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2023
Exports $116MWorld Rnk 4 / 147
Flag Rnk 253 / 1208
2023
Destination $2.58M China
2022 - 2023
FASTEST GROWING MARKET $2.58MEthiopia
2023
PRODUCT COMPLEXITY IN Pharmaceutical Rubber Products0.34Rnk 442 / 1025
2023
Imports $14.2MWorld Rnk 27 / 214
Flag Rnk 739 / 1211
2023
Origin $237k Thailand
2022 - 2023
FASTEST GROWING ORIGIN $237kEcuador
2023
ECONOMIC COMPLEXITY of Malaysia1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $116M in Pharmaceutical Rubber Products, making it the 4th largest exporter of Pharmaceutical Rubber Products in the world. At the same year, Pharmaceutical Rubber Products was the 253rd most exported product in Malaysia. The main destination of Pharmaceutical Rubber Products exports from Malaysia are: China ($11.4M), Germany ($7.67M), United States ($7.56M), Brazil ($6.23M), and Mexico ($4.81M).

The fastest growing export markets for Pharmaceutical Rubber Products of Malaysia between 2022 and 2023 were Ethiopia ($2.58M), China ($2.57M), and United States ($1.94M).

Imports In 2023, Malaysia imported $14.2M in Pharmaceutical Rubber Products, becoming the 27th largest importer of Pharmaceutical Rubber Products in the world. At the same year, Pharmaceutical Rubber Products was the 739th most imported product in Malaysia. Malaysia imports Pharmaceutical Rubber Products primarily from: Thailand ($9.04M), China ($1.55M), Japan ($1.15M), Belgium ($996k), and Ecuador ($237k).

The fastest growing import markets in Pharmaceutical Rubber Products for Malaysia between 2022 and 2023 were Ecuador ($237k), Germany ($67.4k), and India ($24.2k).

Latest Trends

November 2024

About

Overview In November 2024 Malaysia's Pharmaceutical Rubber Products exports accounted up to MYR35.8M and imports accounted up to MYR4.61M, resulting in a positive trade balance of MYR31.2M. Between November 2023 and November 2024 the exports of Malaysia's   Pharmaceutical Rubber Products have decreased by MYR-942k (-2.57%) from MYR36.7M to MYR35.8M, while imports decreased by MYR-1.08M (-19%) from MYR5.69M to MYR4.61M.

Destinations In November 2024, Pharmaceutical Rubber Products were exported mostly to South Africa (MYR3.53M), Poland (MYR3.35M), Germany (MYR2.87M), Brazil (MYR2.04M), and China (MYR1.98M), and were imported mostly from Thailand (MYR3.12M), China (MYR649k), Japan (MYR598k), Singapore (MYR138k), and India (MYR52.2k).

Growth In November 2024, the decrease in Pharmaceutical Rubber Products's year-by-year exports was explained primarily by a decrease in exports to Brazil (MYR-911k or -30.1%), Australia (MYR-541k or -82.5%), and Indonesia (MYR-458k or -54.8%). In November 2024, the decrease in Pharmaceutical Rubber Products's year-by-year imports was explained primarily by a decrease in imports from Japan (MYR-173k or -28.2%) and Singapore (MYR-17.8k or -74%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)MYR-942k(-2.57%)
IMPORT GROWTH (November 2023 - November 2024)MYR-1.08M(-19%)
MAIN DESTINATION (November 2024)South AfricaMYR3.53M

This section shows Pharmaceutical Rubber 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 Pharmaceutical Rubber Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$116M
IMPORTS (2023)$14.2M
NET TRADE (2023)$102M

In 2023, Malaysia exported $116M in Pharmaceutical Rubber Products. The main destinations of Malaysia exports on Pharmaceutical Rubber Products were China ($11.4M), Germany ($7.67M), United States ($7.56M), Brazil ($6.23M), and Mexico ($4.81M).

In 2023, Malaysia imported $14.2M in Pharmaceutical Rubber Products, mainly from Thailand ($9.04M), China ($1.55M), Japan ($1.15M), Belgium ($996k), and Ecuador ($237k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Pharmaceutical Rubber Products EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
Ethiopia$2.58M (72.7k%)
China$2.57M (29%)
United States$1.94M (34.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pharmaceutical Rubber Products BY Malaysia WERE (2022 - 2023):
Nigeria-$2.89M (-62.7%)
Brazil-$1.72M (-21.6%)
Germany-$1.59M (-17.1%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Pharmaceutical Rubber Products were:
Thailand $339M
China $268M
France $164M
In 2023, Malaysia's main importing competitors in Pharmaceutical Rubber Products were:
China $146M
United States $91.7M
Italy $73.9M

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Trade Value of Pharmaceutical Rubber Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.49M
TOP IMPORT POTENTIALChina+ $1.15M

Pharmaceutical Rubber Products’s highest export potential is China. With an export gap of $3.49M.   Pharmaceutical Rubber Products’s highest import potential is China with an import gap of $1.15M.

See methodology.

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