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2023
Exports $690MWorld Rnk 17 / 158
Flag Rnk 75 / 1208
2023
Destination $38.6M Indonesia
2022 - 2023
FASTEST GROWING MARKET $38.6MVietnam
2023
PRODUCT COMPLEXITY IN Propylene Polymers0.19Rnk 496 / 1025
2023
Imports $597MWorld Rnk 23 / 205
Flag Rnk 74 / 1211
2023
Origin $1.41M Saudi Arabia
2022 - 2023
FASTEST GROWING ORIGIN $1.41MCanada
2023
ECONOMIC COMPLEXITY of Malaysia1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $690M in Propylene Polymers, making it the 17th largest exporter of Propylene Polymers in the world. At the same year, Propylene Polymers was the 75th most exported product in Malaysia. The main destination of Propylene Polymers exports from Malaysia are: Indonesia ($189M), China ($154M), Singapore ($111M), Vietnam ($67.3M), and India ($46.8M).

The fastest growing export markets for Propylene Polymers of Malaysia between 2022 and 2023 were Vietnam ($38.6M), Singapore ($20.7M), and India ($9.95M).

Imports In 2023, Malaysia imported $597M in Propylene Polymers, becoming the 23rd largest importer of Propylene Polymers in the world. At the same year, Propylene Polymers was the 74th most imported product in Malaysia. Malaysia imports Propylene Polymers primarily from: Saudi Arabia ($241M), Singapore ($113M), China ($42.5M), United Arab Emirates ($41.1M), and United States ($35.5M).

The fastest growing import markets in Propylene Polymers for Malaysia between 2022 and 2023 were Canada ($1.41M), Vietnam ($721k), and Austria ($601k).

Latest Trends

December 2024

About

Overview In December 2024 Malaysia's Propylene Polymers exports accounted up to MYR323M and imports accounted up to MYR198M, resulting in a positive trade balance of MYR125M. Between December 2023 and December 2024 the exports of Malaysia's   Propylene Polymers have increased by MYR72.4M (28.9%) from MYR251M to MYR323M, while imports increased by MYR2.48M (1.27%) from MYR195M to MYR198M.

Destinations In December 2024, Propylene Polymers were exported mostly to China (MYR101M), Indonesia (MYR72.5M), Vietnam (MYR42.9M), India (MYR23.9M), and Philippines (MYR21M), and were imported mostly from Singapore (MYR52.6M), Saudi Arabia (MYR47.6M), China (MYR19.8M), Thailand (MYR12.7M), and United States (MYR11.1M).

Growth In December 2024, the increase in Propylene Polymers's year-by-year exports was explained primarily by an increase in exports to Indonesia (MYR30.6M or 59.6%), Vietnam (MYR6.28M or 39.2%), and India (MYR5.68M or 50%). In December 2024, the increase in Propylene Polymers's year-by-year imports was explained primarily by an increase in imports from Singapore (MYR25.5M or 80.2%), United Arab Emirates (MYR3.58M or 35%), and Japan (MYR3.32M or 74.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)MYR72.4M(28.9%)
IMPORT GROWTH (December 2023 - December 2024)MYR2.48M(1.27%)
MAIN DESTINATION (December 2024)ChinaMYR101M

This section shows Propylene Polymers'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 Propylene Polymers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$690M
IMPORTS (2023)$597M
NET TRADE (2023)$93.4M

In 2023, Malaysia exported $690M in Propylene Polymers. The main destinations of Malaysia exports on Propylene Polymers were Indonesia ($189M), China ($154M), Singapore ($111M), Vietnam ($67.3M), and India ($46.8M).

In 2023, Malaysia imported $597M in Propylene Polymers, mainly from Saudi Arabia ($241M), Singapore ($113M), China ($42.5M), United Arab Emirates ($41.1M), and United States ($35.5M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Propylene Polymers EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
Vietnam$38.6M (135%)
Singapore$20.7M (22.9%)
India$9.95M (27%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Propylene Polymers BY Malaysia WERE (2022 - 2023):
Burma-$16.6M (-87.3%)
China-$7.24M (-4.5%)
Australia-$7.07M (-42.5%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Propylene Polymers were:
Saudi Arabia $5.46B
United States $3.99B
South Korea $3.8B
In 2023, Malaysia's main importing competitors in Propylene Polymers were:
China $4.99B
Turkey $2.88B
Germany $2.8B

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Trade Value of Propylene Polymers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $70.7M
TOP IMPORT POTENTIALSingapore+ $32.9M

Propylene Polymers’s highest export potential is China. With an export gap of $70.7M.   Propylene Polymers’s highest import potential is Singapore with an import gap of $32.9M.

See methodology.

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