2022
Exports
$1MWorld Rnk 33 / 102
Flag Rnk 947 / 1198
2022
PRODUCT COMPLEXITY IN Prepared Wool or Animal Hair
-0.87Rnk 793 / 1025
2022
Imports
$28.9MWorld Rnk 15 / 147
Flag Rnk 629 / 1203
2022
ECONOMIC COMPLEXITY of Malaysia
1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $1M in Prepared Wool or Animal Hair, making it the 33rd largest exporter of Prepared Wool or Animal Hair in the world. At the same year, Prepared Wool or Animal Hair was the 947th most exported product in Malaysia. The main destination of Prepared Wool or Animal Hair exports from Malaysia are: China ($781k), Uruguay ($204k), Czechia ($12.7k), Kuwait ($1.69k), and Australia ($1.14k).

The fastest growing export markets for Prepared Wool or Animal Hair of Malaysia between 2021 and 2022 were China ($492k), Kuwait ($1.69k), and Australia ($1.14k).

Imports In 2022, Malaysia imported $28.9M in Prepared Wool or Animal Hair, becoming the 15th largest importer of Prepared Wool or Animal Hair in the world. At the same year, Prepared Wool or Animal Hair was the 629th most imported product in Malaysia. Malaysia imports Prepared Wool or Animal Hair primarily from: China ($28.4M), Japan ($401k), Chinese Taipei ($40.7k), Germany ($28.7k), and Uruguay ($14.8k).

The fastest growing import markets in Prepared Wool or Animal Hair for Malaysia between 2021 and 2022 were China ($25.7M), Japan ($75.9k), and Germany ($28.7k).

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2022 - June 2024)MYR-559k(-100%)
IMPORT GROWTH (September 2023 - September 2024)MYR-768k(-45.2%)
MAIN DESTINATION (June 2024)

This section shows Prepared Wool or Animal Hair'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 Prepared Wool or Animal Hair over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1M
IMPORTS (2022)$28.9M
NET TRADE (2022)-$27.9M

In 2022, Malaysia exported $1M in Prepared Wool or Animal Hair. The main destinations of Malaysia exports on Prepared Wool or Animal Hair were China ($781k), Uruguay ($204k), Czechia ($12.7k), Kuwait ($1.69k), and Australia ($1.14k).

In 2022, Malaysia imported $28.9M in Prepared Wool or Animal Hair, mainly from China ($28.4M), Japan ($401k), Chinese Taipei ($40.7k), Germany ($28.7k), and Uruguay ($14.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Prepared Wool or Animal Hair EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
China$492k (170%)
Kuwait$1.69k (1%)
Australia$1.14k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Prepared Wool or Animal Hair BY Malaysia WERE (2021 - 2022):
Germany-$594k (-100%)
United Kingdom-$187k (-100%)
Chinese Taipei-$145k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Prepared Wool or Animal Hair were:
In 2022, Malaysia's main importing competitors in Prepared Wool or Animal Hair were:

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Trade Value of Prepared Wool or Animal Hair by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $88.7k
TOP IMPORT POTENTIALGermany+ $86k

Prepared Wool or Animal Hair’s highest export potential is China. With an export gap of $88.7k.   Prepared Wool or Animal Hair’s highest import potential is Germany with an import gap of $86k.

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