MYR2.49M or 308%), Mexico (MYR971k or 50.1%), and Thailand (MYR812k or 131%). In June 2024, the decrease in Pens's year-by-year imports was explained primarily by a decrease in imports from Germany (MYR-1.05M or -52.5%), Japan (MYR-699k or -23.5%), and Italy (MYR-13.3k or -30.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR7.31M(24.9%)
IMPORT GROWTH (June 2023 - June 2024)MYR-1.67M(-12.4%)
MAIN DESTINATION (June 2024)United StatesMYR9.46M

This section shows Pens'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 Pens over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$105M
IMPORTS (2022)$84M
NET TRADE (2022)$21.4M

In 2022, Malaysia exported $105M in Pens. The main destinations of Malaysia exports on Pens were United States ($26.4M), Singapore ($7.35M), Australia ($6.62M), Indonesia ($5.97M), and Vietnam ($5.26M).

In 2022, Malaysia imported $84M in Pens, mainly from China ($54.4M), Japan ($11.8M), United States ($4.42M), Singapore ($3.01M), and Vietnam ($2.47M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pens EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
United States$7.11M (36.9%)
Philippines$2.58M (120%)
Vietnam$2.24M (74.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pens BY Malaysia WERE (2021 - 2022):
China-$883k (-18.8%)
Japan-$855k (-39.9%)
Russia-$679k (-73.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Pens were:
China $2.39B
Japan $1.02B
Germany $776M
In 2022, Malaysia's main importing competitors in Pens were:
United States $1.17B
Germany $439M
France $423M

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Trade Value of Pens by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.79M
TOP IMPORT POTENTIALChina+ $3.83M

Pens’s highest export potential is United States. With an export gap of $3.79M.   Pens’s highest import potential is China with an import gap of $3.83M.

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