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2022
Exports $4.78BWorld Rnk 1 / 195
Flag Rnk 14 / 1198
2022
Destination $74.1M United States
2021 - 2022
FASTEST GROWING MARKET $74.1MGermany
2022
PRODUCT COMPLEXITY IN Rubber Apparel-0.51Rnk 706 / 1025
2022
Imports $103MWorld Rnk 23 / 221
Flag Rnk 355 / 1203
2022
Origin $657k Thailand
2021 - 2022
FASTEST GROWING ORIGIN $657kJapan
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $4.78B in Rubber Apparel, making it the 1st largest exporter of Rubber Apparel in the world. At the same year, Rubber Apparel was the 14th most exported product in Malaysia. The main destination of Rubber Apparel exports from Malaysia are: United States ($1.39B), Germany ($372M), Japan ($293M), China ($258M), and United Kingdom ($189M).

The fastest growing export markets for Rubber Apparel of Malaysia between 2021 and 2022 were Germany ($74.1M), Kuwait ($3.87M), and Oman ($2.58M).

Imports In 2022, Malaysia imported $103M in Rubber Apparel, becoming the 23rd largest importer of Rubber Apparel in the world. At the same year, Rubber Apparel was the 355th most imported product in Malaysia. Malaysia imports Rubber Apparel primarily from: Thailand ($36.2M), United States ($34.3M), Indonesia ($6.6M), China ($5.94M), and Malaysia ($3.19M).

The fastest growing import markets in Rubber Apparel for Malaysia between 2021 and 2022 were Japan ($657k), Hong Kong ($430k), and Turkey ($366k).

COMPANIES In 2023, leading companies such as Halyard Health (875) were at the forefront of shipping Rubber Apparel from Malaysia to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Malaysia's Rubber Apparel exports accounted up to MYR1.59B and imports accounted up to MYR62.9M, resulting in a positive trade balance of MYR1.52B. Between August 2023 and August 2024 the exports of Malaysia's   Rubber Apparel have increased by MYR533M (50.5%) from MYR1.05B to MYR1.59B, while imports increased by MYR18.8M (42.6%) from MYR44.1M to MYR62.9M.

Destinations In August 2024, Rubber Apparel were exported mostly to United States (MYR614M), Germany (MYR98.8M), Japan (MYR77.2M), United Kingdom (MYR72.3M), and China (MYR54M), and were imported mostly from Indonesia (MYR31.4M), Thailand (MYR21.3M), Sri Lanka (MYR5.63M), China (MYR1.58M), and Vietnam (MYR752k).

Growth In August 2024, the increase in Rubber Apparel's year-by-year exports was explained primarily by an increase in exports to Syria (MYR659k or 263%), Nepal (MYR569k or 116%), and Tunisia (MYR514k or 154%). In August 2024, the increase in Rubber Apparel's year-by-year imports was explained primarily by an increase in imports from Germany (MYR6.87M or 10.4k%), South Korea (MYR865k or 145%), and China (MYR671k or 66.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)MYR533M(50.5%)
IMPORT GROWTH (August 2023 - August 2024)MYR18.8M(42.6%)
MAIN DESTINATION (August 2024)United StatesMYR614M

This section shows Rubber Apparel'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 Rubber Apparel over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.78B
IMPORTS (2022)$103M
NET TRADE (2022)$4.68B

In 2022, Malaysia exported $4.78B in Rubber Apparel. The main destinations of Malaysia exports on Rubber Apparel were United States ($1.39B), Germany ($372M), Japan ($293M), China ($258M), and United Kingdom ($189M).

In 2022, Malaysia imported $103M in Rubber Apparel, mainly from Thailand ($36.2M), United States ($34.3M), Indonesia ($6.6M), China ($5.94M), and Malaysia ($3.19M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber Apparel EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Germany$74.1M (24.9%)
Kuwait$3.87M (41.9%)
Oman$2.58M (25.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Apparel BY Malaysia WERE (2021 - 2022):
United States-$4.02B (-74.3%)
United Kingdom-$452M (-70.5%)
Canada-$444M (-78.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Rubber Apparel were:
China $2.17B
Thailand $1.74B
In 2022, Malaysia's main importing competitors in Rubber Apparel were:
United States $3.13B
Germany $839M
United Kingdom $572M

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Trade Value of Rubber Apparel by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $21.9M
TOP IMPORT POTENTIALThailand+ $8.39M

Rubber Apparel’s highest export potential is China. With an export gap of $21.9M.   Rubber Apparel’s highest import potential is Thailand with an import gap of $8.39M.

See methodology.

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