Platinum in Malaysia | The Observatory of Economic Complexity

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Exports In 2022, Malaysia exported N/A in Platinum, making it the 42nd largest exporter of Platinum in the world. At the same year, Platinum was the 673rd most exported product in Malaysia. The main destination of Platinum exports from Malaysia are: Switzerland ($5.15M), Japan ($1.36M), Hong Kong ($588k), Germany ($394k), and Chinese Taipei ($23.1k).

The fastest growing export markets for Platinum of Malaysia between 2021 and 2022 were Germany ($394k), Singapore ($8.83k), and Brunei ($2.54k).

Imports In 2022, Malaysia imported $86.5M in Platinum, becoming the 28th largest importer of Platinum in the world. At the same year, Platinum was the 396th most imported product in Malaysia. Malaysia imports Platinum primarily from: Japan ($54.3M), Chinese Taipei ($17.1M), Germany ($9.25M), Italy ($2.65M), and Hong Kong ($831k).

The fastest growing import markets in Platinum for Malaysia between 2021 and 2022 were Germany ($1.23M), Hong Kong ($221k), and China ($138k).

Latest Trends

August 2024

About

Overview In August 2024 Malaysia's Platinum exports accounted up to MYR45.3k and imports accounted up to MYR27.3M, resulting in a negative trade balance of MYR27.2M. Between August 2023 and August 2024 the exports of Malaysia's Platinum have decreased by MYR-268k (-85.5%) from MYR313k to MYR45.3k, while imports increased by MYR23.9M (703%) from MYR3.4M to MYR27.3M.

Destinations In August 2024, Platinum were exported mostly to Japan (MYR45.3k), and were imported mostly from Hong Kong (MYR11.5M), Japan (MYR6.21M), Costa Rica (MYR4.62M), Chinese Taipei (MYR2.81M), and Germany (MYR1.17M).

Growth In August 2024, the decrease in Platinum's year-by-year exports was explained primarily by a decrease in exports to . In August 2024, the increase in Platinum's year-by-year imports was explained primarily by an increase in imports from Italy (MYR127k or 549%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2023 - August 2024)MYR-268k(-85.5%)

IMPORT GROWTH (August 2023 - August 2024)MYR23.9M(703%)

MAIN DESTINATION (August 2024)JapanMYR45.3k

This section shows Platinum'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 Platinum over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

IMPORTS (2022)$86.5M

In N/A, Malaysia exported N/A in Platinum. The main destinations of Malaysia exports on Platinum were Switzerland ($5.15M), Japan ($1.36M), Hong Kong ($588k), Germany ($394k), and Chinese Taipei ($23.1k).

In 2022, Malaysia imported $86.5M in Platinum, mainly from Japan ($54.3M), Chinese Taipei ($17.1M), Germany ($9.25M), Italy ($2.65M), and Hong Kong ($831k).

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