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2023
Exports $171MWorld Rnk 21 / 160
Flag Rnk 192 / 1208
2023
Destination $3.71M India
2022 - 2023
FASTEST GROWING MARKET $3.71MChinese Taipei
2023
PRODUCT COMPLEXITY IN Rough Wood-1.34Rnk 910 / 1025
2023
Imports $13.6MWorld Rnk 43 / 205
Flag Rnk 746 / 1211
2023
Origin $1.76M Australia
2022 - 2023
FASTEST GROWING ORIGIN $1.76MUruguay
2023
ECONOMIC COMPLEXITY of Malaysia1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $171M in Rough Wood, making it the 21st largest exporter of Rough Wood in the world. At the same year, Rough Wood was the 192nd most exported product in Malaysia. The main destination of Rough Wood exports from Malaysia are: India ($140M), Chinese Taipei ($13.3M), China ($5.59M), Japan ($5.53M), and Indonesia ($2.32M).

The fastest growing export markets for Rough Wood of Malaysia between 2022 and 2023 were Chinese Taipei ($3.71M), China ($1.85M), and Indonesia ($828k).

Imports In 2023, Malaysia imported $13.6M in Rough Wood, becoming the 43rd largest importer of Rough Wood in the world. At the same year, Rough Wood was the 746th most imported product in Malaysia. Malaysia imports Rough Wood primarily from: Australia ($6.37M), Uruguay ($3.81M), South Africa ($1.32M), Papua New Guinea ($1.1M), and Chinese Taipei ($284k).

The fastest growing import markets in Rough Wood for Malaysia between 2022 and 2023 were Uruguay ($1.76M), Suriname ($77.4k), and Germany ($48.5k).

Latest Trends

December 2024

About

Overview In December 2024 Malaysia's Rough Wood exports accounted up to MYR17.1M and imports accounted up to MYR1.47M, resulting in a positive trade balance of MYR15.7M. Between December 2023 and December 2024 the exports of Malaysia's   Rough Wood have decreased by MYR-7.85M (-31.4%) from MYR25M to MYR17.1M, while imports decreased by MYR-2.77M (-65.3%) from MYR4.24M to MYR1.47M.

Destinations In December 2024, Rough Wood were exported mostly to India (MYR11M), Chinese Taipei (MYR3.6M), Indonesia (MYR1.21M), South Korea (MYR1.19M), and China (MYR85.5k), and were imported mostly from Uruguay (MYR767k), Australia (MYR606k), and Japan (MYR95.7k).

Growth In December 2024, the decrease in Rough Wood's year-by-year exports was explained primarily by a decrease in exports to Singapore (MYR-6.03k or -68.5%) and Thailand (MYR-5.59k or -82.3%). In December 2024, the decrease in Rough Wood's year-by-year imports was explained primarily by a decrease in imports from Australia (MYR-18.1M or -94.5%) and Germany (MYR-16.7k or -19%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)MYR-7.85M(-31.4%)
IMPORT GROWTH (December 2023 - December 2024)MYR-2.77M(-65.3%)
MAIN DESTINATION (December 2024)IndiaMYR11M

This section shows Rough Wood'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 Rough Wood over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$171M
IMPORTS (2023)$13.6M
NET TRADE (2023)$158M

In 2023, Malaysia exported $171M in Rough Wood. The main destinations of Malaysia exports on Rough Wood were India ($140M), Chinese Taipei ($13.3M), China ($5.59M), Japan ($5.53M), and Indonesia ($2.32M).

In 2023, Malaysia imported $13.6M in Rough Wood, mainly from Australia ($6.37M), Uruguay ($3.81M), South Africa ($1.32M), Papua New Guinea ($1.1M), and Chinese Taipei ($284k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rough Wood EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
Chinese Taipei$3.71M (38.7%)
China$1.85M (49.4%)
Indonesia$828k (55.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rough Wood BY Malaysia WERE (2022 - 2023):
India-$13.3M (-8.66%)
Japan-$2.36M (-29.9%)
Vietnam-$1.43M (-99.6%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Rough Wood were:
New Zealand $2.19B
United States $1.67B
Germany $1.1B
In 2023, Malaysia's main importing competitors in Rough Wood were:
China $5.64B
India $836M
Austria $824M

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Trade Value of Rough Wood by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $12M
TOP IMPORT POTENTIALPapua New Guinea+ $1.49M

Rough Wood’s highest export potential is China. With an export gap of $12M.   Rough Wood’s highest import potential is Papua New Guinea with an import gap of $1.49M.

See methodology.

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