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2023
Exports $3BWorld Rnk 1 / 187
Flag Rnk 16 / 1208
2023
Destination $5.62M United States
2022 - 2023
FASTEST GROWING MARKET $5.62MMexico
2023
PRODUCT COMPLEXITY IN Rubber Apparel-0.51Rnk 707 / 1025
2023
Imports $104MWorld Rnk 19 / 224
Flag Rnk 320 / 1211
2023
Origin $935k Indonesia
2022 - 2023
FASTEST GROWING ORIGIN $935kSingapore
2023
ECONOMIC COMPLEXITY of Malaysia1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $3B in Rubber Apparel, making it the 1st largest exporter of Rubber Apparel in the world. At the same year, Rubber Apparel was the 16th most exported product in Malaysia. The main destination of Rubber Apparel exports from Malaysia are: United States ($992M), Japan ($220M), Germany ($197M), United Kingdom ($125M), and China ($123M).

The fastest growing export markets for Rubber Apparel of Malaysia between 2022 and 2023 were Mexico ($5.62M), Israel ($2.39M), and Philippines ($1.2M).

Imports In 2023, Malaysia imported $104M in Rubber Apparel, becoming the 19th largest importer of Rubber Apparel in the world. At the same year, Rubber Apparel was the 320th most imported product in Malaysia. Malaysia imports Rubber Apparel primarily from: Indonesia ($48M), Thailand ($34.8M), China ($4.52M), Sri Lanka ($3.68M), and United States ($3.15M).

The fastest growing import markets in Rubber Apparel for Malaysia between 2022 and 2023 were Singapore ($935k), Vietnam ($700k), and Germany ($505k).

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

November 2024

About

Overview In November 2024 Malaysia's Rubber Apparel exports accounted up to MYR1.42B and imports accounted up to MYR65.8M, resulting in a positive trade balance of MYR1.35B. Between November 2023 and November 2024 the exports of Malaysia's   Rubber Apparel have increased by MYR403M (39.6%) from MYR1.02B to MYR1.42B, while imports increased by MYR17.7M (36.9%) from MYR48.1M to MYR65.8M.

Destinations In November 2024, Rubber Apparel were exported mostly to United States (MYR669M), Japan (MYR82.7M), China (MYR59.8M), Germany (MYR55.4M), and United Kingdom (MYR52.4M), and were imported mostly from Indonesia (MYR30.1M), Thailand (MYR24.2M), Sri Lanka (MYR5.47M), United States (MYR1.81M), and China (MYR1.4M).

Growth In November 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 November 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 (November 2023 - November 2024)MYR403M(39.6%)
IMPORT GROWTH (November 2023 - November 2024)MYR17.7M(36.9%)
MAIN DESTINATION (November 2024)United StatesMYR669M

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 (2023)$3B
IMPORTS (2023)$104M
NET TRADE (2023)$2.9B

In 2023, Malaysia exported $3B in Rubber Apparel. The main destinations of Malaysia exports on Rubber Apparel were United States ($992M), Japan ($220M), Germany ($197M), United Kingdom ($125M), and China ($123M).

In 2023, Malaysia imported $104M in Rubber Apparel, mainly from Indonesia ($48M), Thailand ($34.8M), China ($4.52M), Sri Lanka ($3.68M), and United States ($3.15M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rubber Apparel EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
Mexico$5.62M (23.4%)
Israel$2.39M (274%)
Philippines$1.2M (6.17%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Apparel BY Malaysia WERE (2022 - 2023):
Germany-$292M (-59.7%)
China-$145M (-54%)
United Kingdom-$99.2M (-44.3%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Rubber Apparel were:
China $1.76B
Thailand $1.5B
In 2023, Malaysia's main importing competitors in Rubber Apparel were:
United States $2.3B
Germany $504M
Japan $441M

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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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