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2022
Exports $5.28MWorld Rnk 35 / 106
Flag Rnk 732 / 1198
2022
Destination $616k Indonesia
2021 - 2022
FASTEST GROWING MARKET $616kThailand
2022
PRODUCT COMPLEXITY IN Phosphoric Acid-0.58Rnk 718 / 1025
2022
Imports $31.5MWorld Rnk 27 / 191
Flag Rnk 611 / 1203
2022
Origin $8.85M Vietnam
2021 - 2022
FASTEST GROWING ORIGIN $8.85MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $5.28M in Phosphoric Acid, making it the 35th largest exporter of Phosphoric Acid in the world. At the same year, Phosphoric Acid was the 732nd most exported product in Malaysia. The main destination of Phosphoric Acid exports from Malaysia are: Indonesia ($3.13M), Thailand ($1.11M), Vietnam ($429k), Singapore ($254k), and United States ($127k).

The fastest growing export markets for Phosphoric Acid of Malaysia between 2021 and 2022 were Thailand ($616k), Vietnam ($374k), and Indonesia ($271k).

Imports In 2022, Malaysia imported $31.5M in Phosphoric Acid, becoming the 27th largest importer of Phosphoric Acid in the world. At the same year, Phosphoric Acid was the 611th most imported product in Malaysia. Malaysia imports Phosphoric Acid primarily from: Vietnam ($13.3M), China ($12.9M), Chinese Taipei ($2.42M), Singapore ($1.56M), and South Korea ($571k).

The fastest growing import markets in Phosphoric Acid for Malaysia between 2021 and 2022 were China ($8.85M), Chinese Taipei ($1.18M), and Singapore ($413k).

Latest Trends

August 2024

About

Overview In August 2024 Malaysia's Phosphoric Acid exports accounted up to MYR834k and imports accounted up to MYR11.4M, resulting in a negative trade balance of MYR10.5M. Between August 2023 and August 2024 the exports of Malaysia's   Phosphoric Acid have decreased by MYR-1.08M (-56.5%) from MYR1.92M to MYR834k, while imports increased by MYR3.93M (52.8%) from MYR7.44M to MYR11.4M.

Destinations In August 2024, Phosphoric Acid were exported mostly to Vietnam (MYR277k), Thailand (MYR275k), Indonesia (MYR111k), Canada (MYR89.9k), and Singapore (MYR80.9k), and were imported mostly from Vietnam (MYR5.85M), China (MYR2.58M), Chinese Taipei (MYR1.1M), Singapore (MYR904k), and Japan (MYR893k).

Growth In August 2024, the decrease in Phosphoric Acid's year-by-year exports was explained primarily by a decrease in exports to Indonesia (MYR-3.59M or -100%). In August 2024, the increase in Phosphoric Acid's year-by-year imports was explained primarily by an increase in imports from Singapore (MYR250k or 82.9%), United Kingdom (MYR102k or 48.2%), and United States (MYR3.54k or 10.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)MYR-1.08M(-56.5%)
IMPORT GROWTH (August 2023 - August 2024)MYR3.93M(52.8%)
MAIN DESTINATION (August 2024)VietnamMYR277k

This section shows Phosphoric Acid'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 Phosphoric Acid over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.28M
IMPORTS (2022)$31.5M
NET TRADE (2022)-$26.2M

In 2022, Malaysia exported $5.28M in Phosphoric Acid. The main destinations of Malaysia exports on Phosphoric Acid were Indonesia ($3.13M), Thailand ($1.11M), Vietnam ($429k), Singapore ($254k), and United States ($127k).

In 2022, Malaysia imported $31.5M in Phosphoric Acid, mainly from Vietnam ($13.3M), China ($12.9M), Chinese Taipei ($2.42M), Singapore ($1.56M), and South Korea ($571k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Phosphoric Acid EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Thailand$616k (126%)
Vietnam$374k (685%)
Indonesia$271k (9.47%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Phosphoric Acid BY Malaysia WERE (2021 - 2022):
Chinese Taipei-$187k (-100%)
Cote d'Ivoire-$171k (-100%)
Pakistan-$86.6k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Phosphoric Acid were:
Morocco $2.29B
China $973M
Senegal $846M
In 2022, Malaysia's main importing competitors in Phosphoric Acid were:
India $2.91B
Pakistan $627M
Netherlands $398M

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Trade Value of Phosphoric Acid by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALThailand+ $484k
TOP IMPORT POTENTIALChina+ $2.06M

Phosphoric Acid’s highest export potential is Thailand. With an export gap of $484k.   Phosphoric Acid’s highest import potential is China with an import gap of $2.06M.

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