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2022
Exports $6.24MWorld Rnk 7 / 116
Flag Rnk 702 / 1198
2022
Destination $618k Singapore
2021 - 2022
FASTEST GROWING MARKET $618kVietnam
2022
Imports $1.9MWorld Rnk 40 / 188
Flag Rnk 1034 / 1203
2022
Origin $411k China
2021 - 2022
FASTEST GROWING ORIGIN $411kChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $6.24M in Quilted Textiles, making it the 7th largest exporter of Quilted Textiles in the world. At the same year, Quilted Textiles was the 702nd most exported product in Malaysia. The main destination of Quilted Textiles exports from Malaysia are: Singapore ($3.12M), Vietnam ($1.14M), Cambodia ($990k), Thailand ($253k), and Hong Kong ($241k).

The fastest growing export markets for Quilted Textiles of Malaysia between 2021 and 2022 were Vietnam ($618k), Singapore ($275k), and Thailand ($160k).

Imports In 2022, Malaysia imported $1.9M in Quilted Textiles, becoming the 40th largest importer of Quilted Textiles in the world. At the same year, Quilted Textiles was the 1034th most imported product in Malaysia. Malaysia imports Quilted Textiles primarily from: China ($1.56M), Japan ($156k), Singapore ($117k), Thailand ($44.7k), and United States ($6.13k).

The fastest growing import markets in Quilted Textiles for Malaysia between 2021 and 2022 were China ($411k), Japan ($120k), and Thailand ($14.8k).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Quilted Textiles exports accounted up to MYR1.37M and imports accounted up to MYR9.99k, resulting in a positive trade balance of MYR1.36M. Between June 2023 and June 2024 the exports of Malaysia's   Quilted Textiles have decreased by MYR-163k (-10.6%) from MYR1.53M to MYR1.37M, while imports decreased by MYR-114k (-92%) from MYR124k to MYR9.99k.

Destinations In June 2024, Quilted Textiles were exported mostly to Singapore (MYR667k), Cambodia (MYR420k), China (MYR142k), Vietnam (MYR97.4k), and Indonesia (MYR18.3k), and were imported mostly from Hong Kong (MYR3.23k), Japan (MYR3.03k), Chinese Taipei (MYR2.31k), Latvia (MYR1k), and United States (MYR406).

Growth In June 2024, the decrease in Quilted Textiles's year-by-year exports was explained primarily by a decrease in exports to Singapore (MYR-379k or -25.1%), Cambodia (MYR-302k or -84.7%), and Thailand (MYR-34.4k or -36.9%). In June 2024, the decrease in Quilted Textiles's year-by-year imports was explained primarily by a decrease in imports from China (MYR-203k or -86.4%), Japan (MYR-32k or -79.3%), and Singapore (MYR-23k or -67.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR-163k(-10.6%)
IMPORT GROWTH (June 2023 - June 2024)MYR-114k(-92%)
MAIN DESTINATION (June 2024)SingaporeMYR667k

This section shows Quilted Textiles'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 Quilted Textiles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.24M
IMPORTS (2022)$1.9M
NET TRADE (2022)$4.33M

In 2022, Malaysia exported $6.24M in Quilted Textiles. The main destinations of Malaysia exports on Quilted Textiles were Singapore ($3.12M), Vietnam ($1.14M), Cambodia ($990k), Thailand ($253k), and Hong Kong ($241k).

In 2022, Malaysia imported $1.9M in Quilted Textiles, mainly from China ($1.56M), Japan ($156k), Singapore ($117k), Thailand ($44.7k), and United States ($6.13k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Quilted Textiles EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Vietnam$618k (119%)
Singapore$275k (9.64%)
Thailand$160k (171%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Quilted Textiles BY Malaysia WERE (2021 - 2022):
Cambodia-$554k (-35.9%)
Sri Lanka-$31.7k (-78.1%)
Pakistan-$27.8k (-56%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Quilted Textiles were:
China $105M
Italy $22.1M
United States $19.9M
In 2022, Malaysia's main importing competitors in Quilted Textiles were:
United States $21.8M
Vietnam $19.9M
Mexico $17.2M

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Trade Value of Quilted Textiles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $142k
TOP IMPORT POTENTIALChina+ $122k

Quilted Textiles’s highest export potential is Indonesia. With an export gap of $142k.   Quilted Textiles’s highest import potential is China with an import gap of $122k.

See methodology.

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