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2022
Exports $35MWorld Rnk 17 / 130
Flag Rnk 423 / 1198
2022
Destination $4.04M Singapore
2021 - 2022
FASTEST GROWING MARKET $4.04MSingapore
2022
PRODUCT COMPLEXITY IN Refractory Cements0.7Rnk 278 / 1025
2022
Imports $64MWorld Rnk 12 / 214
Flag Rnk 463 / 1203
2022
Origin $25M China
2021 - 2022
FASTEST GROWING ORIGIN $25MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $35M in Refractory Cements, making it the 17th largest exporter of Refractory Cements in the world. At the same year, Refractory Cements was the 423rd most exported product in Malaysia. The main destination of Refractory Cements exports from Malaysia are: Singapore ($14.5M), Vietnam ($7.44M), Indonesia ($3.76M), Thailand ($2.72M), and India ($1.54M).

The fastest growing export markets for Refractory Cements of Malaysia between 2021 and 2022 were Singapore ($4.04M), United Arab Emirates ($564k), and Vietnam ($541k).

Imports In 2018, Malaysia imported $64M in Refractory Cements, becoming the 12th largest importer of Refractory Cements in the world. At the same year, Refractory Cements was the 463rd most imported product in Malaysia. Malaysia imports Refractory Cements primarily from: China ($52.7M), Germany ($1.28M), Austria ($1.14M), Singapore ($1.13M), and South Africa ($1.07M).

The fastest growing import markets in Refractory Cements for Malaysia between 2021 and 2022 were China ($25M), Germany ($513k), and Japan ($490k).

Latest Trends

September 2024

About

Overview In September 2024 Malaysia's Refractory Cements exports accounted up to MYR7.71M and imports accounted up to MYR12.6M, resulting in a negative trade balance of MYR4.85M. Between September 2023 and September 2024 the exports of Malaysia's   Refractory Cements have decreased by MYR-2.51M (-24.5%) from MYR10.2M to MYR7.71M, while imports decreased by MYR-1.32M (-9.48%) from MYR13.9M to MYR12.6M.

Destinations In September 2024, Refractory Cements were exported mostly to Singapore (MYR3.41M), India (MYR1.4M), Vietnam (MYR917k), Indonesia (MYR718k), and Thailand (MYR551k), and were imported mostly from China (MYR10.6M), Indonesia (MYR338k), Slovenia (MYR285k), Singapore (MYR188k), and Germany (MYR155k).

Growth In September 2024, the decrease in Refractory Cements's year-by-year exports was explained primarily by a decrease in exports to Vietnam (MYR-2M or -91.1%), Indonesia (MYR-999k or -77.5%), and United Arab Emirates (MYR-755k or -84.7%). In September 2024, the decrease in Refractory Cements's year-by-year imports was explained primarily by a decrease in imports from South Africa (MYR-951k or -86.4%), United Kingdom (MYR-590k or -93.5%), and Indonesia (MYR-314k or -84.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)MYR-2.51M(-24.5%)
IMPORT GROWTH (September 2023 - September 2024)MYR-1.32M(-9.48%)
MAIN DESTINATION (September 2024)SingaporeMYR3.41M

This section shows Refractory Cements'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 Refractory Cements over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$35M
IMPORTS (2022)$64M
NET TRADE (2022)-$28.9M

In 2022, Malaysia exported $35M in Refractory Cements. The main destinations of Malaysia exports on Refractory Cements were Singapore ($14.5M), Vietnam ($7.44M), Indonesia ($3.76M), Thailand ($2.72M), and India ($1.54M).

In 2022, Malaysia imported $64M in Refractory Cements, mainly from China ($52.7M), Germany ($1.28M), Austria ($1.14M), Singapore ($1.13M), and South Africa ($1.07M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refractory Cements EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Singapore$4.04M (38.7%)
United Arab Emirates$564k (271%)
Vietnam$541k (7.84%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refractory Cements BY Malaysia WERE (2021 - 2022):
Indonesia-$1.7M (-31.1%)
India-$149k (-8.79%)
Brazil-$70.8k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Refractory Cements were:
China $546M
Germany $375M
United States $257M
In 2022, Malaysia's main importing competitors in Refractory Cements were:
Indonesia $256M
Russia $154M
Canada $131M

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Trade Value of Refractory Cements by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $3.01M
TOP IMPORT POTENTIALGermany+ $906k

Refractory Cements’s highest export potential is Indonesia. With an export gap of $3.01M.   Refractory Cements’s highest import potential is Germany with an import gap of $906k.

See methodology.

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