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2022
Exports $150MWorld Rnk 21 / 216
Flag Rnk 228 / 1198
2022
Destination $5.47M Singapore
2021 - 2022
FASTEST GROWING MARKET $5.47MChina
2022
PRODUCT COMPLEXITY IN Plastic Housewares-0.46Rnk 686 / 1025
2022
Imports $576MWorld Rnk 9 / 223
Flag Rnk 91 / 1203
2022
Origin $127M China
2021 - 2022
FASTEST GROWING ORIGIN $127MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $150M in Plastic Housewares, making it the 21st largest exporter of Plastic Housewares in the world. At the same year, Plastic Housewares was the 228th most exported product in Malaysia. The main destination of Plastic Housewares exports from Malaysia are: Singapore ($42.7M), United States ($22.3M), Japan ($15.3M), China ($14.8M), and Indonesia ($6.52M).

The fastest growing export markets for Plastic Housewares of Malaysia between 2021 and 2022 were China ($5.47M), Philippines ($2.44M), and United States ($2.34M).

Imports In 2022, Malaysia imported $576M in Plastic Housewares, becoming the 9th largest importer of Plastic Housewares in the world. At the same year, Plastic Housewares was the 91st most imported product in Malaysia. Malaysia imports Plastic Housewares primarily from: China ($536M), Thailand ($10.1M), Indonesia ($7.94M), South Korea ($5.27M), and Chinese Taipei ($2.56M).

The fastest growing import markets in Plastic Housewares for Malaysia between 2021 and 2022 were China ($127M), Thailand ($4.33M), and South Korea ($3.97M).

COMPANIES In 2023, leading companies such as Philips (28) were at the forefront of shipping Plastic Housewares from Malaysia to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Plastic Housewares exports accounted up to MYR83.4M and imports accounted up to MYR37.6M, resulting in a positive trade balance of MYR45.8M. Between June 2023 and June 2024 the exports of Malaysia's   Plastic Housewares have increased by MYR29.2M (53.9%) from MYR54.2M to MYR83.4M, while imports increased by MYR5.4M (16.8%) from MYR32.2M to MYR37.6M.

Destinations In June 2024, Plastic Housewares were exported mostly to Japan (MYR34.2M), Singapore (MYR15.3M), United States (MYR14.1M), Indonesia (MYR3.43M), and China (MYR3.32M), and were imported mostly from China (MYR27.7M), Thailand (MYR2.76M), Singapore (MYR1.48M), Japan (MYR846k), and Indonesia (MYR804k).

Growth In June 2024, the increase in Plastic Housewares's year-by-year exports was explained primarily by an increase in exports to China (MYR5.89M or 254%), Philippines (MYR1.15M or 72.2%), and Qatar (MYR716k or 389%). In June 2024, the increase in Plastic Housewares's year-by-year imports was explained primarily by an increase in imports from India (MYR357k or 77.2%), Chinese Taipei (MYR337k or 71%), and Vietnam (MYR309k or 115%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR29.2M(53.9%)
IMPORT GROWTH (June 2023 - June 2024)MYR5.4M(16.8%)
MAIN DESTINATION (June 2024)JapanMYR34.2M

This section shows Plastic Housewares'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 Plastic Housewares over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$150M
IMPORTS (2022)$576M
NET TRADE (2022)-$426M

In 2022, Malaysia exported $150M in Plastic Housewares. The main destinations of Malaysia exports on Plastic Housewares were Singapore ($42.7M), United States ($22.3M), Japan ($15.3M), China ($14.8M), and Indonesia ($6.52M).

In 2022, Malaysia imported $576M in Plastic Housewares, mainly from China ($536M), Thailand ($10.1M), Indonesia ($7.94M), South Korea ($5.27M), and Chinese Taipei ($2.56M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Plastic Housewares EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
China$5.47M (58.5%)
Philippines$2.44M (171%)
United States$2.34M (11.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plastic Housewares BY Malaysia WERE (2021 - 2022):
Singapore-$6.35M (-13%)
Saudi Arabia-$2.47M (-71%)
Egypt-$2.12M (-51.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Plastic Housewares were:
China $16.8B
United States $981M
Germany $844M
In 2022, Malaysia's main importing competitors in Plastic Housewares were:
United States $8.48B
Germany $1.26B
Canada $1B

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Trade Value of Plastic Housewares by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $15.8M
TOP IMPORT POTENTIALThailand+ $7M

Plastic Housewares’s highest export potential is United States. With an export gap of $15.8M.   Plastic Housewares’s highest import potential is Thailand with an import gap of $7M.

See methodology.

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